Johnathan Korchak, Author at Inform Direct

Advantages and disadvantages of a partnership business

Published in Business management on May 9, 2024 by Johnathan Korchak

A partnership business is one of the most common forms to run a business in the UK. There are several hundred partnerships currently in existence. The most common alternatives are the sole trader and limited company.…

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Tags: business types, general partnership, partnership

27 comments

Inform Direct now supporting over 400,000 companies

Published in Inform Direct news on April 28, 2024 by Johnathan Korchak

We’re delighted to be celebrating a milestone, with 400,000 UK companies now managed on the Inform Direct platform.…

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Tags: Inform Direct, news

Why have a dormant company?

Published in Business finance on April 26, 2024 by Johnathan Korchak

The vast majority of companies actively trade. However, there are also over 500,000 dormant companies registered with Companies House. Dormant companies benefit from reduced administrative requirements: in particular, they don’t…

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Tags: company types, dormant companies

1 comment

What is an ERN (PAYE Reference Number) and why do I need it?

Published in Business finance on April 24, 2024 by Johnathan Korchak

An ERN (Employer Reference Number) is issued to every UK company that registers as an employer. It is also referred to as a PAYE reference number because it is used as a unique identifier by HMRC when processing payroll…

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Tags: accounting, company records, employment, HMRC, PAYE

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Author Archives: Johnathan Korchak