closing a limited company

Closing a Limited Company: A Simple Guide

26/01/2022Business , Limited Company

Depending on your circumstances, closing a limited company can sometimes be an easy process but sometimes it can turn out to be a gruelling task that needs expert assistance. Whether you want to liquidate/dissolve a company, or you want it to strike off, you need to understand what is the best route to close a …

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How to Make A Company Dormant

How to Make A Company Dormant?

12/01/2022Business , Finance , Limited Company

Whether you need a break for a while, you’ve got a permanent job offer that you can’t refuse or want to retire, in such cases you may decide to make your company dormant. Whatever your reasons, you can stop running your business for some time by making it dormant. But many of you might not …

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difference between revenue and income

What is the Difference Between Revenue and Income?

11/01/2022Accounting , Business , Finance

Wondering what is the difference between revenue and income? Even as a business owner, you may find these accounting terms confusing. Revenue and income can’t be used interchangeably. You need to know both for a better understanding of the company’s expenses and overall financial health. Learning these accounting terms will help you to keep your …

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reclaiming vat on expenses

Reclaiming VAT On Expenses – A Beginner’s Guide

06/01/2022Taxation , VAT

VAT registered businesses need to charge VAT on their sales and can reclaim the VAT they pay for business expenses. However, claiming back VAT on expenses is not that simple as it seems, there are a lot of complex rules. With these complexities, reclaiming VAT on expenses can be trouble. In this quick guide, you’ll …

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