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Limited Company

Setting up a limited company is an exciting step for many new businesses, but the process can feel complicated if you’ve never done it before.

This section contains practical guides covering company formation, tax rules, director responsibilities and how to run a limited company properly.

For a much deeper collection of guides and tools, visit our specialist resource: Limited Company Help.

Set up a company

  • Set up a limited company
  • What is Companies House?
  • Articles & Memorandum of Association
  • Companies House rule changes explained
  • Advantages of a limited company
  • Limited company expenses
  • IR35 rules explained

Company tax & accounts

  • Limited company taxes explained
  • Corporation tax explained
  • Set up and run your company payroll
  • Confirmation statement & PSC register
  • Annual accounts explained
  • Best salary & dividend split
  • How dividends are taxed
  • Tax-efficient ways to pay yourself

More company guides

  • Shareholders’ agreement explained
  • How to choose a limited company accountant
  • Directors vs shareholders explained
  • Director responsibilities and duties
  • Limited company vs sole trader
  • Income protection for company directors
  • Life insurance for company directors
expenses allowed limited company

What business expenses can your limited company claim for?

April 27, 2026
Which expenses you can claim via your limited company, and what to consider when deciding whether it's you or your business that should pay for something.
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split salary dividends company

The best salary and dividend split for directors in 2026/27

April 2, 2026
Most company directors are paid an annual salary, and draw down profits as dividends. What is the optimal salary/dividend split in 2026/27?
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limited company tax calculator

Limited Company Tax Calculator – 2026/27

April 2, 2026
If you're a company director, this calculator will work out your net profits, after expenses and tax. You can distribute the profits as dividends.
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dividend tax limited company

Limited company dividend tax guide – 2026/27 tax year

April 1, 2026
Here's how company dividends are taxed, and how you calculate the amount of tax you need to pay on your dividends.
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tax efficient pay limited company

Tax-efficient ways to pay yourself through a limited company

March 1, 2026
We asked a leading accountant to outline the tax-effective ways you can pay yourself via your own limited company. Updated for the 2026/27 tax year.
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salary sacrifice small business

Salary sacrifice explained for limited companies: what’s changing in 2029?

January 4, 2026
Salary sacrifice can reduce tax for employees and employers. Understand the rules, benefits, and major pension changes coming in 2029.
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ltd company advantages

15 advantages of setting up a limited company in 2026 (UK guide)

December 18, 2025
Thinking of starting a business? Discover the 15 key benefits of forming a UK limited company in 2026, from tax savings to liability protection.
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sole trader vs limited company

Sole trader vs limited company – pros and cons explained

December 18, 2025
Should you run your business as a sole trader or set up a limited company? We explain the pros and cons of each – including setting up, tax and liability.
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raise money new business sole trader limited

How to raise money to start and grow your own business

October 1, 2025
Starting on your own? Explore the main ways to raise money for a new business — from personal savings and bank loans to grants, crowdfunding and investors.
Read More
set up a limited company

How to set up a limited company in the UK (step-by-step guide)

August 15, 2025
Forming a limited company is simple to do online. Here’s what to prepare and the documents you must file with Companies House.
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Brand new ByteStart guides
  • What business expenses can your limited company claim for?
  • Can you open a business bank account before you start trading?
  • Can you use a personal bank account for your business – and should you?



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