Company Profile
Galaxy Sole Trader and Limited Company
If you are a sole trader or considering setting up your own limited company Galaxy Solution can help you each and every step of the way. Using our partner network you will have access to a fully qualified ACCA accountant who will be able to provide comprehensive advice at every stage of the process from company formation to how to produce your invoices and PAYE advice. There are a range of Tariffs available to suit all accountancy needs.
You can contact our helpful team on 0208 832 1152 any time who are happy to discuss your options with you.
The Benefits
Galaxy enable you to benefit from:
- Fully Qualified advice from ACCA Accountant
- Company regsitered and up and running within 24 hours
- Ability to contract with the major UK staffing agencies
- No waiting for payments
- Retain your Self-Employed status even when working via a staffing agency
- Reduced Paper work
- Access to Personal Accident, Combined Liability and Professional Indemnity Insurance
We take away the problems that you may experience, and make sure you are doing it correctly from the start. We take care of your IR35 status by including the cost of a basic review in your fees, and we are completely transparent in the services we offer by putting you, the client first.
If you are setting up a new Limited Company We can get the new company up and running in just 24 hours and help set up a business bank account if required using our partner network. When forming a company with Galaxy Solution's Partner Network we will register you for all the relevant taxes which are included in the price quoted, giving you peace of mind that it has all been completed correctly. There are no additional charges or nasty surprises; you will also get a call from an Accountant to discuss and explain how things work.
Additional benefits of having your own Company
Pay less PAYE and NIC
- Allows for additional people on the company payroll scheme if operating a Limited Company through Galaxy.
- Dividend on the company's profits is at 10% below the upper rate of tax
- The money from the agency goes straight into the company's bank account which allows you to have complete control over the finance.
- You can tax plan to spread your earning throughout the year, which means you can maximise the use of the company's expenses.
- You can benefit from using the flat rate VAT which could net the company between £1,500 to £2,000 a year in additional income (it will pay for your accountancy fees)
- You can leave the money in the company and not pay any personal tax liability
Galaxy Solution Limited Company Partner Network advice:
- A limited company can be set up within 4 hours
- A limited company bank account can be set up in 1 day with Galaxy Solution's high street banking partners
- A company can start to trade before it receives its VAT number
- A PAYE scheme can be set up within 3 weeks
In a Nutshell
Compliance, trust, and transparency
Monthly Fee of £90, Galaxy Sole Trader and Limited Company provides you with
- Company Formation
- VAT Registration
- PAYE Registration
- Registered Office
- Tax Planning
- Quarterly VAT Returns
- Monthly Payroll
- Dividend Documentation
- Payroll End of Year Forms
- File Annual Returns
- Annual Financial Statements
- Corporation Tax Returns
- A Personal Account Manager
- Web Portal to manage your company finances
- Business Hours - 24 hours a day 365 days a year
- We reply to general enquiries within Less Than 2 Hours