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The simplest and most common way to start a business is as a sole trader. It is flexible, has minimal paperwork and easy tax reporting. However, once your business grows you may find wanting to change over to a limited company. This move adds to the responsibilities but also provides tax efficiency, credibility and financial… Continue reading Transitioning from a Sole Trader to a Limited Company: What You Need to Know
Running a limited company does not only include running day to day operation of the company but also ensures that every allowable expense is claimed correctly. If the management is done carefully you’ll substantially save on Corporation Tax and free up cash to invest. So many business owners have come to realize that working with… Continue reading Navigating Claimable Expenses: A Comprehensive Guide for Limited Companies
The focus of entrepreneurs to secure their assets, optimize taxes and be nimble during economic uncertainties has never stopped. Many are discovering that rethinking the traditional company’s structure for a Limited Liability Partnership (LLP) provides an excellent blend of protection and flexibility. Business owners have begun turning to experienced accountants for limited company to get… Continue reading Modern Business Strategies: Insights from accountants for limited company
