Dormant Company Accounts

Accounts For A Dormant Company

Maintain your dormant company’s status effortlessly with our tailored accounting solutions to meet all HMRC and Companies House requirements.

If your company is not yet trading or has stopped trading, you are still required to file yearly accounts and a confirmation statement with Companies House. Failure to do so can result in penalties, which can be a significant financial burden for your business. Our service is designed to simplify this process and help you stay compliant with minimal effort. Our team of experts can quickly prepare and file your dormant company’s annual accounts in just one day, ensuring you meet all legal requirements without any hassle. We will keep you updated and ensure you receive all necessary notifications from Companies House. Our team is here to handle all the paperwork, from preparing and filing your annual accounts to submitting your confirmation statement. This way, you can focus on your future business plans without worrying about the administrative burden of running a dormant company.

Frequently Asked Question

What is payroll?
Payroll manages how much a company pays its employees. It involves calculating how much an employee should be paid, taking off any taxes or other deductions, and paying them their net salary. Payroll includes tracking how many hours employees work and benefits like health insurance and retirement plans. Payroll ensures that employees are paid on time and that the company follows tax and government rules.
Our team of experts can assist with creating legally compliant employee contracts tailored to meet the needs of businesses. We ensure all necessary details include job duties, compensation, benefits, and termination policies. We aim to provide a comprehensive and customised contract that protects our client's interests while fostering positive relationships with employees.

tax code is a series of letters and numbers used by HMRC to determine the amount of tax an individual should pay. The code is based on personal allowance and other factors that affect tax liability and is used to calculate tax deductions. It’s essential to regularly check the tax code for accuracy and report changes to HMRC.

Yes, we can prepare various employer letters, such as job confirmation letters, employment offer letters, and letters for visa applications. Our team of experts ensure that the letters are accurate and tailored to the specific needs of the employer and employee. In addition, we can assist our clients in creating letters that meet their business requirements and help them maintain positive relationships with their employees.

The Employment Allowance is a government scheme that helps UK employers reduce their National Insurance bill by up to £5,000 per year. At Peer Accountants, we can advise you on whether you are eligible for the allowance and help you claim it through your payroll software. This will help you save money and support your business’s cash flow.

Holiday pay in the UK is the amount paid to employees on vacation, calculated based on their normal pay rate and the number of holiday hours. Employers are legally required to provide a minimum paid holiday each year. Peer Accountants can help you understand the legal requirements and ensure you pay the correct amount to your employees, maintaining good relationships and compliance with the law.