Directors – be aware of new Companies House rules in 2024
Companies House is implementing sweeping reforms to clamp down on financial crime and improve corporate transparency. How are limited companies affected?
Setting up accounts for a sole trader – a beginner’s guide
If you start a business as a sole trader, you need to set up an accounting system to record your income and expenses, and work out how much tax to pay.
How much has the April 2023 Corporation Tax rise cost you?
How does the post-April 2023 Corporation Tax (CT) regime work, and how much more tax small limited companies now pay as a result of the tax rise?
How to set up in business as a partnership in 2024
How to set up and run a business partnership - including legal considerations, how to choose a name, register the partnership with HMRC and pay taxes.
10 common self-assessment tax return mistakes and how to avoid them
If you're self-employed or a company director, you must file a yearly tax return. If you make errors, miss the deadline, or withhold any information, HMRC could penalise you. With…
How to register as self employed with HMRC – the key steps
Once you decide to become self employed, you can start trading right away. Here we explain how to register your new business with HMRC.
10 essential tax tips for small business owners
Tax isn't the most exciting part of running your own business, but it is an issue that you will have to tackle at some point. To help you to quickly…
What is a dormant limited company?
A dormant company is a standard limited company that doesn't trade and has no accounting transactions. There are two main situations where owning a dormant limited company can be useful.
What is ‘turnover’ and how do you calculate it?
Turnover is one key indicator and profit another although the two are not be confused. Our quick guide will explain exactly what turnover is, why it matters, and how to differentiate it from profit.
10 Value Added Tax (VAT) tips for small business owners
Here are 10 tips to help you keep on top of your VAT responsibilities as a small business owner. From choosing the right VAT scheme in the first place, to filing your quarterly returns on time.