An obligation to register VAT arises when sales transactions exceed £85,000 as calculated from the beginning of a calendar year. A company can also apply for VAT number before the threshold has been reached. PAYE registration is required from the moment employees are hired.
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Limited companies registered in UK have to submit annual report to the Companies House usually within nine months of the end of the financial year. Submitting annual accounts is mandatory even if the company has no economic activity during the accounting period.
If the company does not have any current business activities and is dormant, it is still mandatory to file certain documents. We can help you with gathering, compiling and submitting these documents.
