Business Accountants in London

Many people have this question in their mind when starting up a limited company that either they can buy a car under the company name or not. Yes, you can buy a car under your company name but this option is a lot more complicated in terms of paying taxes than you think. You may have to look for possible and definite expenses while claiming for corporation tax return and benefits. In this blog, you can learn good and bad things related to buying a car for your company. Business or Personal use of the Car This should be the most critical concern for you when buying a company car as it will detail the tax rules over the car. You must determine that if you are going to use the car for business purposes or you are going to use it personally. If the car you buy indulges in company-related journeys, then you can claim the tax of benefit from HMRC by the help from professional accountants . If you are using the car for personal use, even the journey from home to work and vice ver...

People seek opportunities for success all around the world thus make their stops at the company formations possibilities in various nationalities. In the UK, there is a huge bundle of work involved in the formation of a company but its not an entirely impossible task. Thousands of people are doing this and so can you. You can open and run a company in the UK while sitting somewhere else in the world. This involves a great deal of effort and some responsibilities to fulfill. Possibility for a Non-Resident to Register a Company Yes, it is possible to form a company in the UK. You can easily gather information and take the right steps to follow the successful formation. The rules and steps are the same for national and non-residents for the company formations in UK . However, its best to complete the tasks in person by visiting the country and then carry the operations from anywhere in the world but many people manage to form the companies while living away which is also pos...