Accountancy and Tax - Module Overview
The objective of this live one-hour session is to provide a high-level overview of the key issues you should be aware of with respect to living and setting up a business in the United Kingdom. The UK encompasses a highly regulated environment and it is important to be able to navigate its various requirements. The elements that will be covered relate to the following:
- content from an individual’s perspective, including personal tax and related areas
- content relating to setting-up a limited company in the UK and compliance requirements, including details on the various business taxes for consideration
- content relating to effective financial management of a company and business.
Personal
- Domicile & Residence
- Notification of arrival / residency in the UK
- Tax on income
- Tax on capital gains
- Tax on wealth
- National Insurance
- Financial planning
- Reporting and record keeping
- Fines & penalties
Business (using Limited Company)
- Registrations
- Insurances
- Payroll tax
- VAT (“Value Added Tax”)
- Corporation Tax
- Companies House requirements
- HMRC requirements
- Impact of non-compliance
- SEIS/ EIS
- EMI
- R&D Tax Credits
Financial management
- Types of finance/ availability
- Record keeping
- Budgeting & forecasting
- Cash flow management
- Tax considerations
- Management information
- Financial Statements
- Solvency
Module Manager
Maria Fandrakis
Partner, National Head of Business Outsourcing Services, Smith & Williamson
Maria co-ordinates Smith & Williamson’s business outsourcing services to a wide range of clients, ranging from sole proprietors, entrepreneurs & scale-ups through to internationally owned UK companies.
Maria heads up the firm’s business outsourcing services offering on a National basis. The services covered include: Unaudited statutory accounts, VAT, Bookkeeping, Management accounts, Accounting software advice, Budgeting, Cash flows, Forecasting, Payroll, Company secretarial services and related services.
Maria’s service orientated approach has benefited clients during her past 22 years of business experience.
