Personal Limited Company

What to Expect

• Tax Advice to Maximize Retention Rates
• Monthly Payroll
• Invoicing Management
• Income Tax Return
• Dedicated Account Manager
• Advice on Business Expenses Claims
• Company Incorporation
• VAT Returns
• Annual Bookkeeping
• Annual Financial Statements
• Annual Corporation Tax Return
• Annual Abridged Accounts
• B1 Annual Return for CRO
• Award Winning Bespoke Technology
• Assistance with setting up a Business Bank Account
• Monthly Reconciliations
• Company Secretarial Services
• Appointment of Directors
• Processing of Contracts
• Act as Appointed Revenue Agent
• Register for VAT/PAYE/CT
• Proactive Management of Tax Deadlines

Personal Limited Company

Unlike an Umbrella solution a Private Limited Company is fully owned and controlled by you. It allows you maximum control of your finances, wealth planning and can be very tax efficient.

All the paperwork and the compliance might seem daunting. However, at Contracting PLUS we look after everything; the admin, the paperwork, the accounts and the company set up. All you need to do is think about what you want the name of your personal limited company to be – we do the rest. Simple.

With bespoke software you will have easy and full access to your accounts so you’ll always know where you stand. Access to the software is free as part of this solution.

Setting up your own Personal Limited Company is ideal for those who want to buy assets (such as a company car), retain funds in the company or employ a staff member. Read more about why you should setup a personal limited company.

Your Employers Liability, Public Liability and Professional Indemnity* Insurances are all included in your monthly fee which is also a tax deductible business expense.

We can assist you with opening your business bank account, and can provide you with a company secretary if necessary. We will liaise with Revenue on your behalf as your appointed Tax Agent.

With Contracting PLUS looking after your business you can focus all your effort on growing it! Click here to setup your Personal Limited Company. 

Why Set-Up a Personal Limited Company?

• Gives You Full Control 
• Build Your Own Brand 
• You Can Build and Retain Wealth in the Company 
• Maximise your Tax Benefits 
• Employ Your Own Staff 
• Buy Your Own Assets, E.g. Company Car

Who should set up their own Personal Limited Company?

If you are a contractor who simply just wants more control of your finances then this is the best option for you. With your own Personal Limited Company you can market your business, expand your operation and take on employees, purchase a commercial vehicle and have more flexibility with salary and pension. It’s ideal for;

• Those who are thinking long-term about financial planning and their family’s wealth.
• Long-term Contractors / Career Contractors.
• Contractors who want to purchase company vehicles or other large assets.
• Those who want to retain money in the company to build wealth.
• Anyone who wants to brand and promote their company.