Many people in business move from sole trader to limited company as a natural progression when they grow after attracting more clients and customers. Statistics reveal that in 2025, more…
Taxes in the UK are at historic highs. And with a stagnant economy, it’s little wonder business owners are looking for advice about the optimum director salary in the next…
The Enterprise Management Incentive – or EMI – was one of very few items of good news for business owners in this year’s Budget. For founders and company leaders, the…
Limited companies often appoint one a Company Secretary. It is an important role but there isn’t a legal obligation to appoint one. A limited company registered after 6 April 2008…
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…
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…
When distributing profits, companies can choose to pay their shareholders in dividends. Many limited company directors pay themselves this way along with their salary. We’ve already given some advice on…
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…
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…
Small companies will soon need to be aware of profit and loss account changes thanks to new rules from Companies House. The Economic and Corporate Transparency Act means tighter regulations…