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All companies need to maintain high performance. It is important to develop specific procedures that increase the efficiency of the collective. Many of our virtual office customers ask us how they can increase their businesses productivity.You`re probably trying to maximise the performance of your business right now. However, you may find that your positive intentions do not translate into action. It can be difficult to maintain general habits, especially if you are a person who finds it difficult to meet the New Year`s resolutions. Develop a plan for the whole team to come together and you'll be in a good position.

Prioritise work properly

Personnel work will not go well, if the work is not a priority. Important tasks must be performed prior to trivial matters. You must assign topics and activities rationally and within a reasonable time, or the quality of work may suffer if you do.

Avoid multitasking, if possible

Your team can not do it right if you are trying to do everything at once. It's a great idea to make the most of them focus on particular aspects of the project, who will then be able to concentrate.

Keeping things tidy as the work progresses

Being tidy is a must if you want your employees to be more effective. The office should not be allowed to become a mess for even half a day, so you may want to encourage people to eat away from their desks.

Colleagues should cooperate

While some tasks require a special unit, it is necessary to promote cooperation between members of the team and create a united effort. Someone can be re energised if they help another person achieve something. An act of kindness can be beneficial for both parties, so remind people of the value of teamwork.When a business achieves an efficient work flow and is properly organised an increase in productivity and output will be achieved. The business will then be properly positioned for growth and should see steady incline in new business.If you would like to talk www.yourvirtualofficelondon.co.uk please do get in contact with us today, we are always happy to help discuss your requirements and provide expert advice where needed.

When the company makes a profit, the benefits paid to all shareholders are classified as dividends. Because of the potential tax benefits, small business owners often pay a dividend in both the salary and not just one or the other.Like any other type of income, someone with dividends from UK corporation tax will pay personally. This article provides an overview of the taxation of shareholders of dividends in the UK. Whether you own a business and run the company through a virtual office or work from home as a shareholder in a Limited Company you will probably take a dividend from the profits. We look to explain how a dividend is taxed;

How does the dividend tax credit?

To escape the double taxation of dividends paid by the company will pay tax or income tax, which is known as a tax credit for dividends to the shareholder shall be provided in order to avoid double taxation. This tax credit is offset by the income tax due on income from dividends.For now, the tax credit is 10%. The tax credit is calculated by dividing the amount of net dividend of 9 net dividend is then added to the deduction. This then gives the "gross dividend", which is the sum of income tax. This is the starting point that determines whether further tax is due.When a shareholder receives the dividend plus the tax that you pay, depends on the total income. This includes income from salaries and pensions, bank account and other savings or dividends received.Taxation of dividends are at the same prices, if you bring your own small business or PLC, which is listed on the stock exchange. The same is true for dividends received from trusts or open-ended investment companies. However, combining the interests of the corporation is subject to different rules, unlike dividends.

Here are three tax rates applicable to dividends:

• The basic rate consists of a taxable income of up to £ 31,865 will be taxed at 10%.
• The higher rate band, comprising of taxable income between £ 31,865 and £ 150,000 and is taxed at 32.5%. This part is included in the dividend tax credit.
• A decrease in revenues from dividends in the band of another kind, consisting of taxable income of more than £ 150,000 is taxed at 37.5%.

The tax of 10% of the gross dividend received is completely covered by the tax credit a 10% dividend. Dividend income is taxed after the adoption of any savings and includes the use of or premiums.

Creative business is an important contribution to the UK economy in this day and age. Most of these companies and corporations new and old - choose to be in London.These ambitious companies have different motivations to be in the capital. However, it is worth looking at some of these things if you want to go forward. If you are responsible for the organisation within the creative industries, then it may be worth the risk of being in London. If you cant afford a real office a virtual office in London could be suitable, however you should consider the following points if you're considering a decision of this type:

Network capabilities are necessary

You will not get far without all kinds of networking opportunities. If you decide to use a serviced office in London, then there are plenty of them to choose from. It is important to carefully think about the office location you intend to rent however, as some districts of London has many large network of high quality, but for high prices too.

Meetings are significant

Informal meeting places, such as restaurants, bars and hotels may be crucial for the development of your team. You want a place that is located in an area with a real buzz. You can learn a lot if you find the right neighbourhood.

It helps to highlight progress

The choice of London as the basis for an advertising agency is like a declaration of intent. What's more, it shows how far you've come. This shows that you are going to be competitive, and showing such faith in the future of your business can be a very positive step forward.

When applied to form a new company, you have to complete various addresses. The requirements of the Companies House can sometimes lead to confusion, so this guide will explain the different types of addresses - including office management, administration, and secretary of address, correspondence address and home address common shareholder administrators - in short, why they are relevant.

