Limited Companies
Engaging an accountant can provide invaluable support for established limited companies, helping directors to ensure financial stability, statutory compliance and efficient business operations.
Our hub is home to a wealth of guidance and advice covering all aspects of running a successful company, whether it is how to produce an effective business plan, dealing with all corporation tax matters, to highlighting any tax saving opportunities for directors and their businesses.
We've got you covered
How can technology drive efficiencies for my business?
With recent research showing that embracing digital tools could reduce rather than increase overall costs for Small and Medium Sized Businesses (SMBs), we look at why online accounting solutions are a...
Find out moreHow to protect yourself from tax and company filing scams
With tax scams becoming more common around Companies House filings and the self-assessment tax return filing deadline, HMRC is urging taxpayers to stay vigilant.
Find out moreWhat businesses need to know about the temporary 5% VAT rate
The Government has announced a targeted and temporary VAT cut to encourage spending and support families during the summer holidays.
Find out moreChanges at Companies House – what this means for you
The changes to the Economic Crime and Corporate Transparency Act (ECCTA) received Royal Assent on 26th October 2023 and the new powers have been introduced in stages since then.
Find out moreHow do the Companies House reforms affect my business?
The Economic Crime and Corporate Transparency Act 2023 became law on 26th October 2023 and triggered a series of Companies House reforms which affect small businesses.
Find out moreA guide to accounts and tax for new businesses
Thinking of starting a business in the UK or have you already started the process? In this guide we look at the accounting and tax essentials you need to consider when starting a new business.
Find out moreSole trader or limited company – which structure is best for my busine...
Choosing a legal structure is one of the most important decisions for a new business owner, and understanding the options can be challenging.
Find out moreCapital gains tax on second homes - what you need to know
If you own multiple properties, you need to be aware of the capital gains tax rules and reporting which may be required should you sell one of your properties.
Find out moreLinkedIn – how to make it work for your business
LinkedIn is a powerful tool for small business owners looking to build connections, attract clients, form partnerships and promote their products or services.
Find out moreFRS 102 and FRS 105 changes: What do I need to know?
FRS 102 is the key financial reporting standard for UK small and medium businesses (SMBs), with FRS 105 the key standard for micro-entities in the UK.
Find out moreTax relief on donations to charity
Donating to charity helps you support causes most important to you. It can also mean you make tax savings and using gift aid can mean the charity receives more money from your donation.
Find out moreEmployment Allowance – What is it and are you eligible?
The Employment Allowance is a valuable relief provided to eligible businesses in the UK. It enables them to reduce their annual National Insurance Contributions (NIC) bill by up to £10,500 for the tax...
Find out moreThe A to Z of income tax
Your A to Z guide to income tax in the UK. It’s short, simple and to the point.
Find out morePeople with Significant Control explained
Company directors and business owners may be aware of the need to understand and file updates on their company People with Significant Control (PSCs). But how do you identify the PSCs for your company...
Find out moreHow to reduce the impact of the April tax increases
At the start of a new tax year, it is critical to be aware of the tax changes being introduced from April 2026, so you can prepare your business and personal finances for the months ahead. We have put...
Find out moreCompanies House ID verification – dealing with non-compliance
Company directors and People with Significant Control (PSCs) must now verify their identities (IDs) to continue filing company documents with Companies House. We explain what happens if companies don’...
Find out moreHow do the new capital allowances changes affect my business?
The 2025 Budget announced two key updates to capital allowances, which apply to companies, sole traders and partnerships. These are a new first year allowance and a reduction to the main writing down...
Find out moreHow to choose your first business premises
Choosing your first premises is a major decision for small business owners. Whether it’s an office, retail unit, workshop or warehouse, the right premises can influence business success, image and cus...
Find out moreMaking Tax Digital for Income Tax: Key dates, deadlines and how to sta...
The new Making Tax Digital for Income Tax requirements are approaching quickly, but do not panic if you have not started preparing. In this article we’ll cover the essentials you need to know.
Find out moreSeven New Year’s resolutions for your business
New Year’s resolutions aren't just about personal commitments such as signing up for a gym membership or reading more books; you can make plans for your business too. Here are seven goals to consider...
Find out moreBuying commercial property: what do sole traders and limited companies...
Purchasing your own business premises could make financial and operational sense, but there is a lot to consider.
Find out moreHow to save money on your Christmas party
Although there is no specific allowance for a Christmas party, HMRC does offer companies tax relief for the cost of hosting an annual event if certain criteria are met.
Find out moreHow to prepare your business for Christmas
The Christmas period is the most profitable time of the year for many businesses, so it’s important that you start planning as early as possible. Read this guide for tips on getting your company ready...
Find out moreSole trader vs limited company – Which is better?
