. No matter what industry you operate in, you need advice from someone with knowledge and experience relevant to you. Some accountancy firms will offer their services to any interested party regardless of whether they have any specific knowledge of the industry concerned. We are exceptional in that if we do not have direct knowledge or experience of your business then we will be honest and tell you. We can advise you on all the necessary forms that are required to avoid penalties arising. We can advise you on matters such as National Insurance, VAT registration, whether to operate as a sole-trader, partnership or limited company and operating a payroll scheme. Indeed many of the problems you will face, we will also have faced and we can therefore help you to overcome them.
Many of our clients, particularly smaller businesses, wish to transfer the entire burden of VAT onto our shoulders and this is something we are happy to do, if so required. A more cost effective method is for our clients to prepare their own VAT returns and then submit them to us for checking. We are of course always available to lend a helping hand. We benefit from the many years of practical experience that our directors and staff have in the fields of accountancy support, company administration and taxation advice, ranging from small practices to national firms, and from university lecturing to teaching the professional accounting examination syllabus.
Tax & Financial Planning: Whether your goal is a simple retirement, the sale/flotation of your business, or even a divorce! We will assist you to map out your short, medium and long-term goals, and minimise any tax that you might have to pay. Capital Gains: share splits, buy-backs, scrip and rights issues and the like will complicate your affairs and "tax" the patience of most people. We will guide you through the process, and re-construct your holdings history if needed. UK and offshore trusts: very common, but often equally complicated. Loved by some, but feared by others. An essential ingredient of many effective tax-planning schemes. Domicile status: not to be confused with tax "residence", and you may have lived in the UK all your life, but establishing a non-UK domicile status can have major tax advantages.
Choose one of the following packages that will best serve you:
Further information
Coddan offers company formation, ready-made company registration for UK limited companies. We offer electronic filing enterprises & registering corporation services. In addition to business registrations we offer trademark registration, shareholder agreements, toll-free numbers, telephone answering, virtual office and company searches for UK limited companies. You are an accountant for whom company establishment is a frequent activity or an individual ordering your first company registrations. Limited company startups and UK trading company. Sameday limited companies Ltd Co formations with fast formation in around 2-4 hours. Company Registration - register your company instantly low fees start your successful business.
Register your company easily online or setting up an Ltd company? Quick paperless company formations or even faster limited company set up. Comprehensive, professional company registration services. Incorporation & business starting-up advice, express company establishment. Great value business registration, register your company online. Business start-up & open new company advice. Forming your company officially with Companies House, we offer professional company startups. Get your company formed in one day, we may helps with practical online help & advice on LLC registration in London, Edinburgh, Glasgow, Chelsea, Manchester etc. Start a company by incorporating or forming a LTD, PLC or LLP at Coddan. Learn about incorporation & how to incorporate your business online.
Whether you start-up online, register London business or form a corporation Scotland, we can help you understand the business start-up process for filing LTD United Kingdom. Incorporate or Form an LLC - Online! Company registrar United Kingdom, limited company formations & corporation registration, electronically LLC online, very easy and informative. In addition to private companies Great Britain, we offer trademark registration, shareholder agreements, 0870 numbers, telephone answering, virtual office and company searches for English companies. Information to help start, grow or manage a small business. If you are starting a business Edinburgh or starting own business Northern Ireland, read our starting business Republic of Ireland guide.
Home business and small business training and ideas site to help you start Belfast, grow, and expand a home-based business or search for the work at home job right. An outline of the general steps for incorporation in Great Britain, explaining how to incorporate your business Dublin, from choosing where to incorporate your business. UK ready-made company formation services and company registrations online, our offices keep a stock of ready made companies, and would be happy to supply details on request. We offer offshore ready-made companies in different jurisdictions, readymade companies also called as offshore companies, shelf companies for sale.
Welcome to the UK Taxation Directory, an independently compiled catalogue of www.ukincorp.co.uk sites and material of potential interest to tax professionals and others seeking on-line information on UK tax matters.
If you work for an employer in the UK or if you are a self-employed contractor in the UK, income tax deducted from your pay. If your work in the UK is for a temporary period, you will most likely be entitled to a British tax refund. As specialists in international tax refunds, we will reclaim the maximum possible refund entitlement for you. The amount of your refund will depend on a number of factors including your gross income, the length of your stay, the amount of tax deducted and how you apply. As specialists in UK tax refunds, we will guarantee to organise the largest possible refund for you. We are the only tax refund service that will obtain replacements for you. Please note that this will cause a delay in the refund process.
Yes, although we have found that the majority of people who work in the UK prefer to use our service because the process of reclaiming tax in the UK is extremely complicated and time consuming. Additionally, as specialists in international tax law, we normally reclaim a higher refund amount. If you live and pay tax in the UK you must declare rental income from overseas property lettings on the foreign pages of your tax return. If you pay foreign tax on the income, you can usually get credit for this against the UK tax you have to pay on it.
