Limited Company

Distributable profits are the maximum amount of reserves a Company has available to pay to its shareholders as a dividend at any one time. Typically that is the total profits remaining after deducting all business expenses and taxes from income all the years a business has been in existence.

Find out how SIC codes work, why Companies House use them and how you can find out the right SIC code for your Limited Company

A dormant company is a great way to reserve a name for your business at Companies House, but it does have filing requirements and there are penalties for missing them. Read this guide for a detailed overview of the requirements.

A guide to accounting reference dates for Limited Companies, including lengthening and shorting accounting periods and using them to avoid penalties.

Understand accounting periods for Limited Companies, how they affect filing deadlines and the benefits changing them can bring.

In this guide, I’ll show you how to calculate corporation tax using an easy-to-follow example, along with where you can find more resources on how to reduce your corporation tax bill using allowances, reliefs and other adjustments.

If you own a Limited Company and, for whatever reason have decided to stop trading and made a tax loss in your final accounting period, then you may be able to use the rules of corporation tax loss relief to generate a tax refund.