Choosing a business structure is one of the most important decisions a new business owner needs to make, but it can be difficult to understand your options. This guide outlines the differences between...
Find out moreDirectors – How to verify your identity for Companies House
A key change to Companies House rules is the need for certain key people within a company to verify their identities. We explain how to do this.
Find out moreSole trader vs business partnership – which one is right for you?
Have a great business idea but unsure whether to go it alone or set up alongside a friend or associate? We help you understand the pros and cons of going solo or in partnership for your business struc...
Find out moreAccounts and tax guide for the hospitality industry
The hospitality industry is a dynamic and competitive business environment for hotels, restaurants, pubs, and bars. Effective financial management is crucial for success and growth.
Find out moreHow to build personal resilience for running a business in challenging...
Read proven tips to boost your resilience and stay strong as a business owner during uncertain times.
Find out moreGovernment announces major strategy to help small businesses
The Department for Business and Trade (DBT) has published a new plan to support small businesses.
Find out moreWhat happens if you don’t repay a director’s loan account?
Directors loan accounts are an essential way to balance the financial requirements of both directors and limited companies. But what happens if a loan account is overdrawn indefinitely?
Find out moreSuccession planning for your business – why does it matter?
Thinking about how you may want to sell or pass on your business in future is important both for your finances and legacy.
Find out moreHow to deal with the impact of tariffs on your business
Tariffs are taxes imposed by a government on imports of goods into their country from another country. In this article we outline what tariffs are, how they affect small businesses and strategies to r...
Find out moreSeven common director’s loan account mistakes to avoid
It is surprisingly easy to make costly mistakes with your director’s loan account, but with the right support and preparation, you can get it right first time.
Find out moreTax tips to help make your hospitality business a success
We look at several tax tips to help your hospitality business save money, reduce risk and stay compliant.
Find out moreGuide to Capital Gains Tax for businesses
Find out everything your business needs to know about Capital Gains Tax, including how to calculate CGT, when to pay it, and what it means when you're selling a business.
Find out moreThe benefits of including R&D in your business plan
Find out the benefits of research and development for your business and how to include it in your business plan.
Find out moreHow to apply the triple bottom line framework in a small business
Triple bottom line is an approach to business that considers the impact on people and the planet, as well as generating a profit. Read our guide to how small business owners can integrate sustainabili...
Find out moreWhen should you switch accountants?
Picking the right accountant to meet your needs is vital for the health and growth of your business.
Find out moreWhy DIY accounting could be more expensive than you think
If you are a small or medium-sized businesses in the UK, doing your own accounting might seem like a smart way to save money.
Find out moreDo all accountants really offer the same services?
There's a common misconception among many business owners that all accountants offer the same services.
Find out moreHow to complete a VAT invoice
When it comes to accounting for VAT there is much to consider including keep VAT records and filing VAT returns by the deadlines. A major aspect of being a VAT registered business is VAT invoicing.
Find out moreHow to reduce your Corporation Tax bill
Running a company means making decisions to boost profits, offer good products and services and have great company culture. Alongside that, making decisions so that the company is tax-efficient and pa...
Find out moreThe most common accounting mistakes and tax errors made
Tax return mistakes and accounting errors are common and can lead to devastating consequences for you and your business. Here we provide you with tips and information on avoiding mistakes.
Find out moreCommon accounting mistakes to avoid
Accounting is a crucial part of the success of a business. Navigating this part of your business, alongside your other responsibilities can be challenging.
Find out moreCompanies House to provide option to hide residential addresses
Companies House has introduced a new form so that residential addresses do not have to be included in company details on the public register.
Find out morePurchasing a business vehicle – should you lease or buy?
Struggling to decide whether to lease or buy a business vehicle? The tax implications and other considerations can be complex. Read our guide to help you make the right choice.
Find out moreHow can sustainability benefit your business
Sustainability isn’t just good for the planet; it can be great for business. From cutting costs to attracting customers and employees, looking at how you run your business more sustainably can boost y...
Find out moreEffective ways to boost your business' profits
Running a business in the UK is a rewarding and challenging journey. One of the most significant hurdles entrepreneurs face is maintaining and increasing profitability.
Find out moreHow to know if you need to register for VAT
Unsure if you need to register for VAT? Learn the key thresholds, rules, and steps to determine if VAT registration is required for your business.
Find out moreWhat are the most cost-effective ways to purchase equipment for your b...
Looking to purchase equipment for your business? You have several options. This guide outlines what you need to consider.
Find out moreNew Companies House ID check to crack down on fraud
Companies House has released timescales for the introduction of “a new identity verification process to help deter those wishing to use companies for illegal purposes.”
Find out moreLarge businesses told to include payment reporting in their annual rep...
