If you run a limited company, you will deal with Companies House fairly regularly. In this article, we look at Companies House's main functions and the obligations company directors have.| ByteStart
Ben Hopps solicitor in Sykes Anderson LLP’s Litigation and Dispute Resolution Department discusses problems that can arise when buying the shares in a| ByteStart
A dormant company is a standard limited company that doesn't trade and has no accounting transactions. There are two main situations where owning a dormant limited company can be useful.| ByteStart
On this page, we have added some links and details of small business accountants we have worked with for many years at ByteStart.| ByteStart
A good accountant will keep your books in order, help with tax planning, and will ensure that you meet all your tax deadlines. Here are some tips from the ByteStart team to help you choose the best accountant.| ByteStart
A director can be held personally responsible if they allow the company to carry on trading after it became clear that it would go into liquidation.| ByteStart
Public liability insurance will protect your business if you cause an injury to a member of the public, or property belonging to another business or| ByteStart
Employers liability insurance is a type of business insurance policy that virtually all firms employing someone must take out. However, there are some notable exceptions.| ByteStart
While nobody likes to think about it, things can and do go wrong when you're in business, no matter how cautious you are. An employee could get hurt on| ByteStart
If you are in business and provide any type of professional service to clients, you need to consider taking out Professional Indemnity Insurance.| ByteStart
One of the most important decisions you make when you set up a new business is to decide whether to become self employed or form a limited company.| ByteStart
Are you thinking of joining in and trying your hand at becoming an eBay seller? Here's what you need to know about getting your new business off the ground.| ByteStart
Here's how company dividends are taxed, and how you calculate the amount of tax you need to pay on your dividends.| ByteStart
If you are setting up a limited company for the first time, here is an overview of how corporation tax works, including details on the 2023 tax hike.| ByteStart
VAT is something that many new business owners overlook. Many assume that it doesn’t apply to them – surely it’s just for the bigger businesses out there?| ByteStart
Everything you need to know about setting up a limited company in the UK. Make sure you read this guide before you start the formation process.| ByteStart
If you start a business as a sole trader, you need to set up an accounting system to record your income and expenses, and work out how much tax to pay.| ByteStart
One of the first tasks you will have when starting up your business will be to decide whether to set up a new limited company, or become self-employed.| ByteStart
Small business accounting software has changed massively in recent years. Thankfully, the advent of cloud computing has consigned the days of buying| ByteStart
If you're self-employed or a company director, you must file a yearly tax return. If you make errors, miss the deadline, or withhold any information, HMRC| ByteStart
To explain more about the tax advantages of a limited company, we asked a leading accountant to outline the tax-effective ways you can pay yourself via your own company.| ByteStart
Starting a pension to save for your retirement is relatively straightforward. Here’s what you need to know about setting up a pension when you’re a sole trader.| ByteStart
As a sole trader, you can deduct many business costs from your income and pay less tax. But what counts as a legitimate business expense? And how do you claim?| ByteStart
Which expenses you can claim via your limited company, and what to consider when deciding whether it's you or your business that should pay for something.| ByteStart
Alongside big upsides, being a sole trader also has downsides. So, depending on your goals and the nature of your business, a different structure might be a better choice.| ByteStart
If you’re new to self-employment, setting up as a sole trader is the easiest way to go. The registration process is simple, there’s almost no paperwork involved, and you don’t have to pay any registration fees.| ByteStart
VAT is one of the more complex accounting practices a business must undertake, which is why it can help to simplify it as much as possible. The Flat Rate| ByteStart
With the complexity of the VAT laws it's understandable that businesses make mistakes on their VAT returns. However, these mistakes can be very costly| ByteStart
Registering as a sole trader is easy and inexpensive to do, but being self employed is not all sunshine and rainbows. Here are 15 things you should know about setting up a business as on your own.| ByteStart
We look at what the Financial Services Compensation Scheme (FSCS) is and how it protects sole trader and limited company bank deposits.| ByteStart
There are several advantages to working via a limited company. Here we look at the benefits - including lower tax and limited liability.| ByteStart
Most company directors are paid an annual salary, and draw down profits as dividends. What is the optimal salary/dividend split in 2024/5?| ByteStart
We look at the UK tax rules for the self employed so you can nail your tax return like a pro. We cover income tax and NICs for 2024/5.| ByteStart
In this guide, we look at the taxes the self employed pay. We also look at some common mistakes to avoid when it comes to dealing with HMRC.| ByteStart
How National Insurance works for small businesses - Class 1 for limited companies, and Class 2 & 4 if you're a sole trader or member of a partnership.| ByteStart
Find out how much tax you pay as a sole trader - in terms of income tax and Class 2/4 NICs on your business profits.| ByteStart