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About us Concise Products and Services Ready Made Companies Accountants fees Companies House Forms Statutory books services Company accounts Abbreviated accounts 2009/10 Tax Allowances Business taxation services Starting a business Employing people

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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. What is the current VAT registration threshold for businesses?
 
GBP 58,000
GBP 67,000
GBP 68,000
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Latest Business News : Airlines offer slots in EU probe      Economic storm not over, says PM      BA strike action talks under way      Top public servants' pay frozen      Cardiff given tax bill deadline      

Canterbury Accountancy - UK Chartered Accountants

 

Canterbury Accountancy is a business information website providing practical solutions to entreprenuers and businesses. This website is compiled by a firm of chartered accountants registered under a company, Concise Accountancy Services Limited.

We are specialist accountants for newly start-up businesses and small companies. We provide bookkeeping, payroll processing, VAT services, accounts preparation, completion of tax returns, company secretarial and company registration services.

If you are thinking of setting up a business in the United Kingdom and you are wondering “where do I start?” you are welcome to speak to one of our accountants, they will be more than happy to help you.

Whatever business you are in, it is important that you know how to arrange your financial affairs from the beginning and record information in the correct way to comply with the trading law and regulations in the UK including HM Revenue and Customs requirements and UK Company Law if your business is a limited company.

Canterbury Accountancy - Providing practical business solutions

Latest News
BBC News | Business | UK Edition
Airlines offer slots in EU probe Wed, 10 Mar 2010 14:16:02 GMT
British Airways, American Airlines and Iberia offer to give up take off and landing slots in London and New York, say EU watchdogs.

Economic storm not over, says PM Wed, 10 Mar 2010 13:57:12 GMT
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.

BA strike action talks under way Wed, 10 Mar 2010 13:18:36 GMT
Talks aimed at averting strike action by BA cabin crew are continuing at the TUC, after a deadline was extended.

Top public servants' pay frozen Wed, 10 Mar 2010 12:59:05 GMT
Thousands of top-earning public sector workers, including judges and NHS managers, will have their pay frozen next year.

Cardiff given tax bill deadline Wed, 10 Mar 2010 11:57:52 GMT
Cardiff City are given eight more weeks by the High Court to settle an outstanding tax bill.

 
 
 
 

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