From Self-employed to Limited
One of our very successful clients was operating as a self-employed individual but soon found that he needed to take on more workers/sub-contractors to fulfil the orders he was winning.
Whilst consideration had been given to going Limited, the individual was concerned about expansion and everything that running his own company would bring. We have guided him through all matters, including:
- Company formation and bank account set-up
- VAT registration and returns
- PAYE registration and returns
- Dealing with CIS sub-contractors and completing monthly returns
- Invoicing and cash collection
- Claiming expenses and profit extraction
- All other administrative and accounting matters
It is fair to say that our client now feels empowered and is certainly enjoying the peace of mind that limited liability brings as his business expands.