Business Types

Claim Gift Aid on donations

How charities and CASCs can claim Gift Aid to boost donations by 25%, plus use GASDS to claim on small cash and contactless donations without declarations.

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How partners pay tax on profits

Understanding how partnership profits are taxed on individual partners, including profit allocation, National Insurance contributions, and Self Assessment obligations.

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Meet your ongoing CIC compliance obligations

How to stay compliant as a Community Interest Company. Covers annual CIC reports (Form CIC34), asset lock obligations, dividend caps, and CIC Regulator oversight. This guide is for existing CICs, not for setting up a new CIC.

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Prepare charity accounts using SORP

How to prepare charity accounts following the Statement of Recommended Practice (SORP), including thresholds for receipts and payments versus accruals accounts, audit and independent examination requirements, and the trustees' annual report.

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Set up a community interest company (CIC)

How to register a Community Interest Company, pass the community interest test, and complete the required forms. For social enterprises wanting to trade for community benefit with asset lock protection.

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Stop being self-employed

How to close your sole trader business, notify HMRC, and complete your final Self Assessment tax return. Includes deadlines, VAT deregistration, record keeping, and claiming terminal loss relief.

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Understand CIC asset lock rules

How the CIC asset lock protects community assets, when and how you can transfer assets, and dividend and interest caps that apply to Community Interest Companies.

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Company Formation

Strike off your limited company

How to voluntarily close your limited company using the DS01 form. Covers eligibility requirements, fees, director signatures, notification duties, and what happens to remaining assets. Includes guidance on the Gazette publication process and how to withdraw an application.

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Business Naming

Business Acquisition

Find a business to buy

How to identify and source business acquisition opportunities through brokers, online marketplaces, direct approaches, and succession opportunities.

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What happens on completion day

Detailed timeline and checklist for business acquisition completion day covering funds transfer, legal documentation, physical handover, and immediate notifications.

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