Address of the head office

The company's head office; this is the direction in which authorities such as HMRC or Companies House will send all correspondence and legal documents. When thinking about your business address, you should bear in mind that:

• It will appear on the public record.
• Must be the same part of the United Kingdom, which is registered. For example, a company registered in England and Wales, registered office address cannot be in Scotland.
• This could be your home address (but remember to be included in the public record).
• If you do not use your home address, but not the owner of your property, you should check any lease, so you can use the address for commercial purposes.
• You do not have to be the address of the trading business, but it could be.

Once your company has been formed, the law requires the disclosure of UK companies to include your postal address on company letterhead, business correspondence, requests, email messages, and the company's website.

Director / Secretary Address

This is the direction in which authorities such as HMRC or Companies House will send any correspondence with the director or secretary. When considering the directions, you should note that:

• It will appear on the public record.
• It can be anywhere in the world.
• This may be the same as the location of the head office (but need not be).
• This may be the same as the address of the worker (but note that will appear in public).
• This could be the corporate address, because it is a complete address.

Each director's secretary may, if they wish, use a different directors service address or they may be one and the same. It is very common for the service address for all officers to be the same as the address of the company headquarters.

The usual residential address of a director

This is simply the address of the director`s house. Remember:

• It will not be shown publicly.
• This may be the same as the address of the office (remember that the address of the Office is disclosed on the public record).
• This may be the same address of the service

Shareholder's mailing address

You must provide an email address, to each of the shareholders (often referred to as customers), of a newly formed company. With each e-mail address of the shareholder, it is important to note that:

• It will appear on the public record.
• You do not have to be an ordinary residential address of the shareholder.
• This may be the same as the address of the headquarters.
• If the shareholder is also a director and a secretary, then it may be the same as your service address.

Your Virtual Office London provide professional registered office address services which include directors service address and a mail forwarding address in London for a very cost effective price. Our service is designed to improve the corporate image of your business with the use of our prestigious London addresses. Using a virtual office provider such as yourvirtualofficelondon.co.uk can really help convert prospective enquiries into paying customers. Many clients see an excellent return on investment when taking out our complete virtual office package.

Firstly, not every candidate fits every job. The task of finding a suitable employee is often a major challenge. The employer should clearly formulate what they are looking for when it comes to employees:

• Is training necessary - yes or no - and if so, what?
• Is work experience necessary or can it be appropriated in operating these too?
• What working conditions prevail - shift work, night work, regular or irregular hours, overtime readiness is necessary, etc.?
• Are special skills needed, such as certain license categories, languages, computer skills, etc.?

These and similar questions should be answered clearly and honestly. However, it should not be too far up the measure of who you accept. Employees who are continually challenged are neither happy and permanently in the company, such as employees who have to struggle daily with excessive demands.

New staff - what to consider:

As an employer, you take a lot of responsibility for your staff. This is particularly the case in the area of insurance and accounting. The contractor has therefore the need to perform some messages:- Application for an operating pointThe application may be made by phone, mail or by completing a form. All necessary information can be found in the Internet.- Notification of the company at the trade associationEvery business owner has to pay contributions for its employees in the legal professional association. Whoever is responsible for the individual depends on the industry. When in doubt, this information can be obtained via the Internet, or the Chamber of Commerce.- Registration of the employeeAt the start of employment, the employee must be notified to the competent institution. Certain sectors will have your staff report on the first day of employment, but most industries have this done over a longer period of time.If you enjoyed this article you can read more on Your Virtual Office London business blog.

To avoid any shortcomings for your business, it is a good idea to opt for business interruption insurance. This is the best step your company can take, to ensure that there are no losses incurred due to an interrupted business.By getting covered under business interruption insurance, one can ensure that their business would not face any losses due to an abrupt interruption and they would be able to get the business back on track with much ease. This is mainly because the incapability to generate revenues when the business is subject to damage would be covered by the insurance. Business Interruption Insurance can be procured as an additional extra to the existing business insurance package.

When can I raise a claim?

When your business is subject to any of the above mentioned conditions, you are liable to claim a compensation fee. Based on the below mentioned factors, you may raise a claim with the insurance provider when you are not able to generate sufficient revenues.a) The margin between the estimated and actual profits, which occurs due to a business interruption.b) Reduced income due to high operating costs, such as temporary relocation, procuring goods at higher prices due to various factors etc.c) Damage to the records of accounts of customers due to which you are unable to recover revenues from them.When you raise a claim, the payment is made subject to the policy constraints. By opting for business insurance, you would be free from losses when your business is interrupted. Moreover, the chain reaction would be avoided due to which a business slips to losses and is unable to raise funds.Also, in events of shortcomings or interruptions, your business would be able to bounce back and resume with the business. However, it is best recommended that you understand the scope and limitations of the policy precisely before opting for one.Your Virtual Office London have helped thousands of small businesses progress to become successful enterprises. If you would like to discuss how we can help you please contact the team today.

