Johnathan Korchak, Author at Inform Direct

The Corporate Insolvency and Governance Act – effect on filing deadlines

Published in News and opinion on July 1, 2020 by Johnathan Korchak

The Corporate Insolvency and Governance Act was passed on 25 June 2020, with many measures coming into immediate effect on Friday 26 June. It aims to relax the burden on businesses during the coronavirus outbreak, providing…

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Tags: news, Companies House, accounts, confirmation statement, filing deadlines

What is a sole trader?

Published in Business management on May 19, 2020 by Johnathan Korchak

A sole trader is a self-employed person who owns and runs their own business as an individual. A sole trader business doesn’t have any legal identity separate to its owner, leading many to say that as a sole trader you are…

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Tags: business types, sole trader

When do you have to register for VAT?

Published in Business finance on May 19, 2020 by Johnathan Korchak

Your business must register for VAT with HM Revenue and Customs (HMRC) if, over the past 12 months, your ‘taxable supplies’ (closely based on your sales or turnover, not your profit) have exceeded the VAT registration…

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Tags: HMRC, taxation, business finance, VAT

Coronavirus and Company Secretarial Responsibilities

Published in News and opinion on May 4, 2020 by Johnathan Korchak

The impact of coronavirus continues to be felt in many ways by UK businesses, with advice and support from their professional advisers becoming more important than ever.…

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Tags: stock transfer forms, Companies House, accounts, HMRC, strike off, filing deadlines, AGM, furlough

What to include in a company’s first board minutes

Published in Company formation on March 5, 2020 by Johnathan Korchak

Once your company has been incorporated, you should hold a board meeting with the directors of the new limited company. It’s best to do this within a month of the formation of the company. As with all board meetings, you’ll…

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Tags: incorporation, meetings, minutes

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2020 Review
of UK Company Formations

Read our comprehensive review of UK company formations in 2019, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website

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Author Archives: Johnathan Korchak