Category Archives: Limited Company

How do I take cash out of my limited company?

You’ve got your new company up and running and you’ve started trading, but how do you take cash out of your limited company?   The golden rule to remember is that the company is not yours, it’s a separate legal entity to you, and you are effectively an employee, as a director. Equally if you’re […]

What is a confirmation statement?

confirmation statement

A confirmation statement is a document that limited companies and limited liability partnerships (LLPs) in the United Kingdom must file annually with Companies House. Let’s find out more about it, and how it works. What do you have to include? The confirmation statement contains information about the company, including its registered office address names and […]

Can I claim Christmas gifts to customers as a business expense?

This is a timely question, which we’ve been asked about a lot recently. You want to buy Christmas gifts for your customers and suppliers, but can you claim the gifts as a business expense? If you’re wondering about gifts for employees, check out our blog on Trivial Benefits – which covers the rules around payments […]

How to Do Your Companies House ID Verification

companies house id verification - how to do it yourself

You’ve probably noticed one of the recent emails from Companies House about identity checks. If you’re a director, PSC (Person with Significant Control), or someone who files on behalf of a company, this affects you. Here’s the latest guidance, and exactly what you need to do, without paying for services you don’t need. What Has […]

How Much Is My Business Worth? (And When Should I Find Out?)

Have you ever asked yourself, “What’s my business actually worth?” You’re not alone. Whether you’re thinking about selling one day, bringing in a new partner, or just curious about your progress, it’s a smart question to ask. And as accountants who work with business owners every day, we’re here to make it simple. In this […]

Do I need a limited company?

limited companies

Your mate Tom down the pub said you need a limited company, and it’s got you thinking. Do you need a limited company?   Well it’s a loaded question, as there is so much to think about. You need advice from your accountant tailored specifically to you, but let’s go through the basics, which will […]

what are my responsibilities as a company director

tax insurance

You have made the leap to set up your limited company! How exciting! The day you receive your incorporation certificate is a pivotal moment! But what do you have to do now? What are you responsible for, and when? This isn’t something to be taken lightly, as you have legal responsibilities now as a director. Your […]

How much does an accountant cost?

You’re looking for your first accountant, or for a new accountant, but how do you work out how much an accountant costs? It’s confusing You’ve spoken to accountants, and heard experiences from your friends, and quite frankly it’s confusing, and you’re afraid of big bills and nasty surprises. But it doesn’t have to be this […]