The words “Self Assessment” tend to send a shiver down the spines of sole traders and limited company directors. Getting yourself registered, getting your records in order, and filing with HMRC before the 31st January deadline can be a stressful task, especially if you either leave it to the last minute, or if you’ve never filed one before. Continue reading
Dropshipping (or drop-shipping) is not a new concept. However, it is a flourishing concept and one that feels intrinsically linked to the internet and in turn, eCommerce. In this post we’re going to take a quick look at what exactly dropshipping is, how dropshipping works and how you can go about setting up your own dropshipping business. Continue reading
Yes you can. The Companies House WebFiling Authentication Code is a 6 alphanumeric code that Companies House provide upon company registration (if we registered your company, you can find this by logging in and then clicking on your company name).
This is the code that enables you to carry out online filing for your company, both with Companies House and with us.
If you wish to change the code that has been allocated to your company:
- Login to the Companies House system (or register if you haven’t yet)
- Select the country that the company was registered in and then enter the company number and the current code – click “Sign In”
- Select “Company Authentication” on the left of your screen
- Enter the new code (it must be 6 characters long) twice and select “Change code”
There you go – confirmation will then be posted to your registered office address.
Don’t forget, if your company is on our system you will need to to update the code on here too. To do this:
- Select “My Companies”
- Click on your company name
- Select “Update Code” next to “WebFiling Authentication Code”
- Enter the new code and then select “Change”
We hope that you found this post helpful.
Entrepreneurship is in my blood. I have started and run everything from selling honey online to a highly successful accountancy firm in London.
If there’s one thing I know about, it’s how to run a successful business in the UK, and how to keep it going.
Here are my top 8 tips. Continue reading
The Unique Tax Reference (UTR) is a 10-digit number unique to your company that’s issued by HM Revenue and Customs (HMRC). HMRC are notified once as your company has been registered, they’ll then mail (regular mail, not email) your company’s UTR to the Registered Office normally within a few weeks of incorporation. You need not do anything, this all happens automatically once your company has been formed. Continue reading
The only way to notify Companies House about a change in your limited company’s shareholding situation is to file a confirmation statement.
Whilst the J30 stock transfer form/s should be completed and kept when the transfers take place, the confirmation statement is the actual method used to let Companies House know about the change. If a company’s confirmation statement is not due for a while and the directors are eager for Companies House to know about the new shareholding, an early confirmation statement can always be filed.
When forming a limited company it’s possible to have another company acting as any of the following: director, shareholder, person with significant control (PSC), and secretary. These are called ‘corporate appointments’. The information that you provide for a corporate appointment differs slightly from the information that you need to provide for a regular human appointment. Two terms that cause particular confusion when appointing a corporate director or corporate PSC are ‘Legal Form’ and ‘Governing Law’. In this post we’ll explain what these mean. Continue reading
The process of registering a company is a very simple one. In fact with Company Formation MadeSimple it is just 4 simple steps. It is a quick process too, normally done within 3 hours. However here at MadeSimple Group we are always looking to keep young businesses prosperous, so we want to help prepare entrepreneurs for their new venture. Continue reading
Are you in the process of becoming a ltd company?
It’s worth knowing that you can register a UK limited by shares company with just one person. This person can be a national and resident of any country (although the company’s registered office needs to be in the UK) but must be aged 16 or over.
If you are forming a company with one person they are required to fill the following roles:
• Director (the person who runs the company)
• Shareholder (the person who owns the company)
The secretary appointment is optional.
This post was brought to you by Mathew Aitken at Companies Made Simple – The Simplest Company Formation Service
When it comes to going self-employed, one of the first big decisions you’ll need to make is whether you should set up as a sole trader or a limited company. Both structures have their pros and cons, of course, and you may even find that you’ll operate within either over the course of your business life. Continue reading