by Alastair Wood | Sep 17, 2013 | Business Advice
Companies House impose penalties for filing accounts late, due to a culture of late filing by companies. This has certainly been a wake up call to company owners especially with the increase in penalties in February 2009. There used to be a loophole where by filing...
by Alastair Wood | Aug 28, 2013 | Business Advice
There are many reasons why you might want to change a limited company year end and it is possible to do so whether: the trade is seasonal and you do not want year end in your busiest period to tie in to the tax year (although we would not necessarily recommend this)...
by Alastair Wood | Aug 6, 2013 | Business Advice
Accountants face the unenviable task of being asked on the one hand to minimise tax bills and on the other to show personal income at a high enough level for clients to secure a mortgage. For any business owner there has to be a balance made between the two and there...
by Alastair Wood | Jul 11, 2013 | Business Advice
While there are undoubted benefits from incorporation whether the limited liability of the owners or the tax benefits a recent statistic brought me up short. While setting up a new company I looked at the stats of companies I have set up in the past 4+ years...
by Alastair Wood | Apr 25, 2013 | Business Advice
Certain businesses are required to have more shares issued than would normally be the case, for example a firm of financial advisers may have a capital requirement under the old FSA to have say £15,000 shares issued where a similar business would only have £100. This...
by Alastair Wood | Feb 28, 2013 | Business Advice
The details provided below are in response to requests from clients of AW Accounting in Gravesend for details of what to give your accountant at the year end for your taxes. This specifically relates to Sage but the principles are the same for all computer accounting...
