your own limited company

At giant accounts, we’re here to make it as simple and easy as possible for you to operate your own limited company, and to help you maximise your earnings. Tap into truly smart technology. Help yourself to qualified personal accountants for expert, tailored advice and personal support.

is a limited company right for you?

Sometimes called a Personal Service Company or PSC, a limited company might be suitable for you. It makes sense if you’re earning more than £15 per hour, contracting for the longer term and want to increase your net earnings while having full control over your finances. You’ll be eligible to claim business expenses and, if you pass the IR35 compliance test, you can choose to pay yourself dividends alongside your salary, all of which reduces your tax burden and increases your net pay.

your take-home pay calculator

Use our quick take home calculator to work out how much your net income could be.

weekly income

net income

umbrella
451
limited
493

Please note that the calculations are based on a series of assumptions

new to contracting?

If you’re new to this kind of independence – freelancing, contracting, self-employment – you’ll soon realise that you have additional responsibilities as a director. First things first, your new boss is really nice. That’s you. And then there’s us: we’re nice too. We’ll give you the accounting tax and legal advice you need to get started, recommendations for your specific situation, and all the help you need going onwards and upwards.

what you get with giant accounts

The whole point of contracting is freedom. You’ll have more control as a company director – but you don’t want to be tied up with admin. With giant accounts, you get access to a Qualified Personal Accountant and support team. Yes, real people with real expertise. You’ll also get easy-to-use software that helps you manage your finances, raise invoices and enter expenses, 24:7 and on the go.

  • speedy set-up: your own limited company within 24 hours
  • business banking: help and guidance
  • expert advice: true insight from qualified accountants
  • IR35 advice and reviews: independent third-party reviews
  • easy software: 24:7 dashboards to control your business
  • daily data-feed: up-to-date business bank account figures
  • paperwork completed for you: VAT, payroll, tax and accounting
  • specialist insurances: all your risks covered
  • self-assessment tax returns: we take care of them too
  • easy pricing: pick 'n' mix services or packages
  • one monthly fee: no tie-ins*
    *after initial 3 monthly payments

switching from an umbrella company?

Goodbye umbrella! Are you ready to take the next step? We’re here to guide you. We’ll give you the advice you need to get started, and professional recommendations for your specific situation. We’ll help with all the practicalities of forming a company (incorporation), registering with HMRC and ongoing admin. Our simple software puts you in control. As for our brilliant people – your Qualified Personal Accountant and support team – ditto.

switching from another accountant?

Goodbye other accountant! Hello giant accounts. It’s much easier than you think to switch from your current accountant. We’ll liaise with them to transfer all your data and make sure you have everything you need, fast. The handover can happen in as little as 24 hours.

advantage for directors

As a director of your own limited company, you can save £000s each year with our wide-ranging rewards scheme, giant advantage, recognised at the Benefits Excellence Awards. Find out more here