Intra-Community supplies (ICS)

Intra-Community supplies (ICS)

So, you’re looking to grow your business by capturing more of the market share that already belongs in someone else’s pocket? You want better margins and higher cash flow but feel like it is just not happening fast enough…for some reason. Maybe because while everyone else seems satisfied with their current numbers there are so … Read more

A guide to Limited Liability Partnerships (LLPs)

A guide to Limited Liability Partnerships (LLPs)

Limited Liability Partnerships (LLPs) are a legal business structure used for the types of professions that normally operate as partnerships, such as solicitors and accountancy firms. They provide reduced financial liability or ‘limited’ to each LLP member with additional features like tax breaks on profits shared within the company when compared side by side against … Read more

How to protect a business name

How to protect a business name

A company’s name is crucial in setting it apart from the competition and attracting clients. With so many business owners using similar sounding names, companies have started to protect their chosen domain with Limited Liability Companies or Ltds for short (1). The first step towards protecting your valuable brand equity begins by researching which type … Read more

What is a company shareholder?

What is a company shareholder?

Shareholders are the backbone of any company that has limited liability. They make up its ownership, and thus hold all power in deciding what happens with it – from major decisions like whether or not to expand into new markets; down every detail including how many hours per week each employee should work (or if … Read more

Import One Stop Shop (IOSS)

Import One Stop Shop (IOSS)

With the new eCommerce package, changes were introduced to how Value-Added Tax (VAT) due on certain imported goods can be accounted for. As part of these changes and in order that businesses are able to properly account for their tax obligations, an Import One Stop Shop has been established with all necessary services available through … Read more

What does it mean to be a limited company?

What does it mean to be a limited company?

Limited companies are a popular form of business structure in the UK. These businesses arrangements have been increasing over time as more people choose this type for their projects, with 2 million actively trading limited liability firms compared to around 3-and five hundred thousand sole traderages at any given moment . However it’s important not … Read more

How to register for Self Assessment

How to register for Self Assessment

There are a number of different people who need to register for Self Assessment, complete their tax returns and pay personal taxes with the money they earned in order: 1) To be able to make decisions about how that income should be used – whether it’s saving or spending some on yourself 2). In accordance … Read more