PCs for Schools – An Accountant’s Perspective

It’s no secret that schools are struggling to keep up with the ever-changing landscape of technology. More and more, students are being asked to use computers and tablets in their everyday learning, but many schools simply can’t afford to provide these tools for every child. That’s where PCs for Schools comes in. PCs for Schools…

What’s the Most Tax-Effective Salary for a Director in 2022?

What’s the Most Tax-Effective Salary for a Director in 2022?

As a director, should you pay yourself a salary? The directors of a company are responsible for running it properly. They must ensure that the company complies with the law and acts ethically. In addition, they are responsible for managing the company’s finances. This includes paying themselves salaries. In most cases, companies don’t have to…

Director vs Shareholder | What Is the Difference?

Director vs Shareholder | What Is the Difference?

Shareholders are people who own shares in a corporation. They hold ownership interests in the company, and they elect representatives to act on their behalf. Directors are individuals who serve on the board of directors of a corporation. They are responsible for overseeing the operations of the company, making sure that all relevant laws are…

What is a Company Directors’ Register? (Overview)

What is a Company Directors’ Register? (Overview)

Companies must keep a register of Directors if they have any shareholders. This includes all forms of Incorporated Businesses. There are different kinds of Companies, so there are different Rules about Keeping a Register of Directors. The main types of Company are: 1. Sole Trader 2. Partnership 3. Limited Liability Partnership 4. Public Benefit Organisation…

What Information Should a Business Include on Its Stationery and Website?

What Information Should a Business Include on Its Stationery and Website?

All correspondence and official documents must contain the company’s complete legal name. This includes letters sent via email, faxes, invoices, contracts, etc. In addition, it is important that the company’s full legal name appears prominently on every document. The law requires that the company’s full registered names be displayed on all correspondence and official documents….

How Do Super Deductions Work? How Will It Help Your Business?

How Do Super Deductions Work? How Will It Help Your Business?

The UK capital allowance system was introduced in April 2018 with the aim of encouraging businesses to invest in new equipment and machinery. This tax relief allows companies to claim back half of the costs of investing in plant and machinery up to £250,000. At the same time, it reduces the amount of income tax…

What Types of Companies Are There in the UK?

What Types of Companies Are There in the UK?

Private limited companies are the most commonly used type of limited company in the UK, accounting for over 90% of all registered companies. These companies are set up to protect individual owners against personal liability and enable them to raise finance. Public limited companies are similar to private limited companies except that the majority of…

Private and Public Limited Company: What is the Difference?

Private and Public Limited Company: What is the Difference?

Private companies are owned by shareholders. Shareholders elect directors to run the company. Directors hire managers to operate the business. Managers report to the board. Boards set policies and make decisions about how the company operates. Companies are often referred to as “private,” because they aren’t required to disclose information about themselves to anyone except…