Different business entities operate under fundamentally different tax statutes and reporting frameworks. We tailor our accounting workflows directly around your legal and regulatory obligations.
Individuals & Contractors
Sole Traders & Freelancers
As a sole trader or freelancer, you and your business are legally the same entity. While this structure offers simplicity and minimal corporate filing, you carry personal liability for all commercial debts and must calculate Self-Assessment income tax and National Insurance payments on account accurately.
What We Manage for You:
Self-Assessment tax return completion and electronic submission to HMRC
Strategic advisory on income tax payments on account and balancing liabilities
National Insurance Contributions (Class 2 & Class 4 NIC) compliance
Comprehensive review of allowable vehicle, home office, and business costs
Key Tax Dates to Remember:
31 January: Deadline for online filing and paying your balancing tax charge plus first payment on account.
Partners share joint and several liability for commercial commitments. A nominated partner must file the partnership tax return with HMRC, while all individual partners must submit individual Self-Assessments declaring their profit shares.
What We Manage for You:
Annual partnership accounts preparation for HMRC reporting
Nominated partner return (SA800) and partner profit share statements
Individual Self-Assessment returns for all active partners
Full payroll bureau management and digital VAT returns under MTD
Partnership Compliance Notice:
Even if the partnership operates at a loss, a formal partnership tax return must still be prepared and submitted to HMRC by 31 January.
Limited companies are separate legal entities, protecting personal assets through limited liability. In return, directors face strict statutory reporting requirements with Companies House and HMRC under UK company law.
What We Manage for You:
Statutory annual accounts filed directly to Companies House
Corporation Tax computation & electronic submission of CT600
Director Self-Assessments and tax-efficient salary/dividend structuring
Companies House annual Confirmation Statement and board minutes
Dual Statutory Filing Deadlines:
9 Months: Statutory accounts must be filed with Companies House 9 months after your financial year end.
9 Months + 1 Day: Corporation Tax payment is due to HMRC.
Turning your commercial concept into an operating business involves crucial legal and tax decisions. We ensure your entity is incorporated correctly and registered with all requisite HMRC tax schemes from the very start.
Startup Onboarding Inclusions:
Companies House incorporation, share allocation & articles
HMRC registration for Corporation Tax, VAT, and PAYE scheme
Advisory on business banking and commercial accounts
Chart of accounts setup on Making Tax Digital cloud accounting
Launch Confidently:
Avoid the common administrative missteps that trap new businesses. Let our Middleton team set your tax and accounting framework up right.
No matter which business structure you operate, every client agreement with CM Consultants Limited includes our full suite of service assurances at no additional charge.
Direct Partner Access
Direct line to your named accountant who knows your file, with no call-centre layers.
Filing Deadlines Managed
Continuous monitoring of Companies House and HMRC dates to ensure zero late penalties.
Out-of-Hours Availability
Evening and Saturday appointments tailored around your operational business hours.
HMRC Correspondence
We receive and manage all tax authority letters, reviews, and inquiries on your behalf.
Initial Consultation
Discuss Your Business Structure Today
Whether you are registering your first sole trader venture or structuring a group of limited companies, speak directly with an approachable accountant in Middleton.
