A Year in the Life of a Limited Company
So, you’ve decided to register a limited company but what exactly does this mean and what are the next steps to get up and running? In this post we will walk you through the first year of your limited company, from registration to filing your first set of accounts. Company...
Read more5 tips to reviewing your business ready for the New Year
2023 is almost over, but are you and your business ready for 2024? As a small business owner, I’m sure you’ve consider completing an end of year review. For many, this can feel like a chore, but we know that come the new year, yule (😊) not regret it. So,...
Read moreBookkeeping for your business
For many people, keeping track of their business finances can be the most tedious part of running a company, but understanding the basics is essential to becoming a success. With a little time and effort each week, you can stay on top of your bookkeeping. In this post we hope...
Read moreCIS… what is this and how do I stay compliant?
If you work in the construction industry, you have probably heard the term CIS or Construction Industry Scheme, but do you know what this means or how it can affect the running of your business? In this post, we will provide you with everything you need to know to understand...
Read more5 tips and tricks to staying on top of your business admin from our partners at Walton Accountancy
Working for yourself and running your own business can be fun and rewarding, but it also comes with its own hurdles. For most people, the biggest hurdle can be staying on top of your business admin. We understand no one wants to spend hours sending invoices, bookkeeping, responding to emails;...
Read moreCreating a business plan - Where do I start?
So, you have a business idea but what do you do next? Easy, simply write a business plan… but what is a business plan and how do you write one? In this post we aim to help demystify what a business plan is and how you can write one. What...
Read moreDo I need to register my limited company for VAT?
One of the most frequently asked question we receive is, can you register my company for VAT? But really a better question would be, should I register my company for VAT? So, what is VAT? VAT or Value Added Tax is a tax on consumers which is added to...
Read moreDoes my limited company need a payroll?
You’ve just set up a limited company and everyone is offering advice on the best set up or tips and tricks on how to run it. This includes advice on running a payroll. Here we’ve tried to explain some of the benefits and things to consider before deciding on the...
Read moreChanges to corporation tax how will this affect you?
You may be aware that from the first of April 2023 HMRC have made some changes to the corporation tax rates and how it is calculated. These changes are a little more complex than just an increase in the rates, so we wanted to simplify the changes for all our...
Read moreDirector and shareholder what’s the difference?
You’ve decided it’s time to register a limited company and now you’re being asked for director and shareholders details, but who should you appoint and what is the difference? In a nutshell the shareholders of a company are the people or corporations who own the company. While the director is...
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