Perfect for the newly self employed or sole trader with low turnover.
Sales under £150k per year
Self employed or sole trader
Unincorporated small business
What you get:
Complete business startup, if you need it
Business current account and debit card from Coconut*
Transactions made with Coconut automatically recorded and categorised
Record cash and mileage with The Bean Counter
Ongoing savings advice for upcoming tax bills - Know what you'll owe, save as you go
Comprehensive tax compliance checks
Assessment of all applicable tax savings
Preparation of income and expenses statement
Tax computations and national insurance contributions calculated
PAYE tax paid in employment (or pensions) checked and verified
Preparation of VAT returns (where applicable)
Preparation of your self assessment tax return
Tax summaries with HMRC 'due by' dates
All filed electronically with HMRC once approved
HMRC official-looking brown envelopes handled
Personalised jargon free help and advice, whenever you need it
Limit your personal liability and remove funds via a tax-efficient salary and dividend package.
Sales up to £10.2m per year
One or more owners and limited liability
Limited business identity
What you get:
Complete business startup, if you need it
Limited company current account and debit card from Coconut*
Transactions made with Coconut automatically recorded and categorised
Record cash and mileage with The Bean Counter
Ongoing savings advice for upcoming tax bills - Know what you'll owe, save as you go
Comprehensive tax compliance checks
Assessment of all applicable tax savings and efficient salary-dividend split
Preparation of profit & loss and balance sheet
Tax computations and national insurance contributions calculated
PAYE tax paid in employment (or pensions) checked and verified
Preparation of VAT returns (where applicable)
Preparation of company corporation statutory accounts and one director's self assessment tax return
Tax summaries with HMRC 'due by' dates
All filed electronically with HMRC and Companies House once approved
HMRC official-looking brown envelopes and Companies House annual confirmation statement handled
Personalised jargon free help and advice, whenever you need it