You have to declare any income you get from overseas property lettings on the supplementary foreign pages of the Self Assessment tax return. If you're in the UK for 183 days or more in a tax year, you're a resident for that year for tax purposes.
If you come to live in the UK permanently or to remain for three years or more you're resident from the date of arrival. You are also treated as resident if you're in the UK for an average of 91 days or more in a tax year (worked out over a maximum of four consecutive tax years). You will have to pay tax on the income from the letting whether or not that income is brought into the UK. This is known as the arising basis of assessment. You can deduct the same expenses and allowances from overseas property letting income as from UK property letting income, including travel costs. (The expenses must be solely for running your property letting business.) Because all overseas property lettings are treated as a single business, losses from one overseas property are automatically offset against profits from the others.
In addition, if you make a loss overall, you can offset it against future years overseas rental profits.
Corporation Tax is a tax on your company taxable income or profits. The current rates are available on the Rates and Allowances page. You must tell us that your company exists and that it is liable to tax. The word company is also used to include: members' clubs, societies and associations, trade associations, housing associations, groups of individuals carrying on a business but not as a partnership, (for example, co-operatives.) What you have to do: for Corporation Tax, companies: have to work out their own tax liability, have to pay their tax without prior assessment by the Inland Revenue, and are liable to penalties if they do not deliver a return by the statutory filing date, normally 12 months after the end of the accounting period.
Corporation Tax is due for 'Accounting Periods' which are normally 12 months long. Accounting periods can, in some circumstances be shorter than 12 months but never longer.
Bookkeeping & Accounting: We can relieve you and your staff of an enormous burden by taking care of all your bookkeeping and accounting needs, including the preparation of your annual accounts. You can choose as many of our services as you need. Here's what we offer: Accounting Debtor chasing and management Supplier reconciliations and payments Processing cheques paid and amounts received Monthly bank reconciliations Full annual accounts preparation and submission as necessary Annual returns for limited companies Filing accounts with Companies House We are charging a £150.00 fee for Bookkeeping & Accounting (40 invoices per month)
Payroll
£ 80.00
Payroll: Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. We have dedicated staff who can relieve you of this burden by providing a comprehensive and confidential payroll service, including: Customised payslips Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc Completion of statutory forms, including year end returns, to issue to your employees and submit to the Inland Revenue Summaries and analyses of staff costs Administration of pension schemes Payroll reporting individually designed to suit the business needs Preparation and submission of all year end reports We are charging a £80.00 fee for Payroll preparation (5 Employees)
VAT Preparation
£ 70.00
VAT: Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT. We provide an efficient cost effective VAT service, which includes: Assistance with VAT registration Advice on VAT planning and administration Use of the most appropriate scheme VAT control and reconciliation Help with completing VAT returns Planning to minimise future problems with Customs and Excise Negotiating with Customs and Excise in disputes and representing you at VAT tribunals SFiling accounts with Companies House We are charging a £70.00 fee for VAT Preparation (1-20 invoices per month)
UK COMPANY REGISTRATION SERVICE. REGISTERING COMPANY IN THE UNITED KINGDOM
Welcome to Coddan online UK company registration agent website. We offer electronic British company registration and electronic filing of documents. Your English and Scottish company is registered electronically as soon as we receive your details (and payment) it could not be done any more easily or quickly. We review your choice of company name etc and Companies House make a number of checks (to verify the registered address details etc) and your company is registered as soon as this process is complete. It can take three hours, it may take twenty-three hours, it all depends on how busy Companies House staff and systems are. We send your package to you by first class recorded delivery, as part of the service. We also offer Nominee Company Secretary and Registered Office facilities in addition to UK company registrations.
We will register your new company in the United Kingdom with your intended directors, company secretary, registered office and shareholders all in place and recorded at Companies House at the time of registration, although we can of course still use our nominees for incorporation purposes if you prefer. We complete all the minutes, statutory registers and official documents on your behalf, and ensure that all necessary forms and resolutions are correctly filed with the Registrar of Companies.
Our Service
We provide a fast online service for company registration, LTD company formation, and business incorporation in England, Wales and Scotland. When first setting-up a business there are many issues to consider. You need to decide whether or not to incorporate your business, and to choose a structure for your business. There are several types of legal business entities which you can choose to operate as. For more information on these choices, follow the links below. We advise that professional legal and financial advice is obtained before a final choice of business entity is made.
Coddan is a leading service provider in the field of English, Scottish and Irish company formation and company registration. We can help you in starting a business in England & Wales Scotland and Northern Ireland. Over 95% of our companies are incorporated within 6 hours. The electronic submission of information enables a fast company start-up satisfying all of the required legal formalities: a director, a secretary, a registered office and shareholders. Our electronic filing software has been approved by Companies House.
