News & Press

Pre-emption rights refer to the right of existing shareholders of a company to be offered new shares in the company before the offer is made to external investors. The offer will be for a proportion of the new shares which reflects their...

When it comes to employing individuals for your company, it is vital that you understand what each employee’s holiday entitlement is. This article will shed some light as to what each employee can expect, how holiday entitlement is calculated...

Public companies must have a suitably qualified company secretary; however, it is currently optional for private companies to appoint one. This being said, private companies may be obliged to appoint a company secretary if it is outlined...

Does your business undertake a significant amount of capital expenditure? If it does then it may be beneficial for you to take into consideration the timing of your purchases in order to claim certain tax reliefs.What are capital...

Companies House, the Registrar of Companies in the UK, has a list of “sensitive words” which are protected from being freely used within a company name. It is therefore important to understand the implications that choosing these words can...

Corporate governance is a broad term which can be used to refer to a large number of different areas within business, however it is generally the rules and policies of a company that enable it to be governed effectively and correctly....

Tax Credits are payments from the UK Government. In the UK, there may be certain circumstances which mean that you are entitled to tax credits. There are two fundamental tax credits in the UK with the basics about tax credits being outlined...

There are three main functions of a balance sheet. A balance sheet provides a:Summary of the business assets (what it owns) and its liabilities (the things owed to it)The ‘net value’ of the business at a specific point in timeMeasure of its...

Upon purchasing (or transferring) a property/plot of land within the UK, there is a tax that is payable by the purchaser. This is commonly known as Stamp Duty, but the full name is Stamp Duty Land Tax (SDLT). The Stamp Duty is only payable on...

The way that you are required to report your payroll information is changing - are you up to speed with the new requirements set by HMRC?What is changing?The current system requires businesses to submit annual reports to HMRC regarding their...

This is often a role of the company secretary, however in cases where companies do not have a company secretary appointed, the directors will need to ensure this is completed. In all cases the statutory duty for the company to remain...

The most common corporate structure is a private company limited by shares, which are managed by directors and owned by shareholders. Private limited companies have a separate legal identity to their directors and shareholders. This is an...