Welcome to MyLtd.co.uk
Your straightforward guide to running, managing and understanding a UK private limited company — from setup and taxes to directors’ duties, payroll, exit strategies and more.
Company Formation & Setup
Registration, share capital, name rules, registered office, documents, costs, timelines and first steps after incorporation.
Read the Guide →Director Duties & Responsibilities
The seven statutory duties, liability risks, wrongful trading, disqualification, powers vs shareholders, resignation and protection.
Read the Guide →Payroll & Employees
How directors pay themselves (salary vs dividends), minimum salary, employing family, no employees needed, PAYE, expenses and benefits.
Read the Guide →Taxes & VAT
Corporation Tax, dividend tax & allowance, tax-efficient pay, VAT registration, allowable expenses, company cars, property in a company and more.
Read the Guide →Software & Tools
Best accounting software (QuickBooks, Xero, Sage, free options), Making Tax Digital compliance, payroll add-ons and what accountants prefer.
Read the Guide →Legal & Contracts
Articles of association, shareholder agreements, director contracts, employment agreements, terms & conditions and common legal pitfalls.
Read the Guide →Dissolution & Exit
Voluntary strike-off, MVL, CVL, tax-efficient closure, costs, timelines, insolvency, resignation, selling shares and final filings.
Read the Guide →Coming Soon
More guides on funding, growth, IR35, compliance updates, international considerations and advanced structuring topics are in preparation.
Watch this space