Accounting Solutions Manchester
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Accounting Services

We offer a wide range of friendly and professional accountancy services tailored to your business needs.

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Year End Accounts Efficient year-end accounts, prepared and filed with Companies House and HMRC. Corporation Tax Smart corporation tax support to help reduce exposure and improve efficiency. VAT Services Clear VAT advice to help you register, deregister and stay fully compliant. Startups Friendly startup accountancy support to help you start properly and stay compliant. Small Business Accounting Practical small business accounting support from friendly Manchester accountants. Personal Tax Returns Self-assessment tax returns prepared properly, with advice to reduce tax liability. Company Formation Simple company formation support to help you set up correctly from day one. Payroll Reliable payroll support to keep staff paid and HMRC reporting under control. Management Accounts Regular management accounts to help you understand performance and cash flow. Book Keeping Reliable bookkeeping services tailored to your company’s growth.
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No matter what type of business you run, whether you’re a startup, a limited company, a partnership, or a sole trader. Our goal is to make your accounting simple, stress-free, and tailored to your unique needs.

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Startups Startup accounting support to help you launch properly and stay compliant. Small Business Accounting Friendly small business accounting to keep your finances clear and organised. Limited Companies Limited company accounting support to help you stay compliant and grow confidently. Sole Traders Tailored sole trader accounting to keep your tax, records and accounts under control. Partnerships Partnership accounting support to simplify tax, accounts and financial responsibilities.
About Us

We are a firm of ACCA Qualified Accountants based in Stretford, Manchester. We have been providing exceptional service to companies and owner-managed businesses for the last 15 years.

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Our Approach At Accounting Solutions Manchester, we take pride in our approach to helping small businesses. Our Reviews Read what our clients have to say about their experiences working with us.

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Why Set Up as a Limited Company In Ashton-under-Lyne

In this article, we will look the reasons why businesses in the Ashton-under-Lyne area should consider setting up as a limited company.

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Five business people high‑fiving with happy expressions, representing the success and team spirit of forming a limited company.


If you are running a business in Ashton-under-Lyne, one of the key decisions that you will face will be what business structure to trade under. Due to a lack of knowledge and guidance most businesses chose the sole trader route. Trading as a limited company brings some great advantages—especially in today’s uncertain economy.

5 Advantages of Trading as a Limited Company

1. Limited Liability

As a sole trader, you are personally responsible for all of the business liabilities and debts. Meaning that your personal assets, including your home, could be at risk. In contrast, a limited company is a classed a separate legal entity, and the liability of its owners is limited to their investment in the business.

2. Tax Savings

Limited companies benefit from greater savings compared to the self-employment. Below we provided 3 examples.

Those trading as a limited companies can claim a wider range of allowable expenses and reliefs.  Therefore, helping you to reduce tax and keep more of your hard earned money.

Corporation tax – the yearly tax bill for a limited company is usually lower than the equivalent person trading as a sole trader.

Tax efficiencies – directors can take a combination of salary and dividends, maximising their savings.

With careful planning business owners can significantly lower their tax liabilities whilst at the same time remain HMRC compliant.

3. Enhanced Professional Credibility

Operating as a limited company promotes credibility and trustworthiness. Customers, suppliers, and banks prefer to work with limited companies as they are seen as more established and reliable.

4. Easier Access to Funding and Investment

Limited companies have a greater ability to raise capital compared to Sole traders. Banks and lenders are more likely to support a business that is structured as a company due to its separate legal status. Whether seeking bank loans, grants, or external investors, being a limited company will lead to access to wider funding opportunities.

5. Opportunities for Business Growth

Unlike sole trader businesses, which cease upon the owner’s retirement or death, a limited company has continuity. The business can be sold, transferred, or passed down to future generations without affecting its legal standing. This long-term stability makes it an attractive option for business owners.

Conclusion

With the added statutory reporting requirements, a limited company structure isn’t for everyone. That being said, the main advantage of trading as a limited company is limited liability. This single advantage can outweigh any other reason for a person considering to trade as a sole trader. As an added benefit more allowable expenses can be claimed when trading via a limited. .

If you’re considering setting up a limited company or changing from a sole trader, our accountants in Manchester can help with company formation, tax planning, year-end accounts, bookkeeping, VAT, payroll, and ongoing business advice. Contact Accounting Solutions Manchester today on 0161 879 7175 for a free, no-obligation consultation..