ID Verification at Companies House – what you need to know
From November 18th, 2025, Companies House will be enforcing mandatory identity verification for all Limited Company directors, Persons with Significant Control (PSCs), and anyone who files on behalf of the company. This change, under the Economic Crime and Corporate [...]
The tax benefits of making pension contributions through your Limited Company
If you’re busy running your own Limited Company, you’ll no doubt be on the lookout for ways in which you’re able to make smart, tax-efficient savings for your future. One of the most powerful ways of doing so is [...]
VAT schemes – which one is right for you?
If your limited company is approaching the VAT registration threshold, or you are already VAT registered, ensuring you choose the correct VAT scheme for your business is more than just a compliance task. By having the correct scheme you [...]
What do your Limited Company’s annual accounts show you?
As a director of your limited company you’re no doubt well-rehearsed in submitting your annual accounts every year. But what do these accounts show, not just to HMRC and Companies House, but you also as the business owner? This [...]
How do Limited Company dividends work?
Understanding how dividends work is key to running your Limited Company tax-efficiently and maximising your overall take-home pay. While it’s always wise to speak with your SG Client Director for tailored advice, having a solid grasp of the basics [...]
What do Limited Company directors need to file with HMRC and Companies House throughout the year?
As a director of your Limited Company, you have legal responsibilities such as filing and submitting various forms and returns to Companies House and HMRC throughout the financial year. Failing to do so will result in penalties, fines and [...]
What are the changes for the Employer’s National Insurance rate for 2025/26?
Overview of Employer's National Insurance Contributions Back in October 2024, the UK government released the much-anticipated Autumn Budget where they announced a variety of changes affecting UK employers. One of the significant talking points from this was the adjustments [...]
What are the benefits of appointing a specialist accountant?
As a small business owner, your accounting duties can sometimes start to get in the way of what really matters to you - running your business. This is especially true for those who have newly incorporated, as the extra [...]
What are your Limited Company director’s responsibilities and key dates throughout the financial year?
Directors of Limited Companies have legal responsibilities, such as filing/submitting various forms and returns to Companies House and HMRC throughout the financial year. If you’re new to contracting you may be unsure as to what needs to be done [...]
Introducing our latest SG Accountant – Frances Bridge
Here at SG Accounting, we have a fantastic accounting team, ranging from our apprentices right through to our Senior Client Directors and Head of SG. We consistently attract and hire the best local accounting talent and are proud of [...]
The Autumn Statement 2023
Chancellor Jeremy Hunt has just finished delivering his Autumn Statement 2023, which he’s hailed a ‘huge boost’ for British competitiveness in his statement for growth. A series of measures were announced with the ‘overall impact of £20bn a year [...]
A guide to the cost of living crisis for Limited Company contractors working at home
Working from home in the UK can be costly, especially considering the current cost of living crisis. It’s therefore more important than ever to review your energy consumption and other costs, so you can keep more of your earnings. [...]
The pros and cons of contracting through a Limited Company as an IT Contractor
When considering IT contracting as a career path, many find that operating through their own Limited Company is the best option, as it can add a certain level of credibility to your level of professionalism, and shows your serious [...]
SG’s 6 top tips for setting up a Limited Company as an IT Contractor
When you’re first starting out as an IT contractor and need to set up a Limited Company, it can be a really exciting time. With your skills, ambition, and strong work ethic, you're ready to take the leap. However, [...]
Your first year as an IT Contractor – riding out the early months to success
Your first year as an IT Contractor – riding out the early months to success Surviving your first year as an IT contractor can be challenging, but with proper preparation and guidance, you can navigate through it successfully. And [...]
Strategies to generate leads as an IT Contractor
Strategies to generate leads as an IT Contractor IT contractors often rely on recruitment agencies to secure work due to convenience and ease of access to job opportunities. However, marketing your contracting business can open doors for clients to [...]
The Spring Budget 2023
Chancellor Jeremy Hunt delivered a ‘Budget for Growth’ after the Office for Budget Responsibility forecast a stronger than expected performance from the UK economy this year with inflation continuing to fall. Driving business investment The Chancellor announced a £27 [...]
Limited Company key dates throughout the financial year – your responsibilities and what you need to file with Companies House and HMRC
Directors of Limited Companies have legal responsibilities, such as filing / submitting various forms and returns to Companies House and HMRC throughout the financial year. If you’re new to contracting you may be unsure as to what [...]
What is your company yearend and what do you need to know?
If you’re new to owning a Limited Company you’ll need to complete your yearend, but what exactly is it, and why do you need to complete one? In this blog we explore just that, to ensure you’re a pro [...]
Corporation Tax Rate increases in April 2023
Back in the March 2021 Budget it was announced that there would be an increase in Corporation Tax from April 2023, so how much will this ultimately cost you and your business? In this blog we look at what’s [...]