- Email: Info@121companyformation.Co.Uk
- Phone: +44 (0)203 8932 121
26 Dec
The Ultimate Essential Guide to Tax Identification Numbers
Introduction Navigating the complexities of UK tax laws can feel like walking through a maze, especially for business owners, entrepreneurs, and anyone unfamiliar with the local regulatory landscape. One crucial yet often overlooked piece of the puzzle is the Tax
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
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
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
24 Jun
Made an error on your tax return?
You may be able to claim overpayment relief! As official corporate tax accountants, we know firsthand how easily errors could potentially slip into a tax return filing. So, for our clients who are determined to manage their own tax returns,