What is a Public Company Limited By Shares?
If you run a successful private limited company and are looking to transition to public status, it’s important to understand the implications of your decision and the obligations involved. In thie guide, we explain the benefits and risks of becoming a public limited company, together with the additional administrative and regulatory requirements that must be […]
CT600: How to File Your Company Tax Return
Among the financial and reporting obligations on limited companies in the UK is the requirement to notify HMRC of annual corporation tax liability. This requires the company to: Inform HMRC that their company is liable to pay corporation tax. Pay the tax due on time. File the company tax return (CT600) along with any other […]
Annual Investment Allowance AIA 2023
If you purchase plant or machinery that qualifies for the annual investment allowance (AIA), you can deduct the full cost of that asset from your profits before calculating your tax liability. What is Annual Investment Allowance (AIA)? The annual investment allowance (AIA) allows businesses to claim tax relief on purchases of certain assets […]