http://www.envision-uk.com/blog/ The latest Blog feeds from www.envision-uk.com en-us Thu, 14 May 2026 00:45:19 +0100 Rocketspark http://www.envision-uk.com/blog/post/21338/new-statement-of-lawful-purpose-rule-required-by-companies-house/ When you incorporate a company from 4 March 2024, the subscribers (shareholders) will need to confirm they’re forming the company for a lawful purpose. You’ll also need to confirm the company’s intended future activities are lawful on the confirmation statement. Companies House may take action against your company if they receive information that confirms you’re not operating lawfully.They will not accept your documents if these statements have not been confirmed.Existing companies ... Thu, 08 Feb 2024 11:06:51 +0000 http://www.envision-uk.com/blog/#post21338 http://www.envision-uk.com/blog/post/21335/new-requirement-to-register-an-email-address-with-companies-house/ From 4 March 2024, there will be a new requirement for all companies to give a registered email address to Companies House.Companies House will use this email address to communicate with you about your company, so it's important that you choose an appropriate email address. You can register the same email address for more than one company.You will be able to change your registered email address through their new ‘update a registered email address’ service.Companies will have a duty to mainta... Thu, 08 Feb 2024 10:06:41 +0000 http://www.envision-uk.com/blog/#post21335 http://www.envision-uk.com/blog/post/21279/new-rules-for-registered-office-address-with-companies-house/ From 4 March 2024, there will be new rules for registered office addresses which mean companies must have an ‘appropriate address’ as their registered office at all times.An appropriate address is one where:any documents sent to the registered office should be expected to come to the attention of a person acting on behalf of the companyany documents sent to that address can be recorded by an acknowledgement of deliveryThese changes mean you will not be able to use a PO Box as your registered... Wed, 31 Jan 2024 12:36:37 +0000 http://www.envision-uk.com/blog/#post21279 http://www.envision-uk.com/blog/post/19797/resilience/ It’s a tough time now for owners of small businesses. Many businesses were forced to close or dramatically scale back during the pandemic and now we are having to deal with the impact of inflation.  Although the last few years have been extremely tough, highs and lows are a normal part of business, and we must learn to ride them out. We do that by building resilience into our business. Resilience is the ability to cope with and recover quickly from difficult situations... Tue, 20 Jun 2023 14:06:10 +0100 http://www.envision-uk.com/blog/#post19797 http://www.envision-uk.com/blog/post/19726/plug-the-gaps-in-national-insurance-contributions/ Time is running out for individuals to top up any gaps in their National Insurance Contributions (NICs) records.If you, or any family members, intend to maximise your future State Pension benefits you should check your national insurance record, before 5 April 2023. (now extended to 5 April 2024.)Currently, voluntary contributions can be made to plug gaps back to April 2006, but this will be curtailed from April.In general, to qualify for the maximum ‘new state pension’ (received by those re... Mon, 27 Feb 2023 00:00:00 +0000 http://www.envision-uk.com/blog/#post19726 http://www.envision-uk.com/blog/post/18572/christmas-parties/ The festive season is almost upon us, so it’s time to look at the tax treatment of providing a staff Christmas party. Many employers provide a Christmas party or lunch for employees. However, without consideration of the tax implications, the event may trigger unwanted tax liabilities for the employer and the employee. This article is a reminder of the rules for the tax year 2022/23. Limited tax exemption  The tax legislation contains a limited exemption for annual parties and functions. ... Wed, 30 Nov 2022 10:06:30 +0000 http://www.envision-uk.com/blog/#post18572 http://www.envision-uk.com/blog/post/18469/new-vat-late-payment-and-interest-rules-introduced/ A new penalty and interest regime will be brought in from 1 January 2023 for late filing and late payment of VAT.  From 1 January 2023, a brand-new penalty and interest regime will be rolled out for late filing and late payment of VAT.  In a previous article we looked at the penalties that will apply for the late submission of VAT returns, here we will look at the changes to late-payment penalties and interest. How will the new late-payment penalties work? The new penalties will r... Fri, 11 Nov 2022 15:59:55 +0000 http://www.envision-uk.com/blog/#post18469 http://www.envision-uk.com/blog/post/18389/points-based-regime-introduced-for-late-vat-filing/ From 1 January 2023, a new late filing and late payment penalty regime will be rolled out for VAT returns.  In this article we will look at the late filing penalty regime and we will cover the late payment penalties in a separate article. What’s changing and when? The new penalties will replace the existing default surcharge rules for VAT periods starting on or after 1 January 2023. The new regime will be points based with the taxpayer receiving a penalty point from HMRC every time a VAT... Tue, 01 Nov 2022 09:10:07 +0000 http://www.envision-uk.com/blog/#post18389 http://www.envision-uk.com/blog/post/17692/should-i-buy-an-electric-car-through-my-company/ If you are a director considering buying a fully electric car it can be tax efficient to purchase it through your company. With the high cost of fuel at the moment, many drivers are reviewing their options and a fully electric or hybrid car is being considered by many. To encourage the use of fully electric cars (electric range of 130 miles plus) the government has introduced low benefit in kind tax rates and the rate for 2022/23 and 2023/24 is 2%.  The rate is applied to the list price of ... Fri, 15 Jul 2022 11:28:30 +0100 http://www.envision-uk.com/blog/#post17692 http://www.envision-uk.com/blog/post/16808/4-basic-bookkeeping-tips-to-save-time-and-money-for-your-business/ As a small business owner, the likelihood is that bookkeeping isn’t your favourite task. It is, however, extremely important in order to establish a profitable and financially healthy business that will be around for years to come. Compiling accurate financial data allows you to make informed decisions about the future of your business, whether that’s scaling up, cutting costs or identifying potential problems before they do any real damage. Bookkeeping may feel like a headache sometimes, bu... Tue, 03 May 2022 00:00:00 +0100 http://www.envision-uk.com/blog/#post16808