What is Corporation Tax?

What is Corporation Tax?

Corporation Tax is paid on any taxable profits that your company has. You’ll need to pay Corporation Tax if you’re set up as a limited company, charity, association or society. Think of it as the equivalent to income tax. So…

 What is a Confirmation Statement?

What is a Confirmation Statement?

The Confirmation Statement is scheduled to replace the Companies House Annual Return by June 2016 and will be introduced as part of The Small Business, Enterprise and Employment Act. All incorporated companies are currently required to file an annual return that…

 What is a Certificate of Good Standing?

What is a Certificate of Good Standing?

A certificate of good standing is often referred to as a Certificate of Existence or a Certificate of Authorisation. It is used to say that a company is authorized and incorporated to conduct business in a certain state. The Certificate…

 Limited company or LLP?

Limited company or LLP?

Limited companies and LLPs share many similarities, most notably the reduced financial responsibility of the owners. However, they do have significant differences as well, namely: Capital investment opportunities. Flexibility of internal structure and members’ rights. The allocation and taxation of…

 Annual Accounts

Annual Accounts

Once you’re done registering a company and have begun trading in earnest, you’ll have to complete a number of vital, annual documents — particularly Companies UK annual accounts. Here we outline everything you need to know about a company’s annual accounts, including…

 How to set up an online business in the UK

How to set up an online business in the UK

Setting up an online business in the UK is an increasingly popular option for both start-ups and established ‘bricks-and-mortar’ retailers. With more consumers than ever before now choosing to shop online, the UK has the largest e-commerce market in Europe…