Companies Act 2006 - 1 Oct 2009
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Companies to use new statutory forms for filing statutory information to Companies House.
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Directors to provide service address for public record instead of residential address.
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Companies to provide Single Alternative Inspection Location - SAIL address if company records and registers are not kept at registered office.
Reminders for Directors
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Registrar of Companies issue late filing penalties from £150 to £7,500 to companies if file company accounts late.
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Companies House maintains companies information for public inspection.
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Companies House will remove Companies and LLP if Annual Return was not filed on time.
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Small and medium sized companies are eligible to file abbreviated accounts to Companies House which put less information for public records.
VAT Administration and Obligations
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Small businesses must register for VAT if sales are expected to be more than £68,000.
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VAT Registered companies must file VAT returns to HMRC promptly.
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Small companies may opt for VAT cash Accounting Scheme if sales are below £1.3 million.
Our accountants are highly trained with years of experience in assisting startup and established businesses not only to take care of their legal obligations under relevant laws but also to provide valuable input to their business systems.
