Category Archive for 'Small Business'
Tuesday 04 Mar 2008
It is generally possible to register as an employer by telephone or email (if special circumstances apply, you may have to register via and HMRC office). Either way, you will need the following information to hand:
general information about yourself and your company (including your national insurance number and UTR number - unique taxpayer reference number)
information [...]
Happy Accountant | Accountancy, Accounting, Bookkeeping, HMRC, Limited Company, Pay, Small Business, Tax
Monday 03 Mar 2008
As soon as you take anyone on where any of the following conditions apply, you need to register with HMRC as an employee.
the employee already has another job
the employee receives a pension (state or occupational)
the employee will earn at or over the PAYE (tax) threshold
the employee will earn at or over the lower earnings threshold [...]
Happy Accountant | Accountancy, Accounting, Bookkeeping, HMRC, Limited Company, Pay, Small Business, Working for yourself
Friday 08 Feb 2008
Online banking is now normal for many individuals and businesses. It is great for keeping right up to date with your bank transactions. It’s also a great way to save money: many banks will charge business customers for processing cheques (either drawn by the business or paid in), however some banks will not charge for [...]
Happy Accountant | Accounting, Friday Blog, Saving Money, Small Business, Working for yourself
Monday 07 Jan 2008
A bad debt is a debt that is unpaid possibly because the customer has gone bankrupt or more often simply because the customer refuses to pay for some reason.
Whatever the reason, a business may decide that a particular debt is unlikely to ever be paid and thus declare that debt “bad”.
Happy Accountant | Accountancy, Bookkeeping, Small Business, Working for yourself
Monday 03 Dec 2007
It is quite common to offer a settlement discount to customers who pay within a certain timescale. The main reason for offering such a discount is to aid cash flow. However, do not miss the sales/marketing advantage that this also offers: Make sure that all your customers are aware that you are offering a settlement [...]
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Happy Accountant | Limited Company, Small Business, Working for yourself
Friday 26 Oct 2007
On a more personal note - the name of my own company is now Figurate Ltd.
The legal name change at Companies House was quite straightforward. It took a little more time to communicate the change to my clients and bank. However, what will take the longest is changing all the directory/advertising entries that had been set up [...]
Happy Accountant | Companies House, Figurate, Small Business, Working for yourself
Thursday 25 Oct 2007
People to tell:
Your customers
Your employees
Your suppliers
Your bank
HMRC (the tax man)
Professional bodies/trade associations
Other things to do:
maximise the marketing opportunity
change your business stationery
obtain a new domain name and relaunch your website.
update all your advertisements
Happy Accountant | HMRC, Limited Company, Planning, Saving Money, Small Business, Website, Working for yourself
Wednesday 24 Oct 2007
The other method of changing the name of a limited company is by written resolution.
This is a resolution passed unanimously by the members (shareholders) of a company. All the members are then required to sign and date the document.
A Change of Name by Written Resolution form (NC20) is also available for download at the Companies House [...]
Happy Accountant | Companies House, Company Secretarial, Limited Company, Small Business, Website
Tuesday 23 Oct 2007
There are two ways of changing the name of a limited company, the first of these is by Special Resolution.
This is a resolution that must be passed at a general meeting of the company with a majority of 75%. An ordinary resolution only requres a 51% majority.
A Change of Name by Special Resolution form (NC19) [...]
Happy Accountant | Companies House, Company Secretarial, Limited Company, Small Business, Working for yourself
Monday 22 Oct 2007
It’s always best to chose a good name for your business at the outset , but in case you hadn’t, it is possible to change the name of a limited company after it’s registered.
You must first check to make sure that the new name you have chosen is available. This can be done online using Comapnies House [...]
Happy Accountant | Companies House, Company Secretarial, Limited Company, Small Business, Working for yourself
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