Norla Products
Advantage Solo: Key Features
Advantage Solo offers far more than just a corporate tax return service at the end of the year, monthly payroll and filing of quarterly VAT returns. It provides a source of expert advice and information, for example, as part of your fee, the IR35 status of each and every contract will be assessed by independent experts.
Remaining compliant is a concern for many limited company contractors. Advantage Solo's ongoing independent advice and support can help you forward plan and make those crucial choices for your business when it really matters, avoiding problems rather than deferring them until the end of the year or even further into the future.
- Limited company formation service, set-up and operational within 48 hours.
- Bank account formation and registration for VAT.
- IR35 compliance checks -
This complimentary service puts you in touch with IR35 specialists who advise you directly on the IR35 status of each of your contracts.
- Access to a monthly account management update, detailing:
- Profit and Loss statement
- Funds available to be drawn as dividends
- Current corporation tax liability and due date
- Current VAT liability and due date
- Estimated personal tax liability and due date
- Comprehensive management of company accounts, tax and statutory requirements including:
- VAT registration and quarterly VAT return preparation and submission
- Annual statutory accounts and Company Tax Return completion and submission
- Income Tax Return completion and submission
- Registration for PAYE and running monthly payroll including year end documentation
- Personal and dedicated support - Norla's back office team are always available to provide swift support and advice.
- Personalised online portal should you require it for raising invoices, submitting expenses and accurately reviewing finances at work or home.
- Fee protection service in the event of a tax investigation.
- Optional extra services are available through Norla’s expert specialist partner companies.
