It is necessary to notify H M Revenue & Customs of your existence by completing forms CT41G (companies) or CWF1 (sole traders/partnerships). You can also telephone H M Revenue & Customs to notify self employment on 0845 915 4515. The … Continue reading →
HM Revenue & Customs (HMRC) “are here to ensure the correct tax is paid at the right time”. As explained on their site, they administer: • Capital Gains Tax • Corporation Tax • Income Tax • Inheritance Tax • National … Continue reading →
Even if you are already the leader in your industry, there will be opportunity to improve the profitability of your business. It is not always easy to achieve, but it’s certainly possible. You need a plan of attack. Specifically, you … Continue reading →
PROS • You will be able to recover VAT on your purchases. • The VAT you can recover will not just be from the date you register for VAT but will include any VAT you have suffered on goods or … Continue reading →
According to a recent report published by the International Finance Corporation and the World Bank, the UK remains one of the world’s best countries to do business ahead of both the USA and the rest of Europe. Without doubt, part … Continue reading →
Once you have completed the company formation process, it is important to ensure you register as self-employed. The definition of self employed is; a person who’s income is made by working for themselves – not by receiving a salary from … Continue reading →
