by Mubashir | Jan 7, 2019 | LLP
Partnership income is computed for the whole partnership by reference to the various sources of income for each accounting period. However, the legislation also says that for each tax year in which a firm carries on a trade, each partner’s share of the...
by Mubashir | Apr 25, 2018 | Limited Company, LLP, Tax Issues
Forming a limited company – London Accountants for Limited Companies Forming a limited company may be a consideration if the limitation of liability is important, but it should be noted that banks and other creditors often require personal guarantees from...
by Mubashir | Apr 2, 2018 | Accounting Issues, Limited Company, LLP, Misc
Small Business Accountants – Capital Allowances Guide ‘Capital allowances’ is the term used to describe the deduction we are able to claim on your behalf for capital expenditure such as business equipment, in lieu of depreciation. Annual Investment Allowance...
by Mubashir | Jan 13, 2018 | Limited Company, LLP, Misc
Which Business Structure Should You Use? This helpsheet gives you an outline of the different business structures you can trade through. Your business format is not set in stone forever and you can change between them. It is fairly simple for a sole trader to take on...
by Mubashir | Jan 11, 2018 | Business Growth Ideas, Limited Company, LLP, Misc
Start Up Finance will be needed for… Premises Equipment Goodwill if purchasing an existing business Installation of utilities Legal and professional fees Stationery Advertising and publicity Insurance Stock for resale Wages of employees Then as you expand,...
by Mubashir | Jan 9, 2018 | Limited Company, LLP, Misc
The 5 Key Qualities Needed to Succeed in Business Why do some people succeed in business and others not and why are some exceptionally successful. Some of it may be luck but there are common factors in successful business people that would seem to indicate otherwise....