Specialist Limited Company Accountants
Running a limited company comes with specific financial responsibilities — corporation tax returns, annual accounts filed at Companies House, directors' tax planning, dividend strategies, and VAT compliance. At Gro Profit First Accountants, we handle all of it so you can focus on running your business.
What's Included
Our limited company packages include company formation (if needed), annual accounts preparation and filing, corporation tax returns, bookkeeping via Xero, payroll for directors and employees, VAT returns, personal tax returns for directors, and unlimited advice and support throughout the year. Everything is covered by a single fixed monthly fee — no surprise bills.
Directors' Tax Planning
One of the biggest advantages of trading through a limited company is the ability to optimise how you extract profit. We help you find the most tax-efficient combination of salary, dividends, pension contributions, and expenses — typically saving directors thousands of pounds a year compared to a basic salary-only approach.
Should You Incorporate?
If you're currently a sole trader and your annual profits are above £50,000, incorporating as a limited company usually saves significant tax. We'll model both scenarios for you and advise on the right structure for your situation, taking into account IR35 status, mortgage applications, and future growth plans.
Profit First for Limited Companies
Every limited company client at Gro gets access to our Profit First system. We set up your bank accounts, calculate your allocation percentages, and run regular reviews to ensure you're taking profit from day one — not just hoping there's something left at year end.