Category Archives: Limited Companies

How to Pay Your Corporation Tax

How to Pay Your Corporation Tax

Paying Corporation Tax is an essential responsibility for limited companies in the UK. Here’s a step-by-step guide to help you understand how to pay your corporation tax. How to Pay Your Corporation Tax Understand Your Tax Liability Before you can pay your Corporation Tax, you need to determine how much you owe. Your tax liability […]

Limited Company Taxes

Limited Company Taxes

As a Director, understanding Limited Company taxes is pretty important. Getting to grips with your tax obligations is crucial for financial planning and compliance. Limited companies have specific tax requirements that differ from sole traders or partnerships. In this post, we’ll look into the key aspects of limited company taxes, helping you navigate this complex […]

Limited Company Accounts

Limited Company Accounts

Limited company accounts are essential financial documents that provide a snapshot of a company’s financial health. These accounts are not just a legal requirement; they also offer valuable insights into the company’s performance and stability. Limited Company Accounts Limited companies are legally required to prepare and file annual accounts with Companies House. These accounts include […]

Bookkeeping for a Limited Company

Bookkeeping for a Limited Company

Proper bookkeeping for a limited company is essential for success. As the backbone of financial management, bookkeeping ensures accurate records of your company’s transactions. Whether you’re just starting out or looking to improve your current system, mastering the basics of bookkeeping is crucial. Bookkeeping for a Limited Company To begin with, it’s important to understand […]

Reporting Requirements of a Limited Company

Reporting Requirements of a Limited Company

Understanding the reporting requirements of a limited company is crucial for Directors. Limited companies are required by law to prepare and file various documents with Companies House and HM Revenue & Customs (HMRC). These reporting requirements ensure transparency and compliance with statutory regulations. In this blog post, we’ll explore the key reporting obligations of a […]

Are Electric Cars a Company Expense?

Are Electric Cars a Company Expense?

With the shift towards greener fuels we often get asked ‘Are Electric Cars a Company Expense?’ As a business owner you may be considering transitioning to electric vehicles due to environmental concerns and potential cost savings. However, the tax treatment of electric cars can be complex. Are Electric Cars a Company Expense? Electric cars can […]

Records you need to keep for your Limited Company

Records you need to keep for your Limited Company

As a Company Director, maintaining proper records is crucial for compliance and financial clarity. Keeping accurate records ensures you meet legal requirements and helps in decision-making. Read on to find out what records you need to keep for your Limited Company Records You Need to Keep for Your Limited Company Financial Records You must keep […]

Taking Dividends from your Limited Company

Taking Dividends from your Limited Company

We often advise clients, like you, on the best ways to manage their finances within a limited company structure. One of the key considerations for you, as business owners, is how to extract profits from your company efficiently. One way to do this is by taking Dividends from your Limited Company Taking Dividends from your […]

Extracting Funds from Your Limited Company

Extracting Funds from Your Limited Company

As a director of a limited company, you may wonder how best to access funds for personal use. It’s a common query among business owners who want to balance their company’s financial health with their personal needs. Fortunately, there are several methods available for extracting funds from your limited company, each with its own implications […]

Choosing a Name for Your Limited Company

Choosing a Name for Your Limited Company

Choosing a name for your limited company is a crucial step in establishing your business identity. Your company name plays a significant role in shaping your brand and how customers perceive you. It’s essential to select a name that reflects your company’s values, vision, and the products or services you offer. Choosing a Name for […]