Accounting News & Insights

The Confirmation Statement is an annual requirement for UK companies to ensure that their records with Companies House are accurate. It replaced the Annual Return in 2016, streamlining the process to simply confirm existing details or update them if anything has changed. Filing on time is vital to avoid penalties, maintain compliance, and ensure transparency for shareholders and other stakeholders.

"Incorporating your business in the UK comes with big benefits like limited liability and tax advantages. Our simple guide walks you through the process step by step—from choosing a name to registering with Companies House.

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If you’re earning money as a content creator or influencer, taxes might feel overwhelming, but they don’t have to be. From understanding trading income to navigating the £1,000 allowance, this guide breaks down everything you need to know to stay on top of your financial obligations. Dive in to learn how you can keep HMRC happy while focusing on growing your brand.

Understanding audit exemptions can save you time and resources while ensuring compliance with the law. This guide will walk you through everything you need to know about audit exemptions for private limited companies.

Managing finances can often be a daunting task, with numerous numbers and documents to keep track of. However, with the help of...

Are you looking for efficient bookkeeping solutions that will simplify your accounting needs? Look no further than LKO Accounting. As a...