Misc

Government childcare scheme – tax-free top-up Working parents can receive a tax-free top up from the Government to help with their childcare costs. The top up is worth £500 every three months (£2,000 a year). A higher top-up of £4,000 a year (£1,000 every three months) is available where...

Inheritance tax and spouses and civil partners Special rules apply for inheritance tax purposes to married couples and civil partners. To ensure valuable tax reliefs are not lost, it is beneficial to consider the combined position, rather than dealing with each individual separately. Married couples and civil partners benefit from...

In any given business, a systematic process of recording, measuring, and communicating financial information and transactions should be in place. That is where the concept of accounting comes in. Accounting is essential in regulating the business cash flow, taxes, and everything else that has to do with a company’s finances. If...

The importance of forward planning At some point you will want to stop working in your business and either sell up – in which case business exit planning is a crucial element of your financial strategy, and could make all the difference to your long-term personal...

How can i pay companies house penalties?    You can pay companies house your penalty by cheque, bank transfer (known as BACS) or by credit/debit card. Paying by Cheque You should make it payable to Companies House, with your company name and number on the reverse of the cheque....

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