Is a Director an Employee of a Company?
There are several ways in which to run your own business. How to run a business You may be a sole trader. In this situation you trade as an individual […]
What is a “Return of Allotment of Shares”?
If your company has made the decision to allot new shares, you will need to complete and send a “Return of Allotment of Shares” form to HMRC. Allotting new shares
What are Memorandum and Articles of Association?
A Memorandum of Association (Memorandum) and Articles of Association (Articles) form the essential documents required when incorporating a company. One must prepare these documents to comply with the Companies Act
What type of company information is available on public record?
If you own a UK business then you may have considered setting it up as a limited company. Limited liability is a type of legal structure which means that any
What is PAYE?
Take a look at any recent payslip and you’ll see some PAYE deductions that have been taken automatically. While everyone who is employed by a business will be subject to
What are the advantages and disadvantages of registering for VAT?
Registering for VAT sounds like a business headache, conjuring up images of complex and unending paperwork. In this article, we will look at all the pros and cons associated with
The Principles of the GDPR
In June 2021 the European Union (EU) granted adequacy to the UK in relation to data protection. This means the European Commission is confident that the UK has adequate policies
Everything You Need To Know About Issuing New Shares And Share Transfers
Shares, like money, can readily change hands and be reissued. They are the lifeblood of a company, and it is by issuing and transferring shares that companies can bring aboard
Limited Liability Partnerships: An Overview
A Limited Liability Partnership (LLP) is a relatively new and unique form of legal entity in the United Kingdom. It has gained popularity as an alternative corporate vehicle suitable for
How do I get my Unique Tax Reference?
When you formed your new limited company, you would have received a company’s Unique Tax Reference (UTR) from HMRC. This reference identifies your company for tax purposes. A letter would