Shares may exist with a company that are partly paid or unpaid. But, to avail the maximum benefits, you would have to convert it to fully paid shares. In order to completely transfer unpaid or partly paid shares, you would have to fill the J10 form. This stock transfer form requires the signatures of both the transferor and the transferee. This form serves as a contract which entitles the transferee to be liable for all future calls on the shares he holds.On signing the form, the terms are precisely understood and the stock owner would be liable to the calls and the company would not be held responsible in any way. The form needs to be filled in correctly and only then, it would get duly accepted by the company. Once the company accepts the J10 form, they would have to update the details about the transfer and the name of the transferee in their database. Here is a guide about how you are supposed to fill in the J10 form so that it gets accepted by the company and leaves no scope for any confusion or ambiguity.It is a mandate that you make use of bold letters and a Black pen, preferably a ballpoint pen. The steps towards filling each of the columns in the form are mentioned below.

a) Consideration

If it is a transaction where the stocks are being traded for money, enter the transaction amount. If there is no money involved, fill in as NIL.

b) Full Name of Undertaking

Enter the complete name of the company, of which shares are being traded.

c) Full Description of Security

To know more about the full description of the company, have a brief look into the certificate that is issued by the company. This would give you clear information about what you are supposed to fill in.

d) Number/Amount of Shares, Stock or Security, if any

The total number of stocks, units of stocks or the amount of stocks worth that are involved in the transaction have to be mentioned in words and should be spelled out in block letters too.

e) Transferor

All the details such as the name, present residing address etc. are to be mentioned in the details of the transferor column. Also, if it is a joint account, there is a need to mention all the stakeholder details. Note that the address to be mentioned is of the first stakeholder and it would be the primary address for future correspondence, if any.

f) Transferee

Similarly like transferor, the names of joint or individual to-be owners are to be mentioned. Also, the address where further communication and proceedings have to be corresponded to should be mentioned in the address column. Unlike the other standard share transfer forms, J10 requires both the parties to sign in the form.

g) Date

The date on which both the parties duly sign the form to initiate the deal should be mentioned.

h) Person Lodging the Certificate

In this column, details of the person who would lodge the J10 form with the company have to be mentioned. It is a good practice to have someone apart from the two parties involved to lodge the certificate.If you found this blog helpful you can read more insightful articles in our business news section, we post daily new articles and hand tips and tricks including guides for your business.

Starting a company is not only about having a good business idea. It is a process that can take more than a month and a bureaucratic ordeal involving very small print.A brilliant idea or just an original approach to something that already exists is the seed of a new company. But to germinate and take reality, it must meet a list of requirements and procedures. The process of incorporation of a company is a difficult task, not because of its complexity, but by hard work.Estimates state that the average standard procedures for this time are 19 days. However, in practice these procedures are dilated and, in general, entrepreneurs take over 47 days to create their company.

To avoid getting lost in this bureaucratic ordeal, you should know what steps to take.

Before embarking on the implementation of a business, you must define the activity that is to be developed, the overall and long-term planning, risk assessment, market research ... that is, encompassing all aspects of the business plan.It is essential to know the legal rules on which you develop your business, because in many cases, determining the form in which you create the company can make or break it from the off. Also keep tabs on the number of partners involved in the initiative, which could lead you into a corporation, or a joint partnership.The next step is to apply for the certificate of the company name in the commercial register. It is advisable to include a list of five names in case one is already registered. The procedure can be done for online and is very affordable.The bank certificate is the document certifying that it has been deposited in a financial institution's capital to found the company. This contribution may also include the valuation of goods such as computer equipment, production machines, and so on.The notary certificate is the name and bank deposit document and you can go to the notary to sign the deed of constitution; a process that takes at least a week.With scripts in hand, the next step is to place the document in the commercial register. It is a process that accumulates many complaints and expands over time because they know some of the new activities that generate entrepreneurs and can not be catalogued in traditional ways.To do this you must go with the simple deed of incorporation of the firm and fill out the relevant form. This document is the high census declaration that regulates your relationship with this organisation and determines the taxes that you may require for the performance of your company.After these procedures, you can begin to have economic activity. But before starting the business venture, you must also make the payment of tax on economic activities.