Live Help: Live Help is a real time "chat" feature which enables you to interact with a customer service representative without a phone call. Get answers to your questions while using our website. Clicking the "Live Help" button will start an on-line session with one of our representatives. Live Help is currently available during normal business hours. Outside of the above opening hours, our business center will be closed. When you click on the button, you will see an e-mail form that will allow you to send us a mail with your questions. Live Help is free! There are no hidden fees. We offer the service as a courtesy to our website visitors.
Dear visitors, while having a chat session with a customer, we are frequently requested to give a piece of advice on tax planning or business structuring. We would like to inform you that it is against our principles to provide online advice pertaining to these issues. The points that may be covered during a session include service description, package or service price, navigation at our website, ways of making an order, methods of payment etc. Yet, if you wish us to provide you with advice on tax or business structuring, you should be aware that this service is chargeable.
We accept phone orders during normal business hours. Credit cards are the preferred method of payment; we accept VISA, MasterCard and Delta. We can accept payment in UK Pounds Sterling, US Dollars, Euros, Australian Dollars and Canadian Dollars. If you call and receive voicemail, just leave your name and number, as clearly and as possible, and we will call you back as soon as possible.
Monday - Friday: 9:30am to 17:30pm Saturday: (offices are closed) Sunday: (offices are closed) Holidays: (offices are closed on all recognized UK holidays).
Money and Payment Policy: Coddan accepts all major currencies. We accept Visa, Visa Electron, Visa Purchasing, JCB, MasterCard, Solo, Switch and Delta. We do NOT charge "surcharges" for credit card transactions. If you do not feel comfortable transmitting your credit card number and other information on the Internet, we suggest you place an order online, choose "Credit Card via Phone" as the payment method, and then phone in to give us your credit card number over the phone. We will charge your credit card manually. Pre-payment with cashier's check or money order is accepted. We accept wire-transfer from anywhere. After you place your order, details about the wire-transfer process will be e-mailed to you on the second e-mail notification. If you missed that e-mail, please call our toll-free number that is given on the order confirmation.
INCORPORATE IN THE UK:
Did you know? The UK is the most favoured inward investment location in the European Union. The UK attracts around 40% of all US investment in the European Union. Around 45% of UK outward investment goes to the US. About one million Britons are employed by American companies and about one million Americans are employed by UK companies. London is host to more major international corporations than any other European country (It is the HQ of 130 out of the world's top 500 companies).
Historically the UK has depended on international trade more than most countries. These traditions are reflected today in policies welcoming inwards investment and stimulating exports. These policies have resulted in the increasing pre-eminence of the UK among European countries, especially in high technology areas, as a centre for investment for North American businesses expanding into Europe. Also important are the other natural relative advantages of language (especially) and the similarities in many respects between the UK and the USA of business patterns and practices, legal systems and institutions.
These notes are only intended to give an outline guide to some of the current UK legal and regulatory issues which are relevant to overseas companies doing business in the UK and are by no means exhaustive. The legal system in the United Kingdom is both common law and statute based. The UK comprises three separate jurisdictions, England and Wales, Scotland and Northern Ireland. Whilst the laws are similar in each jurisdiction, they are not identical. The information contained in these notes is based entirely on the law applicable in England and Wales.
The UK is also one of the 25 member states of the European Union ("EU"). The rules of the EU (which was established by the Maastricht Treaty which added two so-called "pillars" dealing with foreign and security policy and justice and home affairs to the existing economic and monetary pillar embodied in the European Community Treaty) are contained primarily in these and other treaties, and in legislation made by various European institutions, such as the Commission, under these treaties.
One of the fundamental principles which lies at the heart of the European legal order is that European law has priority over any conflicting law of the member states. As a result national courts of the member state are not only bound to apply European law, but may not give effect to any national law which is inconsistent with applicable EU rules. EU law is therefore an integral part of the law in the UK.
The UK used to pride itself on being a lightly-regulated jurisdiction, in which if a matter was not prohibited by specific law, it could be regarded as permitted, subject only to the general controls of the common law. That proposition has become increasingly tenuous in the commercial arena, primarily as the UK has been required to adopt into national law, certain mandatory EU Directives. Much of the new regulation relates to specific industry sectors, and is therefore outside the scope of these notes, but some examples are set out below:
UK LTD Companies from only £32.00! All Inclusive Company Registration. Each limited company package includes all statutory paperwork and is fully compliant with company law. All our private UK companies are general trading companies and can be used to conduct any type of business. A Certificate of Incorporation, and the Memorandum and Articles of Association of your company will be sent to you upon formation of your company. You can appoint your own directors and secretary BEFORE company incorporation. This is absolutely FREE. Our 4-8 hour online incorporation service enables you to register your company quickly and effortlessly. All government and filing fees are included in the cost of our E-Quick pack. All certificates and documents will be sent directly to you via email immediately following the formation of your company. It will take just 5 minutes to complete the online registration form, then your company could be up and running within 4-8 working hours.
