Posted in General
Sajid Javid has cancelled the Budget that was due to be presented to Parliament 6th November.
As the UK will not be leaving the EU at the end of this month and as Boris Johnson is proposing a general election on 12th December, both of these events
Continue readingPosted in General
What happens if your bank becomes insolvent and you stand to lose any funds deposited?
The bank deposit guarantee limit is the amount of money that is guaranteed, for savers in UK banks and building societies, should the institution become
Continue readingPosted in Value Added Tax
Since April 2019, VAT registered businesses with a turnover above the VAT threshold need to keep digital records for VAT purposes using the Making Tax Digital (MTD) protocols. This means that businesses must keep their records digitally (for VAT
Continue readingPosted in Corporate Governance & Regulation
A Close Company is broadly defined as a company that is controlled by:
five or fewer participators or
any number of participators who are also directors or
where more than half the assets of which would be distributed to five or fewer