Your accounts with the Inland Revenue

Becoming an entrepreneur also means that individuals who have created the corporation must manage its corresponding registration in the register of self-employed. To do this you must go to the tax office with ID, complete a form and define the activity to be performed. The latter explained is mandatory and essential, because it is what defines our tax cost.On the other hand, you also have to go to facilitate personal and activity data in the form of a signature, to indicate to the bank account for direct debit fees, which will be proportional to the priceYour Virtual Office London provides business to business services (b2b) on an impressive scale. We have helped many thousands of businesses form companies and have helped provide them with leading accounting solutions. Not only do we provide company formation services we actually provide a virtual office solution which can really help boost your businesses productivity. Our services provide a great return on investment; they are designed to help your new business come across more professional and established. Our registered office address service, director`s service address and mail forwarding service in London help improve your corporate image.If you would like to speak to us about our services please do call us today 0207 566 3939.

To register a limited liability company once the application has been accepted, Companies House will need to obtain several registration certificate and Ltd company documents- such as significant incorporation, memorandum of association and articles of association. Here we look at new companies and what is required in terms of documents.

Certificate of registration

Your company has been registered at Companies House and so they will issue a registration certificate. This is a certificate of the company's unique registration number and date of incorporation. This certifies and is conclusive evidence that the company was issued and has been duly registered. A third party company might ask to check that you have been successfully incorporated, or want to see as proof that a copy of the registration certificate has been created. This shows the date of your original Annual Return 12 months from the date of creation.

Association Agreement

A Memorandum of Association to form a company is where the company has confirmed its intention to become a member of a declaration made by each customer. Each member of the company must be named on the memorandum of association if it is a private company that is also limited by shares.

Articles of Association

The articles of association are important documents that set out the founding rules of a company. This includes discussing the rights of shareholders, distribution of dividends, appointment, removal and authority of government action and board meeting conduct. You must file articles of incorporation to Companies House. Most companies only "model" standard articles when you register, so if you don`t provide your article, Companies House will use the default model articles.

The share certificate

This is simply a document that certifies that the named person of the company is the one who owns the shares of that company. After registration, the share certificates should be sent out to shareholders within an 8 week period. This is just one of many things to try and remember to do in the infancy of a new business.

Associated Services

A great service we provide is a registered office address and a directors service address. Both of these services we provide help compliment your newly formed company by creating a corporate image for your business. A registered office address allows you to change the required address at companies house to our prestigious registered office address in London, this has many benefits including creating a professional image for your company. We also provide a directors service address which allows you to again use our prime mailing address in London as your own. This helps with privacy issues that can arise from using your own private address

The Office for National Statistics said the UK economy in the three months to June rose by 0.6%, meaning good news for British companies. Tucked into the new publishing efforts for Companies House, there`s further good news for 2012/13. Although the UK also showed some signs of its recent illness, it is a good forecast for the country.The new company establishments often regarded as a proxy for optimism in the economy is still growing. The 479,500 inclusion in Great Britain in 2012 exceeded the previous highlights from 443,800 in 2007, before the financial crisis took its toll on the confidence of those who were considering setting up a new business. The newest data has extra good news, with the installation of 40,082 newly formed companies in June - almost 11% more than in the same month in 2012.Although the number of companies that did not dissolve in the previous year has continued at a steady drip, the crisis seems to have levelled out. Since increasing the involvement of more than a small increase in dissolution, average growth in the industry suggests that the number of new businesses is higher than at any point since the beginning of the financial crisis.This also means that today a record number of companies are active in the UK. Although a small number are to be taken out of the equation, for the first time, there are more than 3,000,000 British companies in the housing register. Most of these are recently established companies.47.5% of enterprises in the current register were produced from the beginning of the financial crisis - with 1,446,300 establishing a new incorporation from the beginning of 2008. That there are far fewer older companies is partly explained by sheer numbers being dissolved in 2007, when the economic situation in the whole of business proved so difficult.However, there are many people who have started a new company in this challenging environment. While many of these will be created out of necessity, especially for owners displaced by other company`s problems, there are also many examples of people who suggest opportunities for business and are not afraid to be followed by the creation of new businesses.Some of the best companies are formed in an economy where there is so much emphasis on budget control and getting the basics right. They are more likely to be small and agile, able to respond quickly to opportunities and threats in the competitive environment. They also tend to deal with the owner of the business where managers are shareholders in all interest in efforts to bring in business success.Your Virtual Office London can help your business achieve great success through use of our specialised virtual office and company formation services. Our professional tailored products are designed to give your company a professional corporate image through use of our prestigious mail addresses, business registered office address and skilled virtual receptionist services. If you would like to find out more about our services please do not hesitate to contact us today.