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The new Flat Rate VAT Scheme and how does it apply to you?

20th November 2016

The new changes introduced in Autumn Statement 2016 we discussed in the previous article, include VAT registered small businesses. If you wonder if you might be eligible for the new Flat Rate VAT Scheme, contact our accountants on PNGFormations today.


How to Set Up a Holding Company?

17th April 2016

A holding company is a type of business which specialises in assets, investments and management of other companies. It is also referred to as a parent of Holdings Company. In the UK, in order to start a holding company, the new company needs to own a majority (more than half) of the issued share capital in its subsidiary within 3 months.


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