Fotis Grontas & Assosiates on September 8, 2018
What are the differences between PLCs and LTDs
What is a private company? Most companies in the UK are private limited companies (LTDs). They are legally distinct entities with their own assets, profits and liabilities; the personal finances of any shareholders are protected by limited liability (ie their liabilities are limited to the value of their shares). Shares...
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Fotis Grontas & Assosiates on June 21, 2018
What are allowable expenses for self employed in the UK?
If you’re self employed in the UK then each year you’ll have to fill out a self assessment tax return to HMRC, showing your income for the year and the income tax you are liable to pay based on that. Part of completing your self assessment is comprised of figuring out your expenses –...
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