So, you are all ready to form your new company, but have yet to decide on a company name. Whilst a name that closely resembles your activities or is easily marketable may be your goal, it is worth knowing that not all names are accepted by Companies House.
While limited companies don’t have to worry about paying capital gains tax, they still need to pay tax on any profits from selling assets. Let’s break it down.
There are a lot of benefits to buying a rental property through a limited company, but you’ll need to consider a few things beforehand.
Sometimes you can be so focussed on carrying out the day-to-day work in your business that you don’t have time to sit back and reflect on what you can do to increase profit!
Sole trader or limited company? It’s a dilemma for every business owner. Here are the advantages and disadvantages of each structure.