What Do I Need to Open a Business Account? (How to Get Started)

What Do I Need to Open a Business Account? (How to Get Started)

We provide start-ups with a range of financial products designed specifically for small businesses. These include Business Accounts, Group Payments, Cash Collection and Online Banking. Our Business Account includes: * Access to online banking * Group payments * Cash collections * Expert support Get expert advice from our international team of entrepreneurs, investors, advisors, and…

What Can I Claim for Being Self-Employed? | Which Expenses Are Allowable

What Can I Claim for Being Self-Employed? | Which Expenses Are Allowable

If you are self-employed, you can claim certain expenses against your profits, including those relating specifically to running a business. You can also claim some expenses against your profits that aren’t directly related to running a business. For example, you might claim expenses such as rent, mortgage interest, petrol costs, insurance premiums, repair and maintenance,…

What Are the Filing Requirements for a Limited Company? (Full Guide)

What Are the Filing Requirements for a Limited Company? (Full Guide)

Annual accounts and confirmation statements are required to be filed every year. These are called annual accounts because they show you what happened over the course of the whole year. They include information about the company’s finances such as earnings, profits and losses; assets and liabilities; shareholders’ equity; and cash flows. Confirmation statements are used…

Financial Projections: How to Construct Financial Predictions for a New Venture

Financial Projections: How to Construct Financial Predictions for a New Venture

Financial projections are essential for startups. Whether you’re looking for external or internal financing, creating a forecast spreadsheet based on the business model and assumptions you’ve developed is one of the best ways to understand what you should expect in revenues and expenses. This process helps you avoid surprises, especially when you start growing quickly….

Employee Benefit Schemes: Why Your Organization Needs an Employee Benefits Plan

Employee Benefit Schemes: Why Your Organization Needs an Employee Benefits Plan

Motivate your team to live well with an excellent employee benefits program. In today’s world, it seems like everyone is trying to cut costs wherever possible. This includes employees. When you think about how much money companies spend on employee benefits, it might seem like there’s no way to save anything. However, there are some…

The Responsibilities of Company Officers: What You Need to Know

The Responsibilities of Company Officers: What You Need to Know

Company directors A company director is someone who holds office in a company. They are usually appointed by shareholders or owners of the company. In some cases, there may be several people holding different offices within the same company. The term “company director” is often used interchangeably with “director”, although technically speaking it refers to…