Accounts management and bookkeeping
As the business owner, you’re responsible for ensuring your business keeps accurate financial records and accounts.
Business bank accounts
Information on setting up a bank account for your business, including sole trading and online banking.
Online and distance selling
Information on the regulations for online selling and how to accept online payments.
Your limited company's first accounts and Company Tax Return
How to align your deadlines for accounts and Company Tax Returns at the end of your limited company's first year.
How an accountant could help your business get funding
How an accountant can help you get funding for an idea or business. Includes how to find an accountant.
Business debt advice
Find out how to get advice about business debt and guidance and where to get information on debt and bankruptcy.
Company Voluntary Arrangements
This is an alternative to liquidation. You reschedule payment to creditors over a fixed period using a Company Voluntary Arrangement to recover from insolvency.
Contact the Accountant in Bankruptcy (AiB)
Accountant in Bankruptcy (AiB) contact details. Find information on the bankruptcy process in Scotland.
Getting back money owed to your business
Recover money owed to your business – includes court claims, statutory demands, mediation and bankruptcy.
Late commercial payments: charging interest and debt recovery
Interest and debt recovery costs you can charge if another business is late paying for goods or services.
Liquidate your limited company
Liquidating a limited company guidance, including members' voluntary liquidation and creditors' voluntary liquidation.
Make a court claim for money
How to take legal action if someone owes you money, how much it will cost and what happens after you make a claim through the courts.
Object to a limited company being struck off
Object to a company's application to be removed from the companies register.
Protect your limited company from compulsory liquidation
Defend your company against a statutory demand or a winding up petition - disputing the debt, getting an injunction and challenging the petition in court.
Register as a creditor in a bankruptcy case
If you're owed money in a bankruptcy case, contact the Accountant in Bankruptcy or insolvency practitioner to register as a creditor and make a claim for the money you're owed.
Report a loan shark
Find out whether a money lender is legally licensed and, if not, how you can report them anonymously.
Respond to a court claim for money
What happens if someone makes a money claim against you, saying you owe them money, and how you can respond or defend yourself.
Search for disqualified company directors
Check if someone is disqualified from being a company director, or search the list of directors banned in the last 3 months.
Sheriff court decrees on debt
What happens after a sheriff court issues a decree.
Sheriff officer powers when they visit your home or business
Your rights when sheriff officers visit your home or business – includes proof of identity, forcing entry and complaints.
Wind up a company that owes you money
You can apply to the court to ‘wind up’ a company if it can’t pay its debts of more than £750. If successful, the company will be put into liquidation.
Managing your cashflow
Managing your cashflow is vital for business survival and growth. Every business needs cash available to pay their bills and expenses on time.
Keep your business and finances on track with a business budget.
Working out what your business should spend money on
Information on capital budgeting and help to work out if spending money on your business is the right thing to do.
Expenses and benefits
Tax and reporting information for employers providing expenses and benefits to employees.
Paying your staff
Information on PAYE for employers, getting started, reporting and paying HMRC.
Self employed national insurance rates
Find out how much, and how, to pay national insurance if you're self-employed.