THE E-QUICK PACKAGE CAN BE UPGRADED WITH ANY OF THE FOLLOWING FEATURES:
1. Company Pliers Seal - £20.00. 2. Laminated Hard-copy of the Certificate of Incorporation - £5.95. 3. Laminated Hard-copy of the Certificate of Incorporation, Bound Copies of the Memorandum & Articles, and Combined Company Register - £12.95. 4. Domain Name Registration for two years - £16.00. 5. Provision of a Registered Office Address for 12 months - £50.00. 6. Provision of a Nominee Company Secretary for 12 months - £49.95. 7. Certificate of Good Standing - £35.00. 8. Notarisation & Apostille of Documents.
Contract Terms: Attempts to limit or exclude liability are regulated under the Unfair Contracts Terms Act 1977, unless the contract is "a contract for the international sale of goods". A contract term or notice will be void if it seeks to exclude or restrict liability for death or personal injury caused by negligence. Limitations or exclusions for other types of loss are not prohibited, unless they are contained in written standard terms of business, in which case they must be reasonable to be enforceable.
The Sale of Goods Act 1979 (as amended), the Supply of Goods and Services Act 1982 (as amended) and other associated legislation contain terms which are implied into contracts for sale between a seller and a consumer in the UK. These include that the goods must be fit for their intended purpose, must conform with their description and must be of satisfactory quality. These implied terms may however be excluded if the agreement is a "contract for the international sale of goods", which is narrowly defined in the relevant legislation.
Under the Unfair Terms in Consumer Contracts Regulations 1994 a contract deemed unfair may be completely void and unenforceable against a consumer. In particular, the statutory implied terms referred to above cannot be excluded in consumer contracts and can only be excluded in other contracts if the exclusion is reasonable.
Consumer Credit: The Consumer Credit Act 1974 requires most businesses that offer goods or services on credit or lend money to consumers to be licensed by the Director General of Fair Trading.
Data Protection: Any legal entity which holds personal data must comply with the Data Protection Principles set out in the Data Protection Act 1998 and in most cases should notify to the Office of the Information Commissioner what data it holds, and for what purposes.
Distance Selling: The sale of goods and services to consumers by distance communications (including telephone sales and e-commerce) is tightly regulated and relevant legislation includes provisions relating to the right of consumers to cancel contracts, and statutory requirements for the provision of certain information to the consumer.
Human Rights and Commercial Activity: Although the legislation is aimed at public bodies such as government agencies, the fact that the courts of England and Wales are subject to its provisions, means that in practice businesses and individuals can claim rights under the Human Rights Act 1998.
Late Payment of Debts: All commercial traders are entitled under the Late Payment of Commercial Debts (Interest) Act 1998 to claim interest on late payment of debts from other commercial traders (currently at a rate of 8% above Bank of England base rate).
Advertising Content: Although the UK has only light regulation of what in Europe is often termed 'Unfair Competition' (such as comparative advertising campaigns), the Advertising Standards Authority has extensive powers to investigate complaints about claims made and other content in advertising and marketing materials.
Promotions and Lotteries: There are complicated regulations governing games and competitions and the offer of prizes to consumers.
Guarantees: Sale and Supply of Goods to Consumers Regulations 2002, place a statutory obligation on the seller or the manufacturer to repair or replace or to give a full or partial refund (depending on the circumstances) for goods which do not conform with description or are unfit for the purposes of the consumer. The time limit on this obligation is up to six years from the date of delivery, and in the first six months after delivery the onus is on the seller to prove that the fault was not present at the time of the sale. The Regulations do not apply to services except for unsatisfactory installation of goods. Under the Regulations, guarantees (or "warranties") offered free with a product can now be enforced through the courts.
UK Competition law has been substantially revised by the Competition Act 1998 which embodies most of the main UK legislative provisions on competition. The Competition Act 1998 brought UK competition law into line with competition law in the European Union by introducing prohibitions similar to those under Articles 81 and 82 of the EC Treaty. These provisions prohibit anti-competitive agreements and abuses of market power. Parties found to be in breach by the relevant UK authority (the Office of Fair Trading) face being fined up to 10% of their United Kingdom turnover for the year of infringement, whereas the penalty at the EU level can be as much as 10% of world-wide turnover.
As a result of the Enterprise Act 2002, engaging in certain anti-competitive behaviour (e.g. cartels and price fixing) is now a criminal offence punishable by fines and/or imprisonment. A substantial review of the procedures concerning the enforcement of European competition law has now been completed. As a result and effective as from 1st May 2004 certain enforcement powers exercised by the European Commission in relation to Article 81 and 82 of the EC Treaty will devolve