Go limited for great tax benefits
The perceived complexity of setting up a limited company can be off-putting, but inniAccounts makes it easy, allowing you the opportunity to make a big tax saving every year.
No more rainy days
If you use an umbrella company or an agency's PAYE scheme for tax purposes, you've probably been paying more tax than you need to. In addition, you could be at risk should the umbrella company encounter any financial trouble. Using a limited company can save you thousands each year and help you to feel secure about your future.
The following table is a guide to how much you could save each month by using a limited company. We’ve based the calculations on a 45 week working year, 20 miles per day in mileage and £100 per month in business expenses.
| Monthly net income | |||
|---|---|---|---|
| Your Day Rate | Umbrella Service | Limited Company | Saving |
| £100 | £1429 | £1628 | £199 per month |
| £200 | £2576 | £3110 | £534 per month |
| £300 | £3589 | £4282 | £693 per month |
| £500 | £5500 | £6504 | £1004 per month |
We're here to help
Running a limited company needn’t be complicated, and inniAccounts is designed exclusively to make it as easy as possible. We have a package to suit everybody, and our Premium service is particularly beneficial if you’re operating a limited company for the first time: you’ll get access to all our software plus full accountancy service and support, all for a fixed fee. We’ll even take care of forming your limited company and completing all the required registrations.
