Limited company - Concept Accountancy

Sep 25

Should I have a business savings account?

By Mark Advice, Cash flow, Limited company

Many small business owners overlook the need for a business savings account. Some owners they think they should keep every penny in their current account. But having a business savings…

Sep 25

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What is business compliance?

By Mark Advice, Limited company, Tax

When you own a limited company in the UK, you need to understand business compliance. It doesn’t matter if you’re the sole director of your company or one of a…

Sep 25

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How to close your limited company

By Mark Advice, Limited company

Whether you’re retiring, returning to full-time employment, switching to be a sole trader or looking for a change, do you know how to close your limited company? There are many…

Sep 25

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Should you still use petty cash?

By Mark Advice, Limited company, Self-employed

Cash might be king but in the days of digital some business owners wonder, ‘Should I still use petty cash?’ With the ease of card and mobile transactions, you’d be…

May 18

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When can I use Business Asset Disposal Relief?

By Mark Advice, Company Directors, Limited company, Tax

Business Asset Disposal Relief is a kind of tax relief which allows company directors reduce Capital Gains Tax after disposing of an asset. Capital Gains Tax (or CGT) is a…

Sep 25

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Lending money to your limited company

By Mark Advice, Company Directors, Limited company

As inflation and other costs rise, running a business is more costly so lending money to your limited company might be worth considering. If you need new equipment or the…

Jun 25

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What is a CS01 or Confirmation Statement?

By Mark Advice, Company Directors, Limited company

Running a business involves lots of paperwork – including filing legal documents, such as the CS01 or Confirmation Statement. And while it’s not the most exciting way to spend your…

Sep 25

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6 accounting tips for small limited companies

By Mark Advice, Company Directors, Limited company, Uncategorized

Around four million limited companies are registered in the UK. In Tyne and Wear, latest figures show that 7,838 companies were formed last year – with the most being incorporated…

Sep 23

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What happens if I don’t register to VAT?

By Mark Advice, Company Directors, Limited company, Tax

VAT must be paid on certain goods and services – which we’ve looked at before – but some people ask: What happens if you don’t register for VAT? You must register for…

Sep 23

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Do directors need to fill in self assessment forms?

By Mark Advice, Company Directors, Limited company, Self-assessment

There is often confusion around whether directors need to fill in self assessment forms. The simple answer is it depends! That may not appear to be helpful, but it really…

Limited company22

Should I have a business savings account?

What is business compliance?

How to close your limited company

Should you still use petty cash?

When can I use Business Asset Disposal Relief?

Lending money to your limited company

What is a CS01 or Confirmation Statement?

6 accounting tips for small limited companies

What happens if I don’t register to VAT?

Do directors need to fill in self assessment forms?

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