24th October 2023
When your company is formed, Companies House will send you a letter with your authentication code shortly after. This will be sent to the Registered Office […]
4th October 2023
Choosing where to categorise your tax payment in Xero is something that business owners often get confused about. Some taxes (such as PAYE and VAT) are […]
19th January 2023
Trivial Benefits are gifts, or benefits, given to employees of a Limited Company that have a value of up to £50. There are several conditions applied […]
27th September 2022
In your first year as a limited company, you will have two corporation tax returns to prepare and submit. This is because a Corporation Tax period […]
27th September 2022
When we prepare a set of accounts, we will always ask you for bank statements. In fact, when we ask this question, we are requesting bank […]
7th March 2021
The Flat Rate Scheme for VAT has been designed for small businesses to reduce the admin burden. Eligibility To partake in the Flat Rate Scheme, you […]
3rd September 2020
A Companies House authentication code is required to file accounts and a confirmation statement, and make changes to the Company. This is a code made up […]
10th July 2020
If you sell digital services (such as downloadable documents, training courses etc) through your own website/shop to individuals in the EU (non-UK) you must register for […]
10th July 2020
In the UK, the VAT threshold is currently set at £85,000 (for the 22-23 tax year). This means that if your taxable turnover in a rolling […]