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Currently, the economic disruption by the pandemic has caused many people to lose their jobs. You’d be called redundant if you have lost your job because your employer wants fewer employees than the normal circumstance. In such a situation, you’d be entitled to redundancy payments on which you’re going to pay a certain amount of […]
What tax do I pay on Redundancy Payments? Read More »
This post will give you an idea of Pre-trading Expenses and how you can claim them. In case you have pooled in from your own pocket to set up your own company, what is the scope to claim the expenses after your company is finally incorporated. It is common among owners of small businesses to
How to Claim Back Pre-trading Expenses from your Company? Read More »
Loaning money to your own Company might sound the simplest way but it comes with legal and tax implications too. According to recent research, every twelve seconds, one home based business starts and there are 38M home based businesses. To start the company, capital is one of the most important components. People choose to lend
Is Lending Money to Your Own Company A Good Idea Read More »
In the fluctuating global economy where nothing is predictable, businesses encounter a lot of financial challenges. As we have observed this in the post-pandemic world, where there was a massive recession never felt before. This caused the downfall of the world’s major economies. Consequently, numerous businesses faced insolvency and some are still trying hard to
What is Insolvency? Causes, Effects and Preventive Measures Read More »
Before we define unlimited liability, the need is to know the meaning of business liability. All kinds of businesses come with the factor of liability. It means the owners, shareholders, or members are responsible for the business debts. Liability can be of two types. Limited Liability Unlimited Liability 1- Limited liability means the
Everything you need to know about Business unlimited liability Read More »
The Public Limited Liability Company are like Private Limited Companies but here, the shares are freely traded to the public and they are tradeable in stock exchange as well. It can also be privately held by other PLC. It is a separate legal entity which has its own identity apart from its owners and they
What is a Public Limited Liability Company Read More »
If you intend to set up a limited company and are looking for a guide to know where to start. This article will help you with the process of understanding what a Private limited company actually is and how you can start it. How is a Private Limited Company Valued? Limited companies have
How is Private Limited Company Valued Read More »
Before you look for the types of the partnership business, have this quick read about what partnership in business actually is. It won’t be wrong if we compare this structure to marriages and that too with comparable reasons. It is a specific kind of legal relationship in which two or more people agree
Partnership Business: Lets explore the types of Partnership In Business Read More »
If you’re working from home, you are lucky to have this opportunity. The flexibility to work from home as per your wish attracts and inspires people to set up their own business as the first priority. Nowadays, the coronavirus has forced people to work from home. To avoid the hassle of a full-time office-based job,
Use of Home as Office for a Limited Company Read More »
While registering a limited company with a companies house (or with our company formation service), you would often encounter the questions like what are company shares, what’s the value of each share, and what is share capital. If you’re not aware of them before, these questions can be confusing and intimidating as they are an
what is share capital, share value & company share? Read More »
Our team of qualified accountants in London has qualifications from top accountancy bodies, such as ICAEW ( Institute of Chartered Accountants of England & Wales, ACCA ( Association of Chartered Certified Accountants & AAT ( Association of Accounting Technicians). In addition, we are on ICAEW approved employer’s list.
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