Corporate Accounting & Tax Experts
in Chester
Navigate director duties, corporate tax, and Companies House compliance with total confidence. We handle the heavy financial lifting so you can scale your limited company—backed by transparent fixed fees and proactive local support.
The Corporate Advantage for Chester Limited Companies
Running a Limited Company comes with specific legal responsibilities and strict reporting deadlines. When looking for dedicated accountants, Chester limited companies trust us to ensure their business is not just compliant, but optimally structured for maximum profitability and director wealth extraction.
Maximize Business Cash Flow: Phillips & Co does not add 20% VAT to client accountancy packages. A £175/month Pro package costs your business exactly £175 out-of-pocket — saving your limited company hundreds of pounds every year compared to VAT-registered practices.
Year-End Statutory Accounts
- ✓ Full Accounts Preparation: Comprehensive P&L and Balance Sheet compiled under UK GAAP standards.
- ✓ Companies House Compliance: Direct iXBRL formatted filing on the public corporate register.
- ✓ Penalty Protection: Proactive deadline tracking to avoid all late filing fines.
Corporation Tax (CT600)
- ✓ Accurate Tax Calculations: Precise Corporation Tax computation based on net taxable profit.
- ✓ Relief & Allowance Claims: Strategic application of capital allowances and allowable business expenses.
- ✓ HMRC CT600 Filing: Direct, secure online corporate tax return submissions.
Director Payroll & Dividends
- ✓ Wealth Extraction Strategy: Optimized salary vs. dividend splits below tax thresholds.
- ✓ Director RTI Payroll: Monthly payroll processing and HMRC Real-Time Information filings.
- ✓ Personal Tax Returns: Director Self-Assessment (SA100) preparation and filing included.
VAT & Cloud Bookkeeping
- ✓ MTD Digital Filings: Fully Making Tax Digital compliant quarterly VAT submissions.
- ✓ Accurate Reconciliations: Ongoing ledger maintenance and bank feed matching.
- ✓ Real-Time Insights: Clear, plain-English profitability and cash flow visibility.
Important Statutory & Data Ownership Information
Companies House Confirmation Statement (CS01)
Our professional fee for drafting, reviewing, and filing your mandatory annual Confirmation Statement is 100% included in all fee packages. The standard Companies House digital filing fee (£50) will simply be recharged separately at cost.
100% Direct Data Ownership & Software Licenses
Subscriptions to cloud accounting software (such as Xero) are strictly held directly by you. This guarantees that you retain 100% legal ownership and control of your corporate financial records at all times with zero vendor lock-in.
How We Keep More Money in Your Pocket
Our dedicated approach goes far beyond basic annual compliance. We actively strategise throughout the financial year to minimize your tax liability, optimize business cash flow, and build your long-term personal wealth.
Smart Salary & Dividends
We design highly tax-efficient remuneration structures tailored to your household, perfectly balancing director salaries and dividend payouts to minimize overall tax bills.
- Optimal Salary Structuring: Set at the exact threshold to maintain State Pension qualifying years while avoiding unnecessary Class 1 National Insurance.
- Dividend Allowance Optimisation: Strategic dividend timing across tax years to stay below higher-rate Income Tax bands.
- Spousal & Family Income Splitting: Utilizing available tax allowances across co-directors or family shareholders where appropriate.
Maximum Corporate Reliefs
We rigorously review your ledgers to claim every single allowable business expense and corporate tax relief, lowering your net taxable profit and preserving cash reserves.
- Allowable Business Expenses: Thorough review of home-office use, business travel, subsistence, IT equipment, and mobile contracts.
- Capital Allowances & AIA: Full utilization of Annual Investment Allowances on plant, machinery, fixtures, and vehicle acquisitions.
- Pre-Tax Expense Matching: Ensuring legitimate business costs are paid directly by the company rather than out of post-tax personal income.
Long-Term Wealth Planning
We guide you through advanced wealth extraction methods that protect corporate profits, fund your future lifestyle, and set up your business for a tax-efficient exit.
- Director Employer Pensions: Direct corporate pension contributions that reduce Corporation Tax by 100% of the amount invested.
- Alphabet Share Structures: Flexible share classes allowing tailored dividend distributions suited to individual shareholder circumstances.
- Capital Gains & Exit Guidance: Strategic long-term structuring to maximize Business Asset Disposal Relief (BADR) upon company sale or liquidation.
Explore Our Limited Company Packages
Choose the right monthly plan for your Chester limited company. All packages include local expertise, proactive reminders, and company secretarial support—ensuring your accounts are accurate, deadlines are met, and opportunities to save tax are never missed.
Essential
Core Compliance & CT600
- ✓ Annual Accounts & Corporation Tax return (CT600)
- ✓ 1x Director Self-Assessment (SA100) tax filing included
- ✓ Director Payroll: Optional add-on (£25/month)
- ✓ Team Payroll: Optional add-on (£40/month)
- ✓ Client handles daily bookkeeping
Pro Package
Scaling & VAT Registered
- ✓ Annual Accounts & Corporation Tax return (CT600)
- ✓ 2x Director Self-Assessment tax filings included
- ✓ Quarterly VAT Return filing & MTD management
- ✓ Director Payroll: Optional add-on (£25/month)
- ✓ Team Payroll: Optional add-on (£40/month)
- ✓ Client handles daily bookkeeping
Premium Package
All-Inclusive Bookkeeping
- ✓ Annual Accounts & Corporation Tax return (CT600)
- ✓ 2x Director Self-Assessment tax filings included
- ✓ Quarterly VAT Return filing & MTD management
- ✓ Monthly Bookkeeping included (Up to 100 txns/mo)
- ✓ Quarterly Management Accounts & financial review
- ✓ Director or Team Payroll included (Up to 2 staff)
Important Note on Bookkeeping & Cloud Software
Fees assume a standard level of work. Additional fees for more complex cases will always be agreed with you upfront. Our fixed-fee compliance packages assume your bookkeeping is fully reconciled prior to handover. If your records require significant clean-up, a one-off Bookkeeping Rescue fee will apply. Cloud software subscriptions (such as Xero) are strictly not included in package fees and are held directly by you to guarantee 100% data ownership.
Specialized One-Off Corporate Advice
In addition to our monthly packages, we offer standalone advisory services for limited company directors:
Director Wealth Extraction Strategy
A mathematically optimized roadmap balancing salary, dividends, and director pension contributions to minimize overall household tax.
Property SPV Setup & SIC Registration
Specialist limited company incorporation tailored with exact SIC codes required by buy-to-let mortgage lenders.
Bookkeeping Rescue & Catch-Up
Dedicated cleanup and reconciliation services for neglected or unreconciled accounts prior to year-end CT600 filings.