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 [...]
