LLP members can be considered as partners in the company. You require at least two members to incorporate your firm at Companies House, among which no fewer than two of these individuals need to be ‘designated’. Designated members of an LLP have additional legal...
A UTR is a unique tax reference number provided by the HMRC to an organisation, individual, partnership, or company that enrols for Self Assessment. The number consists of 10 digits and is used by the HMRC to identify people and companies for tax purposes. UTR Number:...
Some businesses prefer creating a group structure in association with the ‘holding company’ for the purpose of tax efficiency and managing risk. Nonetheless, it is important to understand what a holding company actually is, how it changes the structure of an...
An ARD is basically the end of an LLP’s or a limited company’s financial year. Most commonly, it is the date where a business is required to make its annual monetary accounts up to date. Typically, the ARD of a company falls on the final calendar day of...
Companies House can be defined as the primary registrar of limited firms operating in the United Kingdom. The primary function of Companies House is to incorporate as well as dissolve limited firms (including LLPs) in the UK, as per the 2006 Companies Act governing...
Recent Comments