A common question that we’re often asked is, “What date should my accounts be made up to?” It’s a very important question, as a company sending its accounts will get an automatic fine. In this post we will try to… Read More ›
Limited Liability Partnership
Getting Started – Sole Trader or Limited Company
Most people starting out in business would register as a sole trader and away they went. Today, it’s easier than ever to register a limited company, so which is right for you? There are benefits to each, so let’s explore… Read More ›
Preparing your first set of limited Company Accounts.
What to know when preparing your first set of Limited Company Accounts. It can certainly be difficult completing and filing your first set of accounts if you haven’t done it before. The bit with companies House is straight forward as their… Read More ›
Role of every LLP Member and Legal Documents that must be filed
Every LLP and each individual member must make self-assessment tax returns every year to HM Revenue & Customs (HMRC). For individual members this will be in the form of a personal tax return. For the LLP itself, it will be… Read More ›
Limited partnership Vs limited liability partnership
Limited partnership Vs limited liability partnership Your liability for business debt differs depending on whether you’re a limited partnership or limited liability partnership (LLP). You can share all the business’s profits between the partners. Each partner pays tax on their… Read More ›