Limited company questions, answered
Straight answers to the questions UK directors ask most. Each one starts with a one-line reply, then explains how it works and what to do next.
Starting and running a company
Setting up, directors, registered office and Companies House admin. 19 answers
What Is a Limited Company?
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How Do I Register a Limited Company?
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Should I Be a Sole Trader or a Limited Company?
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Can a Non-UK Resident Form a UK Limited Company?
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How Many Directors Does a Limited Company Need?
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How Do I Add or Remove a Director?
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What Is a Registered Office?
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How Do I Change My Registered Office Address?
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Can I Use My Home Address as a Registered Office?
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How Do I Change My Company Name?
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What Is a SIC Code?
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What Is Share Capital?
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What Is the PSC Register?
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What Is Companies House Identity Verification?
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What Is a Confirmation Statement?
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How Much Is a Confirmation Statement?
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Do I Need a Business Bank Account for a Limited Company?
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Can I Own More Than One Limited Company?
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How Do I Close a Limited Company?
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Paying yourself
Salary, dividends, loan accounts, pensions and payroll. 21 answers
How Do I Pay Myself from a Limited Company?
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How Much Salary Should a Director Take?
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What Is the Most Tax-Efficient Director Salary?
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Does a Limited Company Pay Tax on Dividends?
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What Is the Dividend Tax Rate for 2026/27?
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What Is a Dividend Voucher?
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Can I Pay Dividends If the Company Made a Loss?
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What Are Retained Profits?
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What Is a Director's Loan Account?
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What Happens If My Director's Loan Account Is Overdrawn?
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Can My Limited Company Pay My Personal Expenses?
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Can I Pay My Spouse a Salary from My Company?
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How Much Can My Company Pay into My Pension?
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What Is the Personal Allowance?
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Do Limited Companies Pay National Insurance?
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What Is the Employer NI Threshold for 2026/27?
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What Is the Employment Allowance?
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Do I Need to Register as an Employer If I Am the Only Director?
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Do Company Directors Get a P60?
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What Is a P11D?
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What Is IR35?
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Corporation Tax and expenses
Rates, returns, payment and what you can claim. 12 answers
What Is the Corporation Tax Rate for Small Companies?
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What Is the Small Profits Rate for Corporation Tax?
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How Does Corporation Tax Marginal Relief Work?
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How Do I Register a Company for Corporation Tax?
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What Is a CT600?
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How Do I Pay Corporation Tax?
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What Happens If I Pay Corporation Tax Late?
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What Expenses Can a Limited Company Claim?
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Can I Claim Working from Home Expenses Through My Company?
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Can I Claim Mileage Through My Limited Company?
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What Is the Annual Investment Allowance?
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What Is Full Expensing?
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VAT
Registration, schemes, returns and Making Tax Digital. 9 answers
What Is the VAT Registration Threshold?
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When Should I Register for VAT?
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What Is the VAT Deregistration Threshold?
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What Is the VAT Flat Rate Scheme?
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Is the VAT Flat Rate Scheme Worth It?
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How Often Do Limited Companies File VAT Returns?
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Can a Limited Company Reclaim VAT?
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Can a Limited Company Claim VAT on a Car?
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What Is Making Tax Digital for VAT?
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Accounts and deadlines
Year-end accounts, filing dates and record keeping. 11 answers
When Are Limited Company Accounts Due?
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What Happens If I Miss the Accounts Deadline?
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What Is an Accounting Reference Date?
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What Are Micro-Entity Accounts?
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What Is a Balance Sheet?
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What Is the Difference Between Turnover and Profit?
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What Is the Difference Between Bookkeeping and Accounting?
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What Is a Dormant Company?
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How Long Should I Keep Company Records?
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When Is the Self Assessment Deadline?
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What Are Payments on Account?
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Working with an accountant
Costs, whether you need one and switching. 3 answers
How Much Does a Limited Company Accountant Cost?
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Do I Need an Accountant for a Limited Company?
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How Do I Change Accountants?
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