What are limited company dividends and how are they taxed?
A guide to dividends for contractors. How much income you draw down as dividends, when to distribute them, and what paperwork you need to complete.
Limited or umbrella company – which is best for contractors?
Which trading structure should you use when you work as an IT contractor? We look at pros and cons of working via a limited company vs. an umbrella.
Company formation – the Certificate of Incorporation
When you set up a new company, you will get a Certificate of Incorporation, which you may be asked to produce at various stages in your business life.
Taking a break – how to make your limited company ‘dormant’
There may be a time when you want to take a break from contracting or other business activity, whilst keeping your limited company in an 'inactive' state.
As a company director, can I keep my home address private?
If you don't want a limited company director's residential addresses to appear on the public record, you can provide a service address instead.
Limited company dividend voucher and board meeting minute templates
A company may distribute any retained profit it has made to its shareholders. Board meeting minutes and dividend vouchers must be completed in all cases.
Choose a limited company name — and what to do If you change your mind
If you want to set up as a limited company contractor, there are some things you should look out for when selecting a company name.
Can anyone become a limited company director?
The UK has one of the most unrestricted company formation regimes in the world, however not everyone is allowed to become a company director.
Contracting via a limited company – advantages and disadvantages
We look at the advantages and disadvantages of contracting via a limited company - a tax efficient option for many, however directors do carry a number of statutory and financial obligations.
A limited company owner’s guide to the Confirmation Statement
The confirmation statement confirms that all of your company information is accurate and up to date and that your company is compliant with company law.