As a Limited Liability Partnership, you have certain obligations that you need to fulfil:
1) Confirmation Statement: You are required to submit a confirmation statement to Companies House on an annual basis. This statement confirms the accuracy of the information held on the public register about your company, such as details of directors, shareholders, and registered office address.
2) Annual Accounts: You must prepare and file annual accounts with Companies House. These accounts provide a financial snapshot of your company's performance and include details of your income, expenses, assets, and liabilities. They are an important tool for assessing the financial health of your company.
3) Self Assessment Tax Return: Members must provide the necessary information and documentation to the tax authorities, to calculate and pay their taxes accurately. A Self Assessment Tax Return is a detailed form that requires LLP members to disclose their income, expenses, and other financial information for a specific tax year.
4) VAT Returns: If your company is registered for Value Added Tax (VAT), you must submit regular VAT returns to HMRC. These returns detail the VAT you have charged on your sales and the VAT you have paid on your purchases. It is important to comply with VAT regulations and submit your returns within the specified deadlines.
Our Service:
We provide a Confirmation Statement Filing Service for LLPs and limited companies.
For assistance on tax or annual accounts, we recommend speaking with an accountant or tax advisor.
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