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The directors who aim to register a limited company, tend to have two main options open to them. The first option is to register a company limited by guarantee. The second option is a company that is limited by the shares. It has been observed in the UK that mostly the incorporated businesses opt for […]
A Guide About The Private Company Limited By Guarantee Read More »
Since April 2016, it becomes obligatory for all UK private companies (including LLPs) to keep a register of people with significant control. It is also known as people with significant control register. This register is needed at the time of the company’s incorporation. The UK government introduced this measure to improve transparency and trust by
What is a Person of Significant Control? A Simple Guide Read More »
Whilst focusing on building a company, many business owners neglect the importance of record keeping. No matter your company size or industry you fall in, you need to be on top of keeping business records. It not only helps your company to fulfil its tax and regulatory requirements but is essential for the overall growth
Keeping Business Records: What you Need to Know? Read More »
In case you are wondering about what is a close company? and if you have ever heard of a company that is controlled by a small group of individuals, then you are halfway there to have a complete understanding of a close company. It is important to know that the income produces by such companies
A Beginner’s Guide based on What is A Close Company! Read More »
If you are a limited company owner in the UK, you need to send the Companies House confirmation statement on annual basis. It is a mandatory statement that is needed to verify the information they already have about your company. You need to send this statement on time otherwise you’d be prosecuted. Therefore, you need
Guide to know about Companies house confirmation statement Read More »
If you’ve decided to set up a limited company in the UK, it might be one of the best decisions of your life. Wondering how! Let’s make it easy. Along with financial security, a limited company grooms your personality and gives a boost to your professional status. With a limited company, you get paid for
How to start a limited company in the UK? Read More »
Partnership profit allocation refers to the equal distribution of profits. Partnership income is computed for the whole partnership by reference to the various sources of income for each accounting period. However, the legislation also says that for each tax year in which a firm carries on a trade. Each partner’s share of the firm’s trading
Allocation of Partnership Profits Read More »
We’re dependable! If you’re looking for someone reliable to work on claiming capital expenditures on your behalf for your business expenses, let us get to work! What is Annual Investment Allowance? How Does it Affect your Business? What is the annual AIA amount allowed on your business, you ask? No matter if
What is an Annual Investment Allowance? Read More »
Which Business Structure Should You Use? This helpsheet gives you an outline of the different business structures you can trade through. Your business format is not set in stone forever and you can change between them. It is fairly simple for a sole trader to take on a partner and become a partnership and
Self Employed or Limited Company Read More »
Start-Up Finance will be needed for: Premises Equipment Goodwill if purchasing an existing business Installation of utilities Legal and professional fees Stationery Advertising and publicity Insurance Stock for resale Wages of employees Then as you expand, further finance may be necessary to support any of the above that may increase before you make the
How to Raise Finance 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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