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Removing your home address from the public register

by admin | Apr 1, 2020 | Corporate Governance & Regulation | 0 comments

Company directors, company secretaries, people with significant control (PSC) and LLP members can apply to remove their personal addresses from the UK’s official company register at Companies House.  Prior to the introduction of this law (in April...

Companies House deadlines and Coronavirus

by admin | Mar 25, 2020 | Corporate Governance & Regulation | 0 comments

There are automatic late filing penalties which are designed to encourage companies to file their accounts and reports on time. All companies, private and public, large or small, trading or non-trading must send their accounts to Companies House. Companies House is...

Reminder to keep company records

by admin | Jan 29, 2020 | Corporate Governance & Regulation | 0 comments

A recent County Court case serves as an important reminder to comply with the requirements to preserve and maintain proper company accounting records. The case concerned a fast food takeaway company in Walsall. The sole director of the company was found to have failed...

Money laundering and terrorist financing

by admin | Jan 15, 2020 | Corporate Governance & Regulation | 0 comments

The money laundering rules are designed to protect the UK financial system and put in place certain controls to prevent businesses being used for money laundering by criminals and terrorists. The money laundering and terrorist financing (amendment) regulations 2019...

Close down a company by striking it off the register

by admin | Jan 15, 2020 | Corporate Governance & Regulation | 0 comments

There are a limited range of circumstances when a company can request to be removed from the register (known as being struck off). For example, a voluntary strike-off can be requested by a dormant or non-trading company. A limited company can be closed down by using...

Accounting periods if company has two or more trades

by admin | Dec 4, 2019 | Corporate Governance & Regulation | 0 comments

A tax accounting period for Corporation Tax purposes cannot exceed a 12 month period. If company accounts cover less than 12 months then the accounting period will normally end on the same day, and thus will be shorter than 12 months. This can happen if the...
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