Resources

— Limited Company

VAT

VAT on International Transactions

As the internet makes it increasingly easy to buy and sell goods and services abroad, overseas transactions are becoming commonplace for many of our small business clients. Here we look at how to deal with these transactions from the perspective of UK VAT.

Kieran Burge November 13, 2023

Limited Company

How to Invoice as a Limited Company

Invoicing is an essential part of running a limited company. You will need to issue an invoice to a client whenever you need to take payment following the purchase of either a service or product from your company. As the owner of a limited company, you are required by law to include several details on […]

Limited Company

Why You Need a Business Bank Account as a Limited Company

Keeping on top of your business finances is one of the most important tasks when setting up and running a business. Opening a dedicated business bank account is the first step in making the process as seamless as possible. A business bank account may appear similar to a personal account at a basic level; however, […]

Tax

Limited Company

Registering for Business Tax for Limited Companies

If you’re starting a new business as a limited company or developing your current sole trader or partnership business into a limited company in the United Kingdom, you must register for business taxes. Limited companies are subject to various taxes, and it’s important to understand your company’s tax liabilities. Limited company tax requirements can be complex and liable to change, […]

Limited Company

Limited Company Expenses Guide

Limited companies can claim a wide range of business and business-related expenses. Knowing what all these expenses are and keeping track of them can be challenging, but failure to do so can result in a company paying more corporation tax than is necessary. In challenging economic times, it makes sense to ensure that you claim […]

Limited Company

Company Directors’ Duties – A Guide to Your Legal Responsibilities

Any company that’s set up in the UK will require directors. Directors act on behalf of the company and assume a range of duties and legal responsibilities. They manage a company on a day-to-day basis, assuming responsibility for the legal entity of the company. There are different types of directors, but all share similar legal […]