With the late payment of invoices having such a significant impact on small businesses, the Government is introducing a Fair Payment Code later this year to crackdown on late payments.
Find out moreEight ways to fund your small business
Finding funding can be one of the biggest challenges business owners face. In this article, we outline eight key types of finance that can be used to start and grow a business.
Find out moreTop challenges for business owners and tips to help overcome them
Business owners can face various challenges while trying to grow their business. Chasing late payments, managing deadlines and ensuring a healthy work/life balance are only some of the many plates bus...
Find out moreHow to pay yourself from your business
When there are changes to tax rates and National Insurance thresholds and rates, one of the biggest decisions you face, if you run a limited company, is how much and how to pay yourself from your busi...
Find out moreMaximising allowable expenses for limited companies
As a limited company owner, understanding, claiming and managing your allowable business expenses helps your business run efficiently and pay the right amount of tax.
Find out moreHow to write a business plan
A well-crafted business plan provides a roadmap to entrepreneurial success. Read our guide to writing a plan that meets your strategic and operational goals.
Find out moreDo you need an accountant? Here’s what you need to know
An accountant is more than someone who submits your tax return. Accountants can also be business advisers, tax planners, bookkeeping support and payroll preparers.
Find out moreSoft skills for hard results: A business owner’s guide
Soft skills, such as effective communication, decision making and people management, are an important factor in business success. Read this guide for advice on how founders can develop them.
Find out moreLimited Companies
Our limited company services offer comprehensive support to help you manage your business and personal finances. Designed to both optimise your business’ tax efficiencies and meet your compliance need...
Find out moreHow to set up your own limited company
A limited company is a type of business entity. It is designed to be legally separate from its owners, who are known as shareholders in a limited company.
Find out moreHow small businesses can deal with late payments
Late payments from customers are a frustrating obstacle to managing your business’ cash flow. Read our guide to the steps you can take to deal with overdue invoices.
Find out moreThe top metrics every business should track in 2024
Running a successful business demands sharp focus and data driven decisions. While intuition plays a role, tracking key metrics empowers you to make informed choices and unlock your business' true pot...
Find out moreYear-end tax planning tips for UK businesses
As the 2025/26 tax year draws to a close, it's crucial for UK businesses to prepare for the tax year-end to maximise efficiencies. Take a look at our UK business tax planning ideas ahead of this year...
Find out moreWhat you need to know about associated companies
From 1st April 2023, new associated company rules were introduced, replacing the old rules. We look at what has changed.
Find out moreKey dates limited companies need to know
Staying on top of key dates will ensure you stay on track, meet deadlines and avoid paying penalties and interest. We list the key dates sole traders need to be aware of in this concise guide.
Find out moreFive questions you should ask your accountant
As a business owner you want your business to be a success and so should your accountant. The relationship with your accountant is important. They are offering a service and you should be satisfied th...
Find out moreHow to protect your business
In this guide, we look at financial health, legal protection, cyber security, and more. It offers strategies to help UK business owners strengthen their enterprises against any challenges they may fac...
Find out moreA guide to UK company formation
The UK offers countless opportunities for entrepreneurs. But how do you form a company? This guide explains the steps you need to take.
Find out moreA guide to paying Corporation Tax
Corporation tax is the tax paid by incorporated businesses in the UK, the rates changed from 1st April 2023 with the main rate of corporation tax now 25%.
Find out moreHow to boost your business’ productivity
A productive business is an efficient and profitable business. Read these tips for how you can improve your productivity.
Find out moreHow businesses, landlords and homeowners can cope with rising interest...
With the UK’s interest rates at a record high, what can business owners, landlords and homeowners do to deal with the impact?
Find out moreHow to write an invoice
Writing an effective invoice is important for ensuring you get paid on time for the goods or services you have provided. This guide outlines how to do it.
Find out moreThe benefits and risks of artificial intelligence for small businesses
The launch of ChatGPT has led to huge global interest in the power of artificial intelligence. But how can it benefit businesses and what are the potential risks? Read our guide to find out.
Find out moreBusiness grants you can apply for now
Grants can be a powerful way for businesses to access funding as it’s money you don’t have to pay back. Schemes can be hard to track down though, so read our guide to grants you can currently apply fo...
Find out moreA guide to market research and competitor analysis for your business
Understanding the market your business serves will help you to successfully launch your new venture and build success over time. This guide highlights factors to consider and actions to take.
Find out moreGet ready for the April 2023 corporation tax rate increases
A significant rise in corporation tax is due to come into effect from April 2023, we explain what it means for your business.
Find out moreHow do I find the right accountant for my business?
Choosing the right accountant for your business is one of the most important decisions you will make as a business owner.
