Company Updates

All things related to company updates.

What is Companies House?

Companies House is the United Kingdom’s registrar of companies and is an executive agency and trading fund of Her Majesty's Government

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Company Updates

How to Start a Business

Starting a business can be one of the most rewarding experiences in life, but also one of the most daunting and risky, particularly for small businesses. In 2018, there were 672,890 companies incorporated at Companies House but 508,865 were dissolved. If you’re planning to start your own business, the best way to increase your chances of success is to be well prepared. OnlineFilings™ have compiled this practical guide to setting up your limited company in 8 easy to follow steps to help you on your path to becoming a successful business.

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Company Updates

Key Differences Between Sole Traders and Limited Companies

Thinking of setting up a business? Not sure if you should register as a sole trader or incorporate a limited company? There are several factors to consider before you decide. These include your legal responsibilities, tax efficiency, the amount of paperwork, and more.

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Company Updates

How Do I Strike Off a Company? The Full Guide

If your business has reached the end of its life, you’ll need to decide the best way to close your company. How you close your business is dependent on your circumstances; namely, if you have debts and if you can pay them. This will influence how simple or complex the process of closing your company can be.

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Company Updates

Why Paying Yourself Dividends is Tax-Efficient

If you’re a shareholder in a limited company, it’s important to find the best way to pay yourself in order to reduce tax and keep more of your income. The most common options are taking a salary and paying yourself dividends.

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Company Updates

How to Pay Yourself a Director's Salary

Deciding how to pay yourself a salary can be complex for limited company directors. Should you pay the bare minimum and invest the rest in your business, or set a higher directors salary to remunerate yourself for your hard work?

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Company Updates

7 Questions About Filing Confirmation Statements, Answered

Once your limited company is up and running, you’ll need to stay on top of all your filing requirements: self assessments, annual accounts, VAT returns (if you’re registered), and of course, your annual confirmation statement.

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Company Updates

The Easiest Way to Make a Company Dormant

If your company is no longer trading, you could consider going dormant. As a dormant limited company, you’ll have limited filing responsibilities and won’t need to pay Corporation Tax. Looking to go dormant and wondering what it entails? Read on to discover how to register companies as dormant with Companies House and HMRC.

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