PAYE was first introduced over 70 years ago and the move to Real Time Information (RTI) is the biggest change to reporting taxpayer information to HMRC since it was started. The latest changes have been implemented to provide up-to-date information to HMRC instead of filing returns at the end of the financial year. It is [...]
Many business owners register and operate more than one limited company. This can be for several reasons including company name protection, establishing a group of companies, managing different business activities etc. One reason you should not form a second company is to evade tax or to artificially separate business activities to avoid registering for VAT. [...]
Within a few weeks of starting a business, you are likely to face many new challenges. There are responsibilities you may not have considered or may have planned to deal with at a later date. Before long these jobs have to be tackled and trying to complete them yourself may be a false economy in [...]
Accountants provide advice on a wide range of subjects and help to prepare company accounts and financial statements. HMRC allow your company to claim a tax deduction for some of the fees that your accountant will charge. Your accountant may have helped you to set up your company, you may have received advice on the [...]
