If one of the partners resigns, dies or goes bankrupt, the partnership must be dissolved, although the business can continue. Ordinary partnerships also have to be registered with HMRC for tax purposes. Limited partnerships A limited partnership is made up of a mixture of ordinary partners and ...
While the UK has introduced rules preventing the export of certain goods to Russia, banned items are still flowing into the country via third countries in the Caucasus and Central Asia. Some suspect that part of the reason these flows continue is that HMRC is not e...
What to prepare for sole trader set up It’s worth noting that if you earn under £1000 from self-employment within a tax year, you’re not required to register with HMRC. You can save time during the application process by having everything ready and on-hand; here’s what to prepare...
Companies will often set up a holding company to gain tax efficiencies, minimise risk or prepare for sale or succession. There are clear benefits to creating a holding company as it can be used to protect profits or to separate out assets such as a business premises from the main trading co...
If you want to work for yourself, you can use other business structures apart from being a sole trader. For example, you can become a partner in a business partnership or set up your own limited company, in which case you become employed as a director of that company. ...
HMRC and Home Office the big winners as spending review commits £600m to ‘fix outdated government IT’ bySam Trendall The Treasury added that Grigg’s work would include “gathering expert opinion” to inform relevant government policies on how the bank should be set up. ...
Paul continues, “The Greater Bristol market transacted a total of 154,005 sq ft of space in Q1, which is 20% behind the average take-up for this period over the last five years. However, with continued high demand in the market, prospects for the coming months are positive.” ...