When you register a limited company at Companies House, the business becomes a legal entity. Therefore it can be sold just like any other form of property. Unless the business is dissolved, it will continue to exist regardless of what the owners do. If you are the sole director of a company, then you can…
The budget is something that many people worry about, but if you have a small business, we can answer all of your questions here. The coronavirus has got everyone talking and panicking, but we can help you with what you need to know about when it comes to your business. SSP and the Government SSP…
HMRC collects billions of pounds every year because some businesses continuously miss deadlines, don’t follow the rules, and think that they will get away with it. The majority of investigations are conducted on individuals, sole traders, and small businesses. Smaller businesses tend to have fewer resources to spend on lawyers and advisors, and often don’t…
Having an additional job or a side hustle is becoming increasingly popular in the UK. More people than ever are opting to do something else on top of their day job to make more money. And why not? After all, money makes the world go round. If you already have a side hustle, or if…
Employing staff is a big deal, and it puts a lot of pressure on you as a business owner. There are advantages and disadvantages, but there are also many legal obligations that you should be aware of. If you don’t follow certain rules, you could end up with a hefty fine to pay. Here’s everything…
More and more accountants are moving to online accountancy to adapt to the digital era. If you aren’t sure about the ins and outs of online accountancy, then fear not as this blog has everything you need to know. The Basics Online accountancy is often called ‘cloud accounting’, and it’s the practice of managing your…
Almost one million people missed the 2020 tax deadline, and HMRC has accumulated close to £100m in immediate fines. Around twelve million people were expected to file a tax return, and 700,000 of them waited until the deadline day to do it. It is a significant improvement on last year when over a million people…
Being self-employed has many perks, but it also comes with a lot of responsibility. This is especially true if you deal with client contracts. It is crucial that you understand the legal obligation towards your client and vice versa. Making sure that you have a high-quality, fool-proof contract with help things run smoothly, and it…
Starting a new company can be stressful, but it can also be rather complicated, especially when it comes to the legal side of things. Not keeping on top of the legalities is one of the main reasons for businesses failing. We’ve put together a list of the main legal mistakes made so that you can…
With the end of the tax year looming, many business owners are in a mad panic to ensure that they have squeezed every last drop out of their various tax allowances, and we don’t blame them! However, rather than making tax-saving a last-minute mad rush, take your time and plan ahead. Here are our top…