Personal Limited Company
A private limited company is fully owned and controlled by you.
It is very tax efficient and gives you complete control of your finances.
At Mac we provide a complete back-office support service from setting up your company right through the accounting cycle.
We do all of the administration, leaving you free to perform your professional services to the best of your ability.
We can help you set up your company, provide a registered address and act as company secretary, if required.
We are authorised by the Central Bank as a Trusted Company Service Provider.
Services we provide include:
- Monthly/weekly invoicing
- Monthly/weekly payroll
- Tax advice to maintain take-home pay
- Paying and filing monthly PAYE submissions
- Income tax return, Form 11
- Reconciling and finalising VAT returns
- Annual book-keeping and company accounts
- Corporation Tax returns
- Active management of CRO and Revenue filing deadlines
Benefits
- You own and control the company and are fully supported by Mac
- You have the ability to maximise pension contributions
- Great flexibility in claiming business expenses to reduce tax bills
- Build up funds in the company.
Ideal for those who don’t want to work a full tax year.
The famous 70% model.