• VAT declarations

    26-01-2024 10:05:04
    You generally need to send a VAT return to HMRC every 3 months. This is called your “accounting period.” If you are registered for VAT, you must submit a VAT return even if you have no VAT to pay or recover....
  • VAT registration

    26-01-2024 16:58:52
    You must register for VAT as soon as your business exceeds £85,000 in sales, or if you expect to exceed this level of income in the current financial year of your business. Once you are registered for VAT, you must charge 20% on top of...
  • Businesses must file their tax returns within one year of the end of the accounting period; the return must include a self-assessment of tax liability, eliminating the need for HMRC assessment (although HMRC retains assessment powers in certain ca...
  • Annual return

    26-01-2024 17:05:48
    An annual declaration is a document that all registered companies must provide, showing an overview of important (non-financial) information on the internal structure of the company. A...
  • Registered office address

    26-01-2024 17:14:24
    A registered office is a legal requirement for all companies registered with Companies House. It is the official address of the incorporated company and is accessible to the public. The address may be different from you...
  • Confirmation statement

    26-01-2024 17:30:11
    Companies House requires all company directors to complete their company's confirmation statements in full and on time. Although there is no fine for late filing, failure to file on time is a criminal offence and directors can be personally fined...
  • Dormant Companies

    16-04-2024 23:51:16
    As per Her Majesty's Revenue and Customs (HMRC) guidelines, a company is classified as dormant under the following circumstances: - It has ceased trading and generates no other income, such as from investments.- It is a newly incorporat...