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NHS AirBnB and why every home should have a Limited Company

26th October 2017

Coming to a bedroom near you. The NHS is expanding into spare bedrooms in ordinary people’s homes. What should you do to be prepared for the pending windfall. Would the Rent a Room scheme be of benefit? Should you set up a Limited Company Instead. Our professional advisors speak

Can I run my business from a property I rent?

9th April 2017

If you want to start a your home business then you are not alone. According to the official government website, fifty-nine percent of businesses are started and ran home the comfort of people's homes. However, if you are thinking of starting your business from your rented home, there are some things you have to take into consideration. In this article we will be discussing some of the laws surrounding home run businesses and how it affects you.

How do I change my UK business' SIC code?

26th March 2017

Every year you need to ensure that your business details are kept up to date. Business address, director address and secretary information are just some of the details you need to update yearly. Another small, but very important piece of information is your businesses' Standard Industrial Classification (SIC) code. In this article we will discuss what an SIC code is and how you can change yours.

The biggest trap for freelancers and how to avoid it

22nd January 2017

There are numerous challenges that come with being a freelancer. Aside from spending countless hours looking for your own clients, you also need manage your timetable ensuring you are providing your current clients with a quality service. The perfect balance is to be able to do both and still have free time. As we get into the new year, a new challenge has occurred for freelancers .

HMRC’s New Strategy to Strengthen Tax Avoidance Sanctions

2nd October 2016

One of the measures announced in this year’s budget statement was the plan to ensure that advisors and service firms facilitating tax avoidance systems should be held responsible for supporting such activities. At PNGFormation we wholly support this approach. As much as the responsibility lies on the individual’s side, often their avoidance activities are supported by the third parties, using their advice, support, and provision of schemes created in the full knowledge that they are used for tax avoidance purposes.

How to Start a Business in 30 Days

25th September 2016

Forming a company today is faster and easier than ever before. You no longer need to spend a fortune on staff, advertising and premises. With a clear and realistic plan, you can get your business going in 30 days. In this article we present you with steps to make it happen.


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