Limited Company Help

Thinking of setting up a limited company, or are you a seasoned company owner?

LCH contains concise guides to everything from company formation to dealing with tax and taking on your first employees. 

Try our Company Formation and Tax Guides to get started, and follow us on Twitter.

dividend allowance 2018
Tax & Accounting

What is the dividend allowance?

In April 2016, a new ‘dividend allowance’ was created – a nil-rate tax band on the first £5,000 of dividend income. This allowance threshold was short-lived, however, and was cut to £2,000 from April 2018.

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business plan company mistakes
Business Guides

10 business plan mistakes to avoid

There is no single right way to produce a great business plan but there are a few definite things to avoid at all costs. Steer clear of the following ten common mistakes and you’ll increase your chances of convincing potential investors that you really do mean business. 1. It’s not all about you Your personal

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Write a business plan
Business Guides

How to write a business plan for your limited company

A good business plan sets out what you want to achieve and how you intend to make it happen in clear and simple terms. It doesn’t have to be a hefty document and definitely shouldn’t be long-winded, especially if you’re trying to persuade your bank to fund your enterprise, attract new investors, or motivate staff.

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expenses membership professional
Expenses

The tax treatment of professional subscriptions

Whether you work as a freelance contractor, director of a limited company or business owner, joining a trade association can help to keep you up to date with what’s going in your industry and be a useful forum for discussing new legislation, finding contacts, or sourcing work. Typically, you’ll have to pay an annual subscription

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statutory registers company
Limited Company Guides

What are a company’s statutory registers?

All companies must keep up-to-date statutory registers and ensure they are available for inspection on request. Statutory registers include important information about the company such as the names of members and how many shares each one holds.

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company hardware software expenses
Expenses

Tax treatment of company hardware and software expenses

Computer hardware and software are two essential expenses for any modern business and costs can run into the thousands, but what can you legitimately claim for on your annual tax return? This type of business expense can often be a tricky area for contractors and freelancers, especially if you are installing new software or using

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what does limited liability mean
Limited Company Guides

What does limited liability mean?

In the UK, there are four main types of limited liability companies: Private limited companies limited by shares, private limited companies limited by guarantee, private unlimited companies, and public limited companies. Sole trader and general partnerships aren’t companies as such as neither is a legal entity. Another business structure is a limited liability partnership, which

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