From November 18th, 2025, Companies House will be enforcing mandatory identity verification for all Limited Company directors, Persons with Significant Control (PSCs), and anyone who files on behalf of the company. This change, under the Economic Crime and Corporate Transparency Act 2023, will mark a major shift in the way in which UK companies [...]| SG Accounting
If you’re busy running your own Limited Company, you’ll no doubt be on the lookout for ways in which you’re able to make smart, tax-efficient savings for your future. One of the most powerful ways of doing so is by making pension contributions directly from your company. Your Client Director is here to assist [...]| SG Accounting
If your limited company is approaching the VAT registration threshold, or you are already VAT registered, ensuring you choose the correct VAT scheme for your business is more than just a compliance task. By having the correct scheme you can improve your cash flow, reduce admin, and even lower your VAT bill. In this [...]| SG Accounting
If you have a Limited Company you may find there are times when you’re not trading but you want to keep your company active, or you may decide to set a company up but not trade straight away. In both cases you’d put your company into a dormant state. But what is a dormant [...]| SG Accounting
If you’re a limited company director, you may find there are times when you want to give a gift from your business to your employees (if you have any), or even to yourself. Based on the gift’s circumstances you may find that the cost isn’t classed as a taxable benefit. In this blog we [...]| SG Accounting
Understanding how dividends work is key to running your Limited Company tax-efficiently and maximising your overall take-home pay. While it’s always wise to speak with your SG Client Director for tailored advice, having a solid grasp of the basics can help you make smarter financial decisions. In this blog, we’ll break down what dividends [...]| SG Accounting
Making Tax Digital (MTD) is no longer just a passing comment or consideration of HMRC’s. It’s imminent, and now is the perfect time to ensure we’re all ready. In this blog we explore what MTD actually is, how SG Accounting are preparing for the upcoming changes, and how we can help you. What is [...]| SG Accounting
The whole team here at SG Accounting are proud to announce that our FCSA accreditation has been renewed for yet another year! How do you become FCSA accredited? To maintain our status as an accredited FCSA member, we undergo a rigorous, independent annual assessment covering all aspects of our business; including our services, operations, [...]| SG Accounting
Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025. In the run up to the event, the Chancellor stated that she ‘remains committed to one major fiscal event a year to give families and businesses stability and certainty on upcoming tax and spending changes and, in turn, to support the government’s growth mission’.| SG Accounting
Learn what your limited company’s annual accounts include, why they matter, and how they can help you understand and grow your business.| SG Accounting
In this blog we take a closer look at Limited Company director's responsibilities, and when key dates are due throughout the financial year.| SG Accounting
The Employer's National Insurance rate increase is almost here. This blog covers the key things to be aware of for the fast-approaching 2025/26 tax year.| SG Accounting
In this blog we’ll cover the steps on how to close your Limited Company, and what you need to know when going through this process.| SG Accounting
