Limit your liability, and your admin
Limited Companies are separate legal entities that limit the liabilities of their owners and offer tax efficient funds removal through salary and dividends. If you're thinking this might be right for you, you're hardly alone. Companies House statistics reveal there were 672,890 company incorporations between 2018 and 2019, with the total number well exceeding 4 million. That’s a lot of admin.
Income Tax, National Insurance, VAT, Corporation Tax, Capital Gains... Oh my!
If you’d rather avoid the challenges and headaches of registering your limited company, dealing with Companies House and producing and filing your statutory accounts (let alone calculating your salary-dividend split, corporation tax bill, income tax bill and performing your own tax self-assessment) then we can help you.
We're on it
Just use your Coconut limited company current account and tell The Bean Counter, via your smartphone voice assistant, about any cash, mileage or business transactions in personal accounts. We'll optimise the distribution of salary and dividends, handle Companies House and manage both your personal and company tax returns. And, of course, we'll let you know how much you need to save for upcoming tax bills. If you're starting out, we can even help you set up your limited company and register for self-assessment. We can handle further directors, too, if you need to.
Ready to get started?
Need something more bespoke?
Already have a business bank account?
Using your own bookkeeping software or bookkeeper?