Limited Company Options
Running your own Limited Company or Personal Service Company (PSC), as it is sometimes referred to, can be the most profitable and rewarding way of contracting. Obviously this does come with added responsibilities as you are a director of your own company and will need to dedicate some time to certain aspects involved in the running of it.
By letting Orbital take care of all the ‘back-office’ and administration involved you will have more freedom to maximise your working time. We can also help to guide you on all aspects from initial company set up and what to do on a monthly basis, right through to end of year obligations.
Help Is At Hand (if required)
Orbital can act as your registered office address, send invoices, provide bookkeeping provisions, deal with any HMRC administration, register you for required taxes and help with monthly /yearly returns. This all helps you to get on with what you do best.
Easy-to-use 24/7 accounting software
Designed specifically for small businesses and freelancers our stand-alone software makes it simple to stay on top of your day-to-day bookkeeping at a time that suits your lifestyle.
Our service is completely web-based, so there’s nothing to download, update, or install on your computer, and you can access it from anywhere you have an internet connection. Your data is safely backed-up and has the same level of encryption to talk to your computer as banks use.
We have also optimised our software for mobile so you can access your accounts when you’re on the move. There’s nothing to download — just log into your account on your phone to get going.
You will always get a real-time overview of your business finances (provided you are submitting up-to-date information) making it easy for you to track your cashflow, confirm cleared funds, check HMRC return deadlines and other important financial aspects of your business.
There are no restrictions on the number of transactions you can process and you can also choose to give access to as many people as necessary for your business. As your bookkeeper/accountants, we’ll also have access which means that we can deliver instant, better and more relevant advice on an up-to-date set of figures.
Contact us now to discuss becoming a limited company contractor.
How to create an invoice
How to send an invoice
How to set up a bank feed
How to set up a bank feed (Barclays Business Accounts)
How to record a mileage claim
How to record an expense