16 Essential UK Accounting Guides for UK Small Businesses

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Running a small limited company in the UK means dealing with tax codes, Companies House filings, share rules and company names. The guides below explain each topic in plain English, with the steps, deadlines and forms you need. Bookmark this page and work through the ones that apply to your business.

1. Tax Code 1257L: Mean and Why Should You Care?

Tax Code 1257L: Mean and Why Should You Care?

The tax code 1257L means you usually receive the standard Personal Allowance of £12,570 before paying income tax.

2. What Is Corporation Tax? Rates, Deadlines, and How It Works

What Is Corporation Tax? Rates, Deadlines, and How It Works

Corporation tax is a tax that companies and some organisations pay on their taxable profits. In the UK, it is collected by HM Revenue & Customs (HMRC).

3. What Is a Company Tax Return: How Do You Prepare and File It?

What Is a Company Tax Return: How Do You Prepare and File It?

A company tax return reports a company's taxable profits and corporation tax position to HMRC.

4. Company Formation: How to Register a Limited Company in the UK

Company Formation: How to Register a Limited Company in the UK

Company formation in the UK is the best way for many entrepreneurs to protect their personal assets, enhance business credibility, and create opportunities.

5. How to Change Limited Company Name (NM01) in the UK

How to Change Limited Company Name (NM01) in the UK

Change a company name in 4 main steps: check availability, authorise the new name, submit the change, and update business records.

6. 9 Tips for Choosing a Company Name in the UK

9 Tips for Choosing a Company Name in the UK

Choosing a company name requires a balance between legal rules, brand identity, availability, and future business plans.

7. How to Check UK Company Name Availability?

How to Check UK Company Name Availability?

Check UK company name availability through Companies House, the naming rules, trademarks, and digital channels.

8. ASIC Form 484: Changes to Company Details

ASIC Form 484: Changes to Company Details

ASIC Form 484 is a statutory form used to notify the Australian Securities and Investments Commission (ASIC) about changes to a company's details under the Corporations Act 2001.

9. Share Transfers: Move Company Shares to Another Person

Share Transfers: Move Company Shares to Another Person

A transfer of shares moves existing company shares from one owner to another person or organisation. It changes ownership without creating new shares.

10. How to Issue Shares in the UK: Complete Guide

How to Issue Shares in the UK: Complete Guide

To issue shares in the UK, a company must approve the allotment, update its records, and complete the required filings.

11. Different Types of Shares: Classes and Voting Rights

Different Types of Shares: Classes and Voting Rights

Shares include different types, ordinary shares, preference shares, redeemable shares, and deferred shares, each offering different rights to voting, dividends, and company assets.

12. Inheritance Tax: Thresholds, Allowances, and How to Pay

Inheritance Tax: Thresholds, Allowances, and How to Pay

Learn about UK Inheritance Tax, thresholds, exemptions, and reliefs. Discover strategies like gift allowances and trusts to reduce tax liability.

13. Company Name vs Trading Name: What is the Difference

Company Name vs Trading Name: What is the Difference

Company name vs trading name comes down to legal status. A company name is the legal name a business is registered under at Companies House, while a trading name is the name it trades under.

14. What is a Company Registration Number in the UK?

What is a Company Registration Number in the UK?

Sole traders don't get a Company Registration Number (CRN) as they aren't registered with Companies House. Learn what identifiers they need instead.

15. Limited vs LTD: Are They Interchangeable?

Limited vs LTD: Are They Interchangeable?

Limited and LTD mean the same thing in a UK company name. This guide explains when to use each form and whether you can swap between them.

16. Companies House Fees: What Has Changed

Companies House Fees: What Has Changed

Companies House fees have changed. This guide explains the current fees for filings and company services, so you know what each filing costs before you submit it.

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