CS01 Form: Companies House Confirmation Statement

CS01 Form: Companies House Confirmation Statement

Unsure about what a Companies House confirmation statement is? Every limited company across the UK needs to file a Companies House CS01 form each year, whether it’s inoperative or non-commercial. It’s illegal not to file one. Not only this, you as the company director...
Our Guide To R&D Tax Credits

Our Guide To R&D Tax Credits

The UK government’s desire for the nation to remain at the forefront of scientific and technological innovation has rarely been so pronounced – and one way they’re incentivising it is through R&D tax credits. Indeed, threats like climate change have made...
Travel & Subsistence Expenses Explained

Travel & Subsistence Expenses Explained

In terms of tax planning, you need to make sure you get your business expenses spot-on – and this includes travel and subsistence expenses.  At the end of the day, we all spend money on meals and beverages, don’t we?  Thus, it’s a topic a lot of employees...
Capital Gains Tax For Small Businesses: A Guide

Capital Gains Tax For Small Businesses: A Guide

As one of London’s leading SME accountancy firms, we’re often fielding questions about Capital Gains Tax for small businesses. Concerned about their tax liability when selling assets – or their business – sole traders and business owners sometimes become bogged down...
Trade Receivables & Trade Debtors: What Are They?

Trade Receivables & Trade Debtors: What Are They?

Accounting and bookkeeping are some of the roles that many business owners dread the most.  Terminology like “trade receivables” and “trade debtors” doesn’t help, but the reality for most businesses is that the two terms are one and the same. Trade debtor are invoices...
Double-Entry Bookkeeping Explained

Double-Entry Bookkeeping Explained

If you own a small business, you have to record business transactions using one of two methods: or single-entry or double-entry bookkeeping.  These might sound like difficult things to do, but we’re here to help!  In this article, we’re going to explain...