Blog

Welcome to The Formations Company Blog. Here we’ll share the latest news and helpful tips to make starting your business a little easier. Whether you’re looking for information on how to chase an invoice, tax, marketing your business or just looking for inspiration, there’s something here for everyone.

happy female sitting working on computer in the lounge about to start a limited company with business bank account
Running your BusinessStarting a business
limited company expenses
Being a director of a limited company blog series: Part 6 – Expenses

Being a director of a limited company blog series: Part 6 – Expenses

As a limited company director, you can claim business expenses to get what you need to operate successfully and be more tax efficient.   It’s Important that as a director of a limited company, you have a clear understanding of what you can and can’t claim for...

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Running your BusinessStarting a business
Business
One thing you must consider if you’re running or starting a transport business

One thing you must consider if you’re running or starting a transport business

As you may have read in just about every news website, paper and social media channel there is a shortage of HGV drivers that have led to disruptions in the distribution of food, groceries and fuel resulting in no chicken at everyone’s favourite peri peri chicken...

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Running your BusinessStarting a business
Director
Being a director of a limited company blog series: Part 1 – The 7 legal duties of a director

Being a director of a limited company blog series: Part 1 – The 7 legal duties of a director

In this blog series, we’ll look at all aspects of being a company director. From mandatory fillings to the ins and outs of changes and other legal requirements such as paying tax, keeping accounting records, your pension contributions, paying yourself and finally...

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Running your BusinessStarting a business
Records director
Being a director of a limited company blog series: Part 2 – Keeping records

Being a director of a limited company blog series: Part 2 – Keeping records

As a limited company director, you’re in charge of running it, so you’ll need to keep records about the company in addition to financial and accounting records.   You'll need to keep your records for 6 years and in some cases even longer. For example, if your...

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Running your BusinessStarting a business
changes director
Being a director of a limited company blog series: Part 3 – Changes to your company that must be filed

Being a director of a limited company blog series: Part 3 – Changes to your company that must be filed

As you and your business grow, changes will inevitably occur. These can range from the address where you keep your records, to your business name, to a new company secretary.   As a director, it’s up to you to make sure that changes such as these are filed,...

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