Crossley & Davis
Accountants & Business Advisors
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Starting a new business is exciting, but it also comes with a long list of responsibilities. One of the best moves you can make early on is bringing an accountant on board. But what exactly does an accountant do when you first start a company? In this blog post, we’ll walk through the key ways…
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Thinking of starting a limited company in 2025? With new Companies House rules around identity verification, it’s more important than ever to get things right from day one. Here’s a simple, step-by-step guide to forming a UK limited company the compliant way. Step 1: Choose Your Company Structure For most small business owners, a private…
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Mandatory identity verification is coming to Companies House in 2025. Here’s everything UK businesses must know and how to prepare. What is Companies House Identity Verification? From 2025, Companies House will require all: to verify their identities digitally. This change, part of the Economic Crime and Corporate Transparent Act, aims to reduce fraud and increase…
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Running a limited company comes with a range of tax benefits – but it’s crucial to know which business expenses you can legitimately claim. Claiming the wrong expenses can lead to HMRC penalties, while missing allowable ones means paying more tax than necessary. In this guide, we explain what expenses are allowable for UK limited…
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The Economic Crime and Corporate Transparency Act 2023 (ECCTA) brings the biggest overhaul of Companies House processes in decades. The goal? To crack down on fraud, increase corporate transparency, and make UK company data more reliable. These changes affect directors, People with Significant Control (PSCs), corporate secretaries, and filing agents. Many of them are already…
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Understanding when to register for VAT (Value Added Tax) can significantly impact your business finances. With the latest thresholds and regulations in place for 2025, businesses must be vigilant about their obligations. In this blog post, we’ll explore when you should register for VAT, the latest thresholds, and key considerations for your business. Current VAT…
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Filing your Self-Assessment tax return can be stressful, especially if you’re self-employed or running your own business. Mistakes are easily made but can lead to penalties, unnecessary costs, and headaches. Here’s our guide to the seven most common Self-Assessment mistakes – and how to avoid them! 1. Waiting Until the Last Minute Procrastination leads to…
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If you’ve ever Googled “accountants near me,” you’re not alone. Whether you’re a small business owner, a sole trader, or just want help sorting your tax return, the quick search “accountants near me” is often the first step toward peace of mind. But with so many options online, how do you know which accountant is…
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As we approach the end of another tax year (5 April), it’s the perfect moment for business owners to take a step back and review their finances. Whether you’re a sole trader, limited company, or somewhere in between, a little proactive planning now can make a big difference later. Here’s why reviewing your numbers before…
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Many sole traders and self-employed professionals eventually ask themselves, “Should I incorporate as a limited company?” It’s an important decision that can significantly impact your business operations, taxes, and financial stability. Here’s what you need to consider to determine if now’s the right time to think about going limited. Benefits of Going Limited 1. Better…
