Advice - Concept Accountancy

Aug 14

What’s the difference between directors and shareholders?

By Mark Advice, Limited company, Useful articles

Directors and shareholders are an important part of any company limited by shares. The two have distinct roles, however, and are not the same. Broadly speaking, the main difference is…

Aug 14

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HMRC sends warning about ‘tax refund companies’

By Mark Advice, HMRC

Tax refund companies who make refund claims on your behalf are at the centre of a warning by HMRC. HM Revenue and Customs this month launched a campaign to raise…

Aug 14

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Is buying a franchise a good idea?

By Mark Advice, Hacks, Useful articles

If you’re considering buying a franchise there are a number of pros and cons. According to the findings of a study released earlier this year, franchises are becoming increasingly popular.…

Jun 14

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What are mergers and acquisitions?

By Mark Advice, Company Directors, Useful articles

Mergers and acquisitions happen regularly in business with figures released last month showing 367 took place between October and December 2023 alone. These strategies allow a business to expand into…

Jun 14

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Can sole traders employ people?

By Mark Advice, Self-employed, Useful articles

If you’re self-employed you may wonder if it’s possible for sole traders to employ people. The short answer is that they can. It’s quite rare for sole traders to employ…

Sep 23

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Companies House changes you need to know about

By Mark Advice, Company Directors, Company news, Limited company, News

Companies House has made changes that all small and micro businesses must be aware of. From 3 March 2024, the first measures of the Economic Crime and Corporate Transparency Act…

Sep 23

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What’s different about Accountants and Chartered Accountants?

By Mark Advice, Useful articles

Did you know that there’s a difference between Accountants and Chartered Accountants?Small business owners might not realise there is a difference, but it’s worth finding out what that is. It’s…

Sep 23

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Does my business need a financial audit?

By Mark Advice, Hacks, Limited company

Most small limited companies do not need to complete a statutory financial audit. But there may be times when an audit can help small businesses. Normally, SMEs in the UK…

Jun 24

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How do I go from sole trader to limited company?

By Mark Advice, Limited company

Many business directors start out as a freelancer or contractor and then make the switch from sole trader to limited company! According to the latest statistics, sole traders make up…

Sep 23

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What to do if my business makes a loss

By Mark Advice, Company Directors

As a busy business owner it is easy to lose sight of your business’s health – but what if your business makes a loss? No one starts a business to…

Advice114

What’s the difference between directors and shareholders?

HMRC sends warning about ‘tax refund companies’

Is buying a franchise a good idea?

What are mergers and acquisitions?

Can sole traders employ people?

Companies House changes you need to know about

What’s different about Accountants and Chartered Accountants?

Does my business need a financial audit?

How do I go from sole trader to limited company?

What to do if my business makes a loss

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