Under UK company law, all limited companies and limited liability partnerships must make the following business stationery disclosures: Full company/LLP name, Place of registration, Companies House registration number, Registered office address, You may also decide, for commercial reasons, to make extra business stationery disclosures, which may include: Any trade names the business operates under, The…
Once you have decided which car (or other vehicle type) to acquire and whether to own the vehicle within the company or personally, the next consideration relates to how to finance this transaction. The main factors of relevance should be taxation (corporation tax and VAT), cashflow, control and the accounting affect. Within business, conventional wisdom…
The length of time that business and tax related records should be kept depends upon which legislation they relate to. A brief simplified summary follows: Records Time Limits Company Statutory Registers Indefinitely Board Meeting Minutes/Resolutions Indefinitely General Meeting Minutes/Resolutions Indefinitely Details of Past Shareholders 20 Years Sealed Contracts 12 Years Corporation Tax Records 6…
On 5th April 1998 the Chancellor introduced new share matching rules, which restrict the ability of individuals and trusts to ‘Bed and Breakfast’ their quoted shares. The new rules require a sale of shares, or other security, to be matched with acquisitions in the following order: Same day acquisitions, Acquisitions within the following 30 days…