Home » Archive

Articles tagged with: business

one offs »

[8 Nov 2013 | No Comment | ]
Should I dissolve my company or put it on ice?

Hopefully, running your own business has been a good experience. When business comes to an end, we know that the double barrelled question “should I dissolve my company or put it on ice” is often asked.
If you have finished with the company and no longer need it, then dissolve it. Keeping it will only add to your costs. A simple dissolution guide is here.
It is not possible to ever make a traded company become truly dormant again. There will always be things to do. A dormant company is one which …

one offs »

[14 Aug 2009 | No Comment | ]

You can link directly to this article using the short URL http://bit.ly/i9Ifm

VAT is a complicated area

VAT is a tax on the end consumer, and is not necessarily a tax on the businesses through which the VAT passes. In effect, a VAT registered business becomes an unpaid tax collector for the government. End consumers are normally households and shoppers, but any businesses which are not VAT registered and which cannot reclaim any VAT are also end consumers.
There are three main categories of business in the UK . . .

The small businesses …