Find out moreA guide to financial key performance indicators for businesses
You can use key performance indicators (KPIs) to measure the growth and financial health of your business. Read our guide to KPIs and how to choose what to track for your company.
Find out moreA guide to cyber security for small businesses
Any business and individual could be targeted by cyber criminals, but there are various steps you can take to protect you and your business and minimise the risks.
Find out moreHow to plan ahead with your business
During these challenging times, many small businesses in the UK are having to adapt to secure their future. Read our tips for how you can plan for the months ahead.
Find out moreGuide to corporation tax for limited companies
If you are running a limited company, profits are subject to corporation tax. We uncover everything you need to know, from corporation tax rates to tax return filing and payment deadlines.
Find out moreWhy every business should have a cash flow forecast and how to build o...
A cash flow forecast is one of the most useful financial tools a business has. However far too often it is low down on their list of priorities. Survey after survey shows that business owners do not h...
Find out moreBusiness Insights
A complete range of services for all your business needs, including advanced monitoring, cash flow management and business advice.
Find out moreCapital Gains Tax
Our Capital Gains Tax Services offer you comprehensive expert advice to ensure you meet and mimimise your CGT liabilities.
Find out moreCorporation Tax
Our Corporation Tax Service is designed to offer you proactive advice and tax planning opportunities, with an efficient approach to help you to meet your company’s compliance needs.
Find out moreRead our expert answers to your Limited Companies questions
Claiming business mileage on a private car
I am employed but have to use my own car for business journeys, what can I claim?
Find out moreWhy would I buy a property through a company?
I want to expand my investment in property with a view to making it my main job. I am wondering whether setting up a company to do this would be more tax efficient. Is this true?
Find out moreContractor: Limited Company or Sole Trader?
As a Construction Industry Scheme (CIS) contractor, on top of the standard question for self-employed workers of whether to set up as a limited company or a sole trader, are there any CIS specific is...
Find out moreCan I register for VAT when I incorporate to reclaim sole trade expens...
I am presently a sole trader and not VAT registered. I am intending to incorporate and, at the same time, register for VAT. Am I able to recover any of the VAT I incurred on expenses in the sole trade...
Find out moreWill my new limited company need a new VAT number?
I currently have a VAT number as a sole trader but I am going to start trading as a limited company soon. Will the company need to apply for its own VAT number?
Find out moreIs Companies House ID verification a benefit for tax purposes?
I’m a director and my company has paid for me to verify my identity for Companies House. Is this taxable?
Find out moreHow do I calculate a Section 455 tax charge?
My director’s loan account was overdrawn for too long and now my company has to pay a Section 455 tax charge. What is this and how do I calculate it?
Find out moreCan I remove my date of birth from public records on Companies House?
I noticed that new directors at our company do not have their full date of birth included when documents are uploaded to Companies House, whereas my full date of birth is showing. Can I ask for this t...
Find out moreWill salary sacrifice save tax?
I am an employer, will I save tax if I introduce a salary sacrifice scheme for my employees?
Find out moreMy company is being struck off, what should I do?
I have a limited company and have received notice from Companies House that it is proposing to strike off my company.
Find out moreHow much is company tax?
I run my business as a limited company, how much is the corporation tax rate and how do I calculate my tax bill?
Find out moreCan I save tax by making company pension contributions?
I run my own limited company and pay myself a modest salary and also extract some of the profits via a dividend. I believe my annual taxable profits will be around £70,000 and was told I could save ta...
Find out moreHow much corporation tax should I pay?
I run my business through a limited company and make around £80,000 profit per year. I’ve heard corporation tax rates are increasing and would like to know what rate of tax I will pay moving forwards.
Find out moreWhat are the changes to company size classifications?
I have heard that the size classifications of companies between small and medium are changing. Is this correct?
Find out moreHow long do I need to keep my tax records?
Now that I’ve submitted my tax return, can I throw my documents away? I’ve got a lot of paperwork from over the years and it’d be great to have a sort out!
Find out moreCan I save tax by running my business through a limited company?
I am a sole trader plumber and am wondering if I could save tax by running my business through a limited company? My taxable profits are around £60,000, and I anticipate they will remain at around thi...
Find out moreCan a Time to Pay arrangement help my cashflow?
My business is temporarily struggling with cashflow and I’m worried I won’t be able to pay HMRC my PAYE liability this month, will HMRC help me?
Find out moreHow can I incentivise my staff on a budget?
Given the cost of living and energy crisis, I am looking at ways to incentivise my staff, but am facing cost pressures so am limited in what I can afford to pay. Can you help me develop a strategy for...
Find out moreIs a limited company the best entity for my business?
I’m starting up in business as a limited company, is this the best entity for me and can anybody access my accounts?
Find out more