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Corporation tax is the tax paid by companies on their profits. Unincorporated organisations (such as clubs and societies) also pay corporation tax, if they have taxable income. Partners in both traditional and limited liability partnerships and sole...

The basic ways to structure your business are as a sole trader, in a partnership, or as a limited company. If you trade as a Limited Company you are said to be an “incorporated business” any other structure is called “unincorporated”.
There are advantages and disadvantages whichever structure you chose so when deciding on the appropriate structure for running your business the following points should be considered:...

Before I continue let me make it clear that the above is not an accusation but a genuine question, and one which I think needs to be answered urgently.
By now there can be few people who have not heard that Sir Paul Stephenson, the Commissioner of London’s Metropolitan Police force, resigned last night. In his resignation statement Sir Paul said that it was just co-incidence that the man he employed...

In the current economic situation and with more people leaving regular employment and setting up as consultants, it has become much more acceptable to run your business from home.
Apart from anything else, running a new business from the spare bedroom removes a whole layer of cost and risk, and makes it a lot more likely that the fledgling business will take off....