How much is it to set up a limited company?
How Much Is It to Set Up a Limited Company? A record number of businesses were established during the Covid-19 pandemic, as many people turned their dreams of launching a business into a reality. With more time on their hands due to furloughs and lockdowns, individuals across the UK seized the opportunity to pursue their…
The new Brexit VAT rules
The new Brexit VAT rules It’s highly likely that you’ve heard about the new Brexit VAT rules for imports and exports, which came into force on January 1st. But, if you haven’t, you’ve certainly landed in the right place. We have created a helpful guide outlining everything that you need to know. This new model for…
Your guide to self-assessment tax return
Your guide to self-assessment If you find the thought of filing your self-assessment tax return form a daunting prospect, you’re certainly not alone! It’s a common misconception that filling out your self assessment form is a complex process when in fact, if you are organised, prepared and understand what you need, the process can be…
Furlough Scheme Extended in Response to Latest Lockdown
Furlough Scheme Extended in Response to Latest Lockdown As England and Scotland return to a full lockdown, the Furlough Scheme has once again been extended in order to support businesses and employees who are unable to work as a result of the restrictions. The scheme was originally due to end at the end of…
How to get your accounts in order for the New Year
Get Your Accounts in Order for the New Year As we approach the end of the year, it’s safe to say that many of us will be relieved to see the back of 2020. For businesses, the challenges of the past year have been unprecedented, but as we look ahead to a new year, it’s…
What is a dividend?
What is a dividend? | 4 minute read Many people have heard of the term “dividend”, however not everyone understands what a dividend is or how it works. In simple terms, a dividend is a sum of money that a limited company pays out to someone who owns shares in the company. It is a…
Covid 19 – What is happening to the furlough scheme?
The UK Government’s Furlough Scheme: What You Need to Know The UK Government’s furlough scheme was first introduced in March 2020 to prevent mass redundancies as the Coronavirus pandemic took hold across the country. With businesses closing their doors and economic uncertainty at an all-time high, the scheme provided a vital lifeline to employees and…
What are the latest changes to Coronavirus support for businesses?
What are the latest changes to Coronavirus support for businesses? | 4 minute read Covid-19 has had a significant impact on the world’s economy and has forced many businesses to have to shut their doors to the public. And, with a second wave of the virus just getting started, businesses and employees have been…
How to keep your business finances in order
How to keep your business finances in order Running any businesses is challenging, and you’ll often find that keeping on top of your business finances can often take a back seat. After all, when your busy doing what you love and running your business, it’s easy to see how day to day bookkeeping can be…
Our guide to VAT
Our guide to VAT Here’s our VAT guide to everything you need to know about VAT for your business. What is VAT? VAT stands for Value Added Tax. This tax is applied to the sale of goods or services by companies who are registered in the UK. When a sale is made, the company adds…
How to start a limited company
How to Set Up a Limited Company: A Step-by-Step Guide If you’re embarking on a new business venture, setting up a limited company is one of the smartest and most tax-efficient ways to structure your business. A limited company offers various advantages, including personal liability protection and enhanced credibility. But what is a limited company?…
How much does it cost to close a limited company?
How much does it cost to close a limited company | 2-minute read There are various reasons why you might want to close your limited company. But it’s not simply a case of closing the doors, taking down your website, and letting your clients and customers know you’ll no longer be trading. There are also…
