- Email: Info@121companyformation.Co.Uk
- Phone: +44 (0)203 8932 121
16 Aug
Taxing Times Ahead: How the General Election Could Impact Your Business
As the UK prepares for a summer General Election on July 4th, businesses and individuals alike are bracing themselves for potential tax changes that could significantly impact their bottom line. With Labour leading the polls by a substantial margin, many
13 Aug
The Mystery of the PAYE Tax Code: Decoded! (And Why It Matters More Than You Think)
Ever wondered why your payslip shows a different amount deducted for tax each month? It’s not a magical money leprechaun (although wouldn’t that be nice?). It’s all down to your PAYE tax code – a seemingly cryptic string of letters
13 Aug
Budget Blues Solved? Demystifying the Spring Finance Bill for UK Businesses
The confetti’s settled, the celebratory champagne corks have popped (or perhaps a celebratory cup of tea, depending on your budget!), and the dust has settled on the Spring Budget. But for many business owners in the UK, there’s one lingering
12 Aug
Selling Your Business? Don’t Get Stuck with a Big Tax Bill: QCB Deferral Explained (for UK Businesses)
Congratulations! You’ve just sold your UK business – a fantastic achievement. But before you celebrate with a fancy vacation (you totally deserve it!), there’s one more hurdle to navigate: capital gains tax (CGT). This is where things can get a
08 Jul
Navigating the Cryptic World of Crypto Taxes: A Guide by 121 Company Formation Ltd.
In an era where digital innovation leaps bounds faster than a hare in a hurry, the realm of crypto assets has emerged as the modern-day treasure trove, albeit one that exists in the ethereal world of computer servers. As the
20 Oct
VAT – To Register or Not Register?
First things first, what is VAT?Value Added Tax – aka VAT – is the 20% tax that consumers pay to businesses when they purchase their products and services. While your business may collect VAT, it never belongs to you; it
25 Sep
The 2023 Small Business Must-Have Checklist
As we wave goodbye to 2022 and welcome all the possibilities of a new year, we wanted to provide a brief but informative blog about what the new 2023 era means for small business owners. Here’s a succinct list of
18 Aug
The 2023 Small Business Must-Have Checklist
As we wave goodbye to 2022 and welcome all the possibilities of a new year, we wanted to provide a brief but informative blog about what the new 2023 era means for small business owners. Here’s a succinct list of
26 Jul
Is Your Dividend Payment Illegal?
Is Your Dividend Payment Illegal? You do your due diligence and invest in a company, you may even be one of the company’s directors, putting in the work on a daily basis to help ensure that the company becomes a
12 Jun
Keep Your Eyes Out and Ears Open for the New “Making Tax Digital”!
Two years may sound like eons away when it comes to your business. However, with fundamental changes to the administration of the UK tax system coming down the pipe, business owners should take every opportunity to start getting apprised of