Limited Company
Should I set up a Limited Company?
Whether you’re just starting as a contractor or have been working through an umbrella for some time, forming a Limited Company could be the most profitable way to do business—especially if you earn more than £35,000 per year.A Limited Company allows you to pay yourself a combination of salary and dividends, making it a more tax-efficient option. You’ll also have greater flexibility in managing your business expenses.
However, with a Limited Company comes added responsibility and paperwork. But don’t worry—that’s where we come in. At Clearpath Umbrella, we can handle almost all of it for you, ensuring your operations run smoothly. Clearpath Accountants will make setting up and running your Limited Company as easy as possible, helping you focus on what you do best.
Why Choose to Set Up a Limited Company?
You should consider setting up a Limited Company if:
You want to increase your income potential.
You have assignments that fall outside of IR35.
You’re committed to contracting for the long term.
You’re willing to handle some paperwork (with support from us, of course).
Why Partner with Clearpath Umbrella for Your Accounting Needs?
If you’re looking to set up a Limited Company, our specialist contractor accountants will guide you through the entire process and handle all the necessary paperwork, so you can focus on running your business. We’ll structure your earnings tax-efficiently to help you maximise your income while ensuring full compliance with the latest legislation.
We understand that contractors don’t always follow a traditional 9-5 routine. Our flexible, dedicated accountancy services are designed to work around your needs.
Why Choose Clearpath Umbrella?
- Unbeatable Service
We build lasting relationships based on trust, offering unparalleled service and proactive support. - Great Value With our transparent pricing and a wide range of packages, you only pay for the services you truly need—helping you get the best value for your money.