Crucial Updates to the Dividend Allowance for 2024/25

As the 2024/25 financial year approaches, UK taxpayers must be aware of crucial changes to the dividend allowance 2024/25. Whether you are an investor or business owner, these updates are set to impact your income, tax obligations, and overall financial

Duties of a Company Director

The Role and Duties of a Company Director: A Comprehensive Guide

The Role and Duties of a Company Director are pivotal in today’s dynamic business environment, the role of a company director has never been more critical. Directors are entrusted with the responsibility of guiding their organizations through both opportunities and

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

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

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

business checklist

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

10 Reasons to Choose 121 Company Formation for Your Business Setup

Starting a new business can be both exhilarating and daunting. As a budding entrepreneur, you want to ensure everything is done right from the start. And that’s where 121 Company Formation Ltd comes in. Here are 10 reasons why choosing

Filing An Annual Confirmation Statement – Why It’s An Absolute Must!

Filing An Annual Confirmation Statement – Why It’s An Absolute Must! All limited companies and limited liability partnerships (LLPs) registered in the United Kingdom must file a confirmation statement with Companies House (the UK’s official registrar of companies) at least

Launching a Business? Five Critical Criteria That You Need to Review First!

Launching a Business? Five Critical Criteria That You Need to Review First! We sincerely applaud anyone who decides to pursue their dream of running their very own business endeavor! There are a plethora of resources out there to help you