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Should you be a sole trader or a limited company? 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.
How do I register my side-hustle with Companies House? According to the Office for National Statistics company registration numbers for the latter part of 2020 ‘soared’ when compared to 2019 figures. And it’s no surprise.
What is the Companies House PROOF service? Last Updated: 25/03/2021 The PROOF (PROtected Online Filing) scheme is a free service provided by Companies House that helps protect your company from fraud. Registering your company for PROOF means that Companies House stop accepting paper forms (appointment changes, change of registered office, company name change etc) for your company.
Startup Story with Christian from Little Futures You never know when inspiration is going to strike. In the latest of our series of interviews with entrepreneurs, we speak with Christian Sellars, the co-founder of Little Futures.
What’s the difference between a Confirmation Statement and an Annual Account? Undoubtedly one of the most common queries that we get here at Company Formation MadeSimple is about what the difference between two very important filing obligations are for a limited company. These are Confirmation Statements and Annual Accounts.
How to claim business expenses as a limited company or sole trader There’s a lot to think about when you’re self-employed: managing your workload, balancing the books, looking for new work. Understanding which business expenses you claim as a sole trader or a limited company, though, needn’t be on that list.
The Companies House status says my company is ‘Active’ – what does this mean? When you form a limited company your company is placed on the Companies House register (Companies House are the UK’s registrar of companies). In this post we’re going to look at the ‘Status’ field on the register and explain why your company may have an ‘Active’ status.
How to start your own architecture firm: a practical guide The likes of Foster & Partners and BDP might dominate the industry press, but it’s actually thousands of sole practitioner and boutique studios dotted across the country that form the bedrock of the UK’s architectural profession.
Yes it can. The Standard Industrial Classification (SIC) code is a five digit number that categorises a company’s nature of business.
Being the director of a limited company comes with many rewards, one of which is being in charge of your salary. But how exactly do you pay yourself as a company director?
Our practical guide to starting your home florist business Few businesses are more rewarding for your creativity than arranging stunning bouquets. Best of all, floristry is the kind of small business you can easily run online, from the comfort of your own home.
Starting up your own clothing line? Here’s why you need to trademark it If you’re starting up your own clothing line, you’ll have put hours and hours into designing, creating and branding your products. And as any experienced clothing line entrepreneur will tell you, it’s imperative to consider trademarking your products.