End of Year Taxes
How To File Your Company End-of-Year Accounts For The First Time

If you have recently setup a new limited company or are thinking of doing so, then one of the areas that you need to be aware of is the accounts and tax filing regime for companies. After the end of its first financial year, a private limited company must prepare annual accounts (often referred to… View Article

Equity Crowdfunding
How Does Equity Crowdfunding Work? All You Need to Know

In this article, we uncover the ins and outs of equity crowdfunding and the key considerations and regulations to keep in mind. Equity funding is used to help businesses raise funds by selling shares to an investor in exchange for a cash investment. This means that the business receives the money it needs to grow… View Article

Setting up a Trust for Inheritance Tax Cut
Why You Should Set Up a Trust To Cut Inheritance Tax

Inheritance Tax (IHT) is levied on a person’s estate when they die and can also be payable during a person’s lifetime on certain trusts and gifts. The rate of IHT payable is currently 40% on death and 20% on lifetime gifts. There is a nil rate band, £325,000, below which no IHT is payable. A… View Article

Tax Relief for Business Owners
The Best Tax-Efficient Options To Pay Yourself As A Business Owner

Most director shareholders want to ensure that they pay the combined lowest rate of tax possible when extracting money from their companies. For many years, director shareholders have followed a high dividend low salary extraction strategy to pay themselves in the most tax-efficient manner. The dividend changes that came into effect in April 2016 made… View Article

Work from home
Chancellor Warns Businesses to Keep Offices – But Remote Working Is Here to Stay

Despite the UK’s ‘work from home’ guidance likely to come to an end in late June, it seems the horse has now bolted for reluctant employers.  It’s fair to say there has been a growing demand for remote working over the past decade. With VPNs, full-fibre internet and tools such as Zoom & Slack becoming… View Article

Share Capital
What Is a Share Capital Reduction & Its Process? – All You Need To Know

Share Capital is money invested in the company by shareholders and investors. In a Private Limited Company, the Share Capital will usually be put into the company by the owners. For a Public Limited Company, the Share Capital can also be made up of capital invested by members of the public. The owners will likely… View Article