Limited Company
Limited Companies are often used as the most tax efficient payment vehicle available to higher earners. A Limited Company Director will usually need to hire his or her own accountant to assist in the set up and administration of their own Limited Company.
While Ship Shape do not promote or facilitate the use of Limited Companies; We do contract to and pay Limited Companies and we will of course pay VAT where required. You can submit income to your Limited Company from other sources and Ship Shape will make continual estimates of your company and personal tax position for your peace of mind. All part of the service and at no extra charge.
Why choose Ship Shape Pay for Limited Company payroll?
| Ship Shape Pay | ||
|---|---|---|
| General Benefits | ||
| HMRC compliant | Yes | Read below for more details on all our general benefits |
| Accident Insurance | Yes | |
| Electronic pay transfer | Yes | |
| Fees | ||
| Gross weekly fees (as of Aug 2011)* | £16.90 | More info... |
| Fee free period each new job | Yes | |
| Special Benefits | ||
| Free company mobile | Yes | More info... |
| Personal online account services: Manage company and personal financial affairs in one place. Complete and submit expense online. | Yes | More info... |
| Company and personal tax returns | Yes | More info... |
| Weekly updates: Tax position and Activity Summary updated weekly | Yes | More info... |
*All fees and charges are quoted Gross – beware of providers who quote “Net” figures as these may not be applicable to you.
General Benefits Details
HMRC compliant
Ship Shape has passed a full HMRC review and uses HMRC accredited software, ‘Star’ and ‘Sage’ Payroll Professional, plus we have official BACS Bureau accreditation.
Accident Insurance
We have arranged Public Liability insurance cover of £5 million, plus Accident insurance paying £300 a week income support for up to two years. All for just £2.99 per week.
Electronic pay transfer
Ship Shape can make same day payments, by BACS and CHAPS.
