Running a limited company comes with legal reporting duties that go well beyond what a sole trader faces. A House Of Accounts limited company accountant takes that admin off your plate entirely, so here’s exactly what the service covers and why most UK directors use one.
A limited company accountant manages the full range of statutory and financial obligations that come with running a Ltd company: preparing annual accounts, filing your Corporation Tax return, handling payroll and dividends, and keeping your Companies House filings up to date.
Every limited company must file statutory accounts, a Corporation Tax return, and a confirmation statement every year — miss a deadline and Companies House or HMRC apply automatic penalties. A dedicated accountant tracks these deadlines proactively, so nothing is left to chance.
Beyond compliance, a good accountant also helps you structure how you pay yourself — usually a mix of salary and dividends — in a way that’s genuinely tax-efficient, and flags allowable expenses and reliefs you might otherwise miss.
Your company’s annual accounts give a true and fair view of its financial position — assets, liabilities, profit and loss — prepared to UK accounting standards. From these, your accountant calculates the Corporation Tax due and files the return with HMRC, usually within 12 months of your company’s year-end, with tax itself due 9 months and 1 day after year-end.
Most director-shareholders take a small salary through PAYE and the remainder of their income as dividends, since this combination is often more tax-efficient than salary alone. Your accountant runs this through a compliant payroll scheme, files real-time reports to HMRC, and produces the dividend paperwork required to keep the arrangement legally sound.
If you’re unhappy with your current provider, switching is usually far simpler than people expect. Your new accountant contacts your existing one directly to request handover information — annual accounts, tax records, and any outstanding filings — under a process called professional clearance. There’s no need for an awkward conversation on your part, and most switches complete within a few weeks without disrupting your filing deadlines.
It’s also worth asking a prospective accountant how they handle the first few months of a switch, since this is when most confusion happens — overlapping responsibilities, unclear who’s filing what, or records arriving late from the previous provider. A well-organised firm will confirm exactly what’s been received, flag any gaps immediately, and give you a clear timeline for when your first filing under their management is due, so nothing falls between the cracks during the transition period.
At House Of Accounts, every limited company client is matched with a dedicated ACCA Qualified accountant who manages your accounts, tax, and payroll under one roof, with clear, upfront pricing from day one.
It's not a legal requirement, but most directors use one, since Ltd companies must file statutory accounts, a Corporation Tax return, and a confirmation statement correctly and on time each year.
Costs typically range from around £60 to £200+ per month depending on turnover, transaction volume, and whether payroll and VAT are included.
Yes. A good accountant identifies allowable expenses, reliefs, and tax-efficient ways to extract profit, which can meaningfully reduce your overall tax liability.
They track your annual accounts filing, Corporation Tax return and payment, confirmation statement, and VAT and payroll deadlines if applicable.
Yes. A new accountant typically requests handover information from your previous provider and can usually have you set up within a few weeks.
Many do, including House Of Accounts, managing director salary, PAYE, and dividend documentation as part of a full-service package.
Late filing penalties apply automatically and increase the longer accounts remain outstanding, which is one of the main reasons directors use a dedicated accountant to track deadlines.
Don’t let confusing numbers or missed deadlines hold your business back. Get matched with a dedicated ACCA Qualified accountant at House Of Accounts and get clear, upfront pricing from day one.
Get in touch with our team today and let us take the accounting stress off your plate.
📞 Call: +44 20 3386 1902
💬 WhatsApp: +44 7539 945628
✉️ Email: Info@housesofaccounts.co.uk
📍 Address: 9 Powick Road, Birmingham, B23 7NY, UK
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