Limited Company Accountant Tradesmen
Thinking of going Ltd? Our limited company accountant for tradesmen handles everything from Ltd company setup for tradespeople and HMRC registration to Corporation Tax compliance, so you can focus on growing your business.
Should You Go Limited? Run the Numbers First.
Going Ltd isn't right for everyone. If you're considering moving from sole trader to limited company, we'll compare your current income, expected profits and tax position to help you decide. Our limited company accountant for tradesmen explains the numbers clearly so you can choose the structure that's right for your business.
A limited company structure lets you pay yourself a combination of salary
and dividends which is typically more tax-efficient than taking all
your income as a sole trader. You also get limited liability, which
protects your personal finances if something goes wrong.
The best way to know for sure is to run your numbers through our free
Sole Trader vs Ltd calculator it'll show you exactly how much you could save (if anything) based on your actual income.
At Hammer & Ledger Tax, we help tradespeople make this decision properly.
We explain the pros and cons in plain English and if it makes sense
handle the entire setup from start to finish.
Specialist Limited Company Accountants for Tradesmen
We help tradespeople with Ltd company setup for tradespeople, ongoing tax advice and Corporation Tax compliance, providing straightforward support from day one.
Fixed, affordable pricing
Ready to Find Out If Going Ltd Will Save You Tax?
Subcontractor chasing a refund, limited company managing PAYE offsets, or
contractor staying compliant get in touch and we’ll sort it.
How we help
Company Formation
Yearly tax advice
Tax Registration and compliance
VAT and MTD
As simple as 1-2-3-4!
Tell us about your business
We organise everything
Books updated
Stay in control
Limited Company Setup FAQs for Tradespeople
How much does it cost to set up a limited company?
Companies House registration costs £50 online. Our setup fee covers everything else HMRC registrations, company structure advice and initial compliance setup. Speak to us for a fixed-fee quote.
Can I keep my existing contracts if I go Ltd?
In most cases, yes. However, if you work through a recruitment agency or under a contract of service, IR35 rules may affect how you’re taxed. IR35 status determinations are a specialist area we’d recommend getting this confirmed before incorporating, and can point you toward the right resources.
Do I still need to file a Self Assessment as a Ltd company director?
Not automatically. Directors who only receive a salary through PAYE don’t necessarily need to file one. However, if you receive dividends, untaxed income, or income above certain thresholds, you’ll need to. Most owner-directors taking a salary and dividend combination will and we handle this as part of your annual compliance.
What happens to my CIS deductions when I go Ltd?
Your limited company can register under CIS as a subcontractor. Deductions are offset against the company’s PAYE liability via monthly EPS submissions, and any excess is refunded. We handle the CIS reconciliation.
Can I switch back to sole trader if it doesn't work out?
Yes, though there are administrative and tax implications to closing a limited company. We’ll make sure you understand the exit process before we set anything up.
