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Reminders for Directors

  • One person can form a Ltd company.
  • Directors are to provide service address to Companies House for public record instead of residential address.
  • Service address can be the company registered office or other address as long as mails from Companies House can reach the directors.

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UK Tax Authority - HM Revenue and Customs

  • Companies are required to register for VAT if annual sales exceeded £68,000.
  • Companies are required to register for PAYE if directors are drawing salaries and maintain payroll records.
  • HM Revenue and Customs will issue £100 penalty if companies failed to file corporation tax returns on time.
 
Business Quiz - See what your score
1. A petty cash book:
 
Is used only in limited companies
Is used when there is a bank overdraft
Is used for small cheque payments
Will keep down the number of entries in the general ledger.
Submit
 
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Canterbury Accountancy – About us
We are a modern firm of chartered accountants based in central London providing accountancy services to small businesses and companies. Our services extended to assisting foreign investors who want to set up businesses in the UK.

Canterbury Accountancy –Customer feedback
Every accountant at Canterbury Accountancy aim to deliver exceptional business experience and total client satisfaction and we encouraged our clients to provide feedback to help us to improve our service.

Managing cash within your business
Many businesses are short of cash resources as a result they borrow from the bank. Why borrow if you can find cash from your business, it is interest free too. Read tips for managing cash in your business.

Be your own boss
I am out of job – what option do I have? Consider setting up your own business doing what you are good at. Read more…

The credit crunch
Many businesses are suffering from the credit crunch. Increased in debt and dropped in revenue lead to some of them went bust. It’s time to do something to save your business. Read practical tips for managing cash within your business.

Careers at Canterbury Accountancy
Becoming a chartered accountant and have your practical training in London, the busiest business city in the world.

Late filing penalty
The new late filing penalty with effect from 1st February 2009 will cost you a £150 if  you deliver you accounts late by just one day. 

The Registered Office for UK limited company
A UK limited company must have a registered office address for formal communications. If you live outside UK, you may purchase the registered office services from your accountants or formation agents. 

Starting a business guide
If you are thinking of starting your own business, this article will provide you with the basics knowledge of business structure to get you started.

Canterbury Accountancy – Set up a limited company - company incorporation
Under the UK Company Law, a limited company must register with the Registrar of Companies, also known as Companies House.

 
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London Registered Office for Ltd Companies

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 Company Registers CA2006

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