Dividends are one of the most efficient ways for company owners to take profits from their business. However, there’s more to paying dividends than just transferring money. If you’re a director of a limited company, it’s your responsibility to be in the know about...
Running a limited company in the UK can open up exciting opportunities. But it also comes with its fair share of responsibilities, particularly when it comes to taxes. For many business owners, the thought of dealing with tax obligations can feel overwhelming or even...
When you embark on the journey of entrepreneurship, one of the most pivotal decisions you will face is the choice of business structure. Registering as a sole trader vs limited company - this is where you’ll need to weigh your options and choose. Naturally, it will...
Being a limited company director means making smart decisions for your business - but doing it in a way that benefits the company as a whole. It’s important to understand your responsibilities in order to avoid any legal or financial pitfalls in the future. As a...
Understanding Asset Locks A Community Interest Asset Lock is a legal restriction used to safeguard its assets. It ensures that these assets are used for the benefit of the community, rather than for personal gain. Asset locks play a crucial role in maintaining the...
When it comes to choosing a business structure in the United Kingdom, limited companies offer a range of advantages that make them an appealing option for entrepreneurs. This video will delve into the benefits of being a limited company, emphasizing its flexibility...
Starting a business in the United Kingdom can be a daunting task, but choosing the right business structure can make a big difference. If you're considering a limited company (LLC), here are some advantages you don't want to miss: Simplified Process and...
Using a Limited Liability Partnership is this week's podcast theme. Are you looking to set up a Limited Liability Partnership? A limited liability partnership (LLP) has many of the features of a normal partnership and a company. In this podcast, I will explain...
A Limited Liability Partnership is like a duck billed platypus. A duck billed platypus is a bit of every animal. Likewise, a Limited Liability Partnership (LLP) shares many of the features of a normal partnership, blended with that of a company. Moreover, it also...
How to change from a sole trader into a company is this week’s podcast. What are the two most popular business structures in the UK and beyond? They are the sole trader or limited company. Likewise, a limited company in the United States and elsewhere is...
How to change from a sole trader into a limited company is this week’s topic. Are you thinking about changing from a sole trader to a limited company? There are many reasons why this might be the case. Tax issues and wanting more protection for your business are the...
A Community Interest Company (CIC) fills the gap between social enterprise and traditional for-profit business. Furthermore, it's designed for those with an interest in solving social problems. Taking on public contracts as well as private ones. It gives you more...
There are many different business structures available, but What saves you the most tax?. Sole traders, partnerships, limited companies and more. Which one is best for your situation? In this episode of I Hate Numbers I'm going to look at What saves you the most tax?...
Sole trader or limited company and Choosing your business structure to save tax ? Previously I talked about the differences between a sole trader and limited company. What you need to consider when deciding what business structure, you should adopt. You cannot make...