An Usufruct Could Save You Money
Is it possible that something called a “usufruct” could save you money? This is a little known part of civil law that is worth knowing if you own property. If you (or a member of your family) owns property, you may find a usufruct could save you money. In this article, we’ll explain how it… View Article
How to Incorporate a Company – What You Must Know
Incorporating or setting up a company in the UK is usually a fairly straightforward process. However, before you start, you should consider the following: A name for your company; A registered UK address; At least one Director (need not exclusively be a UK citizen); At least one Shareholder – which can either be an individual… View Article
Sole Trader or Company – Which is the Right Vehicle?
At a glance, a sole trader business structure or vehicle is relatively less expensive to set up and maintain, and it gives you better autonomy when making decisions. A company structure, on the other hand, means you have limited liability and you can bring in shareholders. Before anything else, we should understand the understand distinction… View Article
Partnership or LLP – Which is the Right Vehicle?
For the majority of organisations, choosing a business vehicle comes down to either Partnership or LLP (limited liability). But as an organisational head or owner, how do you know which business vehicle is right for you? How to choose between Partnership and LLP The right business vehicle for you can be narrowed down to both… View Article
Do I Need To Hire An Accountant?
The decision to hire an accountant is one that all business owners face. A good accountant can make or break your business. It can be hard to know when to hire an accountant. If your business has just started, you can probably manage to do the books yourself. But there will come a point where… View Article
Chancellor Rishi Sunak’s July 2020 “Mini Budget”
Chancellor Rishi Sunak presented his so-called “mini budget” to Parliament on 8th July 2020 in response to the extraordinary demands being placed on the British economy as a result of the Coronavirus pandemic. The mini budget is in itself a bold response to the Coronavirus crisis and seems to indicate an effective end to austerity… View Article