Guide to Business Tax in the UK
Tax does not get simpler the more you earn, but it does get considerably easier to manage once you know what you are dealing with. This article runs through the […]
UK Dividend Tax: Rates, Allowances and How to Pay Yourself
Paying yourself in dividends remains one of the most common ways for limited company directors to take money out of their business. The tax rules are straightforward once you understand
How Much Tax Do UK Limited Companies Pay?
UK limited companies pay several different types of taxes. Corporation tax on profits is the most visible, but employers’ National Insurance, business rates, VAT and the taxes payable when profit
Everything You Need To Know About Corporation Tax In The UK
Corporation tax is one of the most significant financial obligations facing any UK limited company. Every company that trades or generates profit must deal with it, and getting to grips
What Is a Company Statement of Financial Position?
A company’s ‘statement of financial position’ is an important document that must be prepared and submitted with a company’s financial reporting; it used to be called the ‘balance sheet’. It
A Guide to Self Assessment for Limited Company Owners and Directors
‘Self assessment’ is the system HMRC uses to collect income tax from individuals whose income is not fully taxed at source (i.e. those who are self-employed). For directors and shareholders
What Is a Company’s Memorandum and Articles of Association?
Every UK limited company is formed with two key documents in place: the memorandum of association and the articles of association. One records the fact that the company was created.
How to Complete a UK Company Formation Application: Step-by-Step Guide
Setting up a limited company in the United Kingdom can be remarkably fast, but only if the company formation application is completed correctly the first time. Even small errors at
UK Company Formation Application: Step-by-Step Video Guide
This short video walks you through the online UK company formation application on our website, screen by screen. We explain how to choose your company name and SIC codes, select
What Is VAT and How Does It Work?
‘Value Added Tax’, better known as VAT, is a form of tax charged on the sale of most (but not all) goods and services. Understanding what VAT is and how