Scam emails claiming to be from Companies House

Some customers have received fraudulent emails claiming to be from Companies House.  An example of an email is below: The email is sent from: “noreply@cpgov.uk” with the following message: These emails are not from Companies House If you receive any emails from this sender or an email like this, forward them straight on to phishing@companieshouse.gov.uk as soon as Read more about Scam emails claiming to be from Companies House[…]

UK’s ‘first ever’ successful prosecution for false company information

Kevin Brewer pleaded guilty to breaking section 1112 of the Companies Act 2006, which sets out the criminal offence of providing false information on the company register. He was fined £1,602 and ordered to pay costs of £10,462.50 and a Victim Surcharge of £160. The Story Kevin Brewer, a businessman, incorporated John Vincent Cable Services Read more about UK’s ‘first ever’ successful prosecution for false company information[…]

Profit and loss account explained

As a director of a limited company, you are responsible for filing accounts with Companies House and a corporation tax return with HMRC each year. Although most people appoint an accountant to handle this, it’s sill important to have a basic understanding of how your accounts are put together. You may think that if you Read more about Profit and loss account explained[…]

As a director, what should I pay myself in 2018/19?

Such a simply question, you would think, however it produces a complicated answer. For this calculation, we have assumed the following: The director wants to preserves their entitlement to state benefits, and The director wants a salary which saves the most tax and national insurance. First of all let us look at preserving your entitlement Read more about As a director, what should I pay myself in 2018/19?[…]

Important information about changes to paying HMRC

At the Post Office You won’t be able to pay at the Post Office from 15 December 2017. You will need to choose a different way of making payments to them. By credit card From 13 January 2018, HMRC will no longer accept payment by personal credit card. Debit cards and corporate credit cards will Read more about Important information about changes to paying HMRC[…]

Do I Need An Audit?

Some UK companies are required to have their annual financial statement audited, and others are exempt from the statutory requirement due to their size or (in a few cases) their nature.Organisations which fall below certain thresholds are usually exempt from audit, unless they are members of a group.The thresholds determining company size for accounting purpose Read more about Do I Need An Audit?[…]

Finalists in IAB UK and International Business and Skills Awards 2016

Our Director Samantha, has been shortlisted for Accountant of the year in the IAB UK and International Business and Skills Awards 2016. This national award recognises accountancy talent that has made an invaluable contribution to their clients, by  going above and beyond to help their clients. The 2016 IAB UK and International Business and Skills Read more about Finalists in IAB UK and International Business and Skills Awards 2016[…]

Companies House – Confirmation Statement

Companies House has announced that from June 2016 the Confirmation Statement will replace the current Annual Return. So what does this mean? At least once a year you will need to review the information held by Companies House and confirm whether it is correct or not. What is involved in a Confirmation Statement? Just like Read more about Companies House – Confirmation Statement[…]

Employment Allowance 16/17 – what does it mean to a sole director of a limited company?

As mentioned in a previous blog, there are a few changes to the Employment Allowance this year (2016/17), that you need to take note of: The allowance has increased from £2,000 to £3,000 Eligibility – one of the main changes is if you are the directors and only paid employee, you are no longer eligibility Read more about Employment Allowance 16/17 – what does it mean to a sole director of a limited company?[…]