The legalities and accounting requirements of running a Limited Company can be daunting. By outsourcing your bookkeeping to an accountant, you can free up your time and rest assured that your financials are all in order ready for those dreaded tax and accounts submissions at year end. It will also ensure you have adequate accounting records should you get a HMRC inspection.
A Limited Company has more credibility, but added legal and personal responsibilities. Annual accounts must be submitted, annual confirmation statement, corporation tax return, vat returns, payroll and it's associated filings and obligations. Add to that your own personal tax return. No wonder you may be feeling daunted!
Let's Balance can become your outsourced accountant, no need to take the risk of employing someone.