Top tips for setting up a business when still employed

Check your contract of employment Whilst not wishing to pour cold water on your entrepreneurial aspirations, it is essential that you check your contract of employment prior to commencing any new business. All too often…

Deadlines for your limited company

Running a limited company is not a walk in the park regulation wise; with ever changing tax laws the life of a limited company business owner has become more complex in recent times. So keeping…

What is a dormant company?

I regularly see the term dormant company used incorrectly. Things like: “Can I declare my company dormant?” “I have a few transactions but want to file dormant accounts” Unfortunately the term “dormant” is often misused…

How to pay your corporation tax

  Your Reference To be able to pay your corporation tax you’ll need your 17-character Corporation Tax payslip reference for the accounting period you’re paying. The reference number will be on the pay slip sent…

Dividend Voucher and Board Minute

  When you take money out of your Limited Company as a Dividend formalities should be followed which means producing a dividend voucher and Board Meeting Minute. The following is a suggested format for a…