Fixed Fee Accountants

We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium-sized businesses. Cheap Accountants in London is a part of a well-recognized accounting firm in the UK.

Dormant Company Accounts

Your organization is dormant if it isn’t doing any business. It doesn’t have other wellsprings of salary, including speculation pay. What are the dormant company accounts? A dormant company is one that has no ‘significant accounting transactions’ during its monetary year. Such organizations are viewed as inert for corporation tax purposes since they’re not associated with any exchange movements. This includes buying and selling merchandise and enterprises. If you plan on filing account for a dormant company then you should know that when your company is dormant, you don’t have to tell Companies House until it’s time to file your annual accounts. However, you must tell HMRC as soon as possible.

 

If your organization stays dormant for a period of time, you need to advise HMRC that you’ll no longer be trading. You don’t have to cover corporation tax or record another company tax return. You should meet the bookkeeping and recording commitments to finish the yearly government forms regardless of whether you have any tax liabilities or not. Wondering why do companies file dormant accounts? Well, bear in mind that there’s no such transaction happening during the budgetary period due to which the organization gets dormant organization status. One advantage of having a dormant company status is that it diminishes the legal weight of an organization. Notwithstanding yearly records, all dormant organizations must document a yearly affirmation explanation.

 

Don’t want to invest much time in your dormant company accounts? Leave that upon our dormant accountants to look after your business. We understand that no transaction takes place if you’re wondering why should you spend time on a dormant company’s accounts but it is better to stay safe than sorry hence you should leave your dormant company/companies on us and focus on your businesses that are running successfully.

 

 

 

 

 

 

Our Services

We are proud to offer wide range of affordable accounting and taxation services in London to the businesses nationwide. Our team of dedicated qualified and clever accountants in London will ensure that you get the best and affordable service at a friction of a cost. Please see the list of the services that we offer:

  • Bookkeeping Services
  • Annual Return
  • Limited Company Accounts
  • Contractors Accounting
  • Dormant Company Accounts
  • Registered Office Address Facility
  • Quarterly VAT Returns
  • VAT Registration
  • Personal Tax Returns
  • CIS Tax Return
  • Landlord Tax Return
  • Capital Gains Tax Calculations
  • Tax Refunds
  • Payroll & PAYE Registration
  • Monthly Payroll
  • Xero Training

Simply get in touch with us to find out more about our services. Please feel free to ask for a Free Quote or call us at 0208 090 3485.

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