Getting a penalty letter from HMRC can be worrying, but it is important not to ignore it. The letter should explain why you received the penalty, how much it is, and what you can do next.
Companies House identity verification is now a legal requirement for many UK company directors and People with Significant Control (PSCs). Learn about the requirements, deadlines and verification process.
A practical guide for UK freelancers comparing sole trader and limited company structures, covering tax, liability, income extraction, and factors to consider as your business grows.