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FREE DOWNLOAD · NO COST · 2026/27 EDITION

Your First UK Limited Company: 2026/27 Setup Guide

Setup Guide · 20 pages · 2026/27 edition

A practical walkthrough of forming, running and growing a UK limited company in 2026/27 — from Companies House registration to extracting profits tax-efficiently, with worked examples at the new dividend rates (10.75% / 35.75% / 39.35%).

Written for first-time directors and sole traders considering incorporation in 2026/27.

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Download Fernside-First-Limited-Company-Setup-Guide-2026-27.pdf

What's inside

All using 2026/27 rates and rules — published May 2026

  • What a limited company actually is — directors, shareholders, PSCs and your legal duties
  • Should you incorporate? Honest 2026/27 maths at £30k, £60k and £100k profit
  • The 6-step Companies House registration (and what to skip)
  • First-month checklist: bank account, HMRC registration, software, insurance
  • Corporation Tax basics — small profits rate, marginal relief, associated companies
  • Extracting profits: salary, dividends and the underused pension route
  • VAT for limited companies (with construction reverse charge mention)
  • Year-one obligations calendar and the 10 most common first-year mistakes

Written by Fahmina Jahan

Founder of Fernside Accounting Ltd, based in Woodford Green, London. We work with sole traders, micro businesses and landlords across NE London and Essex — local accountants who actually know the area.

Every threshold, rate and worked example in this guide reflects the 2026/27 tax year — verified against current HMRC publications at time of writing (May 2026).

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