UK tax system going through a change: Making Tax Digital for VAT
The UK government and HMRC have the ambition to become one of the most digitally advanced tax administrations in the world. As of today, every individual and business in UK…
When does your UK company need a Certificate of Good Standing?
In our last blog post, we covered the meaning of the Certificate of incorporation. In some cases, another document is needed and in this article, we briefly cover what is…
Does my company need the certificate of incorporation and where to get one?
A certificate of incorporation is a document that is issued to a UK company when it is registered with Companies House. This certificate confirms that a business has been incorporated…
How to close your UK company?
If you have a company in UK and you want to strike it off, there are some things to be taken care of first. Here is a brief overview of…
Changes in anti-money laundering measures
From the 26th of June 2017 companies in the UK will no longer update their PSC information annually via the Confirmation Statement.
Calculating holiday pay in UK
Most workers who work a 5-day week must receive 28 days paid annual leave per year (5 days x 5.6 weeks = 28 days).
Does my UK company need an Employer Reference Number?
You do not have to apply for an Employer Reference Number (EPN), but it is given to every business that registers with HM Revenue and Customs as an employer.
Avoid unnecessary fees for your international transactions with Wise Borderless account
Usually bank accounts only work properly in one country and one currency. Wise has launched its borderless bank account that promises to work across countries without charging international transfer fees.
Actions connected to a dormant company
In the following article, we explain what a dormant company is, how to make a company dormant or change it back to active and the advantages of a dormant company.
Appointing a new director for a private limited company
It might happen that after some time after the company has been incorporated you want to appoint a new director or directors.