Business finance
Some companies are dormant from when they’re first formed. A lot of companies, however, will actively carry out a business for a while but then cease trading – at least for a period. These trading companies may be eligible to…
What does a business invoice template need to include?
An invoice is an important document for most businesses. You will only be paid once your business produces a suitable invoice for a customer. By preparing and issuing a business invoice promptly, you give yourself the best chance…
Do I need a business bank account?
Not all businesses are required to have a business bank account. Many business that are not legally required to have a business account still decide to operate with one as they do offer many benefits.…
How to register for VAT
Some business owners will always feel more comfortable appointing an agent to register for VAT (as well as then submitting VAT returns and dealing with HMRC on their behalf). But there’s no requirement to appoint an agent and…
What is a company’s UTR (unique taxpayer reference)?
A company’s unique taxpayer reference is a 10 digit number issued to all new limited companies. This code is often abbreviated to UTR and is otherwise known as a corporation tax reference or just tax reference. It is used by…
Why have a dormant company?
The vast majority of companies actively trade, but there are also over 300,000 dormant companies registered with Companies House. Dormant companies benefit from reduced administrative requirements: in particular, they don’t have…
2024 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2023, 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