ELECTION ON 8TH JUNE – WHAT’S IN THE MANIFESTOS? The decision to call a snap General election on 8th June caught many of us by surprise. The various political parties have been rushing out their manifestos making all sorts of promises if elected. These documents are becoming increasingly important. Bringing in measures contrary to a […]

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If you are starting out as a new limited company, you will need an appropriate company name.  Here is a guide to choosing the right name, detailing the regulations put in place by Companies House. A guide to naming your limited company Choose a name that sounds professional and matches your type of business. Remember […]

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Are you part of a limited company distributing dividends to shareholders?  If so, there may come a time when one or more shareholders choose to wave their rights to their share.  Although this is perfectly acceptable, there are steps to follow so that HMRC does not view the waiver as tax avoidance. How does a […]

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Hiring your first employee is a huge step for a company.  You are not only sharing the responsibility of your business with another person, but you need to be aware of your duties and legal obligations as an employer. Here is a checklist to follow throughout the process: Applicant checks Does your new employee have […]

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U-TURN ON SELF-EMPLOYED NICs – FOR NOW In his first Budget on 8th March, the new Chancellor Phillip Hammond announced that he would level the playing field between employees and the self-employed by increasing Class 4 National Insurance Contributions (NICs) from 9% to 10% from 6 April 2018 and then to 11% from 6 April […]

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Do you need cash to get your business off the ground?  Or are you seeking funds to support a growing business?  This article looks at where small business owners find the funds to get going, or to expand their existing business. Grants In the UK there are many grants available to small start-up businesses.  It’s […]

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As the director of a limited company you are required to follow regulations with regards to displaying company information to members of the public.  As stipulated by The Companies Act 2006, limited companies are required to display the company name at their business addresses.  This article will detail where company signage should be displayed and […]

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TAX FREE DIVIDEND ALLOWANCE TO BE REDUCED TO £2,000 The Chancellor also announced measures to limit the rise in tax-driven incorporation. The £5,000 tax free dividend allowance introduced by George Osborne will be reduced to just £2,000 from 6 April 2018. Mr Hammond claimed that many smaller owner-managed businesses have incorporated as limited companies mainly […]

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When promoting business accounts, many banks offer a free banking period to new customers.  Once this ends, normal transactions fees apply.  Make sure you get the best long-term deal for your business. Free banking period Larger high street banks are keen to enter into a lifelong business banking relationship and most people don’t bother changing […]

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NEW RULES FOR IR35 WORKERS IN THE PUBLIC SECTOR START 6 APRIL 2017 There are significant changes that commence on 6 April 2017 for workers in the public sector supplying their services via their own personal service companies or other intermediaries. From 6 April 2017 the public sector employer or agency that engages the worker […]

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