Topical Tax Tips for Setting Up a Limited Company

Setting up a limited company can be a straightforward process. It's important to have a conversation with an expert beforehand to determine if a limited company is beneficial for you. Once set up, you will need to open a bank account for your company and integrate your accounting software with your bank and CRM system. Additionally, ensure that you have the appropriate insurance to protect yourself in case of any issues with the tax authorities. Lastly, if you are unable to pay your tax on time, don't ignore it. You can arrange a time to pay deal online to avoid penalties.