Clarity!
Confidence!
Compliance!
Vinsight Accountants
❓ Frequently Asked Questions
Do I need to file anything if my company hasn’t traded yet? +
Yes — even dormant companies must file accounts and a confirmation statement every year. Skipping them can lead to penalties or strike-off.
How fast can I set up a new limited company? +
Usually within a few hours. We handle the entire incorporation process — name checks, filing, and setup — so you can start trading the same day.
What’s the difference between annual accounts and a confirmation statement? +
Accounts show your financial activity (or confirm dormancy). The confirmation statement simply confirms your company details are up to date.
Do you only handle filings, or full accounting too? +
We do both. From bookkeeping and VAT to corporation tax returns — we make sure your business stays compliant and optimised for savings.
How can I reduce my corporation tax bill legally? +
Through smart structuring, expense planning, and timely filings. We help you use every legal allowance so you only pay what’s necessary.
Do I need to register for VAT as a small business? +
Only if your turnover crosses £90,000 — but sometimes registering early helps you reclaim VAT or use the Flat Rate Scheme for better savings. We’ll advise what fits best.