UK accounts from abroad - Ltd company

[Joe Robinson]

I have a Ltd company that I've been running for the past few years, but I'm relocating abroad within Europe. Now my personal tax will be in my country of residence, and I'd like to cut my accounting bill - currently around £1500pa

Is there any reason I need to have an accountant/ bookkeeper at all? I'd like to keep my UK company running.

Going by the HMRC site, I will only have to file annual accounts and tax return. Is there anything else I need to be aware of? Could I just pay a company to do this once the time comes?

Thanks

 

[Scalloway]

Doing the bookkeeping yourself shouldn't be too difficult but the accounts will still need an accountant. You also need to check out the tax position of your company in your new country os residence.

 

[Joe Robinson]

Thanks. By the accounts that will need an accountant, would that just be for annual returns and tax return?

 

[Scalloway]

Yes the annual accounts and the tax return.

 

[SteveHa]

You need to have a conversation with your accountant (who will know your business better than us). Residence rules for companies can be daunting, and an assessment of where the company will be resident is needed.