
How Do R&D Tax Credits Work in the UK? The Basics
If your business is investing in innovation, you might have heard about the Research and Development (R&D) Tax Credit scheme in the UK. Like all areas of UK tax they
If your business is investing in innovation, you might have heard about the Research and Development (R&D) Tax Credit scheme in the UK. Like all areas of UK tax they
Running a small business in the UK comes with a host of responsibilities, and one of the most important is understanding the available tax relief options. Capital allowances are a
 It’s one shortcut you just can’t afford to take. You may have it all clear in your head – the concept, the plan, the brand and the launch of
The purposes of having a video marketing strategy are to increase your sales, inform your consumers about news products, and promote your brand name. Because video is a fundamental tool
“You’ve got to be a really good talent scout. Because no matter how smart you are, you need a team of great people” These words of Steve Jobs, the late
“What gets measured gets done” but just “weighing the pig doesn’t make it fatter”. Or as Albert Einstein once said in relation to statistics – “… not everything that counts
Thinking about handling payroll yourself to save money or stay
For years, EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation)
When starting and running a business, it’s easy to focus
Choosing a company name is not always easy. The company
Most UK companies have one type of share, but for those with multiple shareholders, different share types may be better. Here we explain share categories, why they matter, and how setting up the right structure now can save time and costs later.
Get these 5 steps done after setting up a limited company in the UK!
Rather than talk through the various points to be considered when starting and setting up a limited company this is a complete step by step tutorial taking you through the full process to successfully form a UK limited company.
All UK companies need to file a confirmation statement online for our company at least once every 12 months. Here we show you how.
Founders often rely on verbal agreements about how the business will be run. But these can lead to ambiguity as time passes. The best practice is clear: get everything in writing with a shareholders’ agreement to avoid future complications and ensure clarity from the start.
admin@lightworkbusiness.com
73 Maple Road
Surbiton, Surrey
KT6 4AG
United Kingdom
Copyright © 2025, All rights reserved.
Name and office: Basics of Business Limited, 73 Maple Road, Surbiton, Surrey, KT6 4AG, UK
Registered in England and Wales (Company no. 14755046)