One of your duties as a limited company director is to update Companies House with information about your company every 12 months. This is achieved via submission of an Annual Return form (AR01). Here we look at what the form contains, how to submit it, and how much the service costs.
Business Structures - Limited Company
Most professional contractors work via their own limited companies. It remains the most tax-efficient business structure, despite recent increases in dividend tax and Corporation Tax.
Company directors have more paperwork and legal obligations than umbrella company contractors, but a specialist accountant can take care of these administrative duties for you.
- If you only have 5 minutes, make sure you read 10 things you should know before setting up a limited company
- How much does it cost to set up a limited company?
- Limited company basics - how to set up a company, and the responsibilities you have as a director
- Limited vs. Umbrella - find out more about the advantages and disadvantages of each business structure
- For in-depth guides to setting up a company, try Limited Company Help
What to do with your limited company if you go on a career break
It is not unusual for contractors to take time out, either for an extended holiday, to carry out a period of research and training, or if new work is hard to find. You may even have decided to take a permanent job. So, what should you do with your limited company if you do decide […]
Your responsibilities and duties as a limited company director
As a limited company director, you have a number of legal and financial responsibilities. We look at what these duties are, and why it is essential for directors to meet their statutory obligations.