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Useful advice, tips and business news.

July 25, 2014
May 5, 2021

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Can a personal customer use the London mail forwarding address for private use?

Our mail forwarding address can be used by personal and private customers. If you are a personal customer who wishes to use our service, you can for sure!

Our mail forwarding address can be used by a personal customer for private use. If you are a personal customer who wishes to use our service, that is fine, we do not restrict our mail forwarding service to just business customers.

Why would I want to use your mail forwarding address?

There are many good reasons why you would want to use the address for personal use. Many of our personal customers use the London mailing address when they move home. If you move home you may want to have another address you can use to have mail redirected too. Our mail box allows all of your personal post to be redirected to our prestigious address.If you rent a property and it is on a short term basis then you may want more security when it comes to your mail. Our mail box service provides excellent security for your mail and you are able to collect your post from our office premises in London. You can also choose to have the mail forwarded to any location worldwide.Travellers also use our services, if you are travelling the globe you may want to have some post forwarded to you at one of your foreign destinations. Our mail forwarding service will collect your post and then forward this to an address of your choice. This is very important for some customers so that they don`t miss any important bills or letters that may be of up most importance to them.

A few advantages of our mail forwarding service:

  • Affordable
  • Prestigious London Address
  • Mail Forwarded Worldwide
  • Private, Confidential & Secure
  • Cheaper than Royal Mail
  • Collect mail from our offices
  • 3, 6 and 12 month contract options available
  • Parcels & Signed For post accepted
  • Instant Activation

I`m interested in your mail forwarding service, what next?

If you would like to proceed with our London mail forwarding service you are able to purchase online via our website. You may find it beneficial to speak to one of our staff first who can help explain the product in greater details and talk through the process. Please do not hesitate to get in touch with us, we are always happy to help.Your Virtual Office London is a leading virtual office provider, if you found this product post helpful you can read more in our business blog.

July 24, 2014
May 5, 2021

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When do I buy a director's service address?

A director's service address can be purchased at any time before, during or after you have formed a company. Learn why to buy this address and more details.

A director's service address can be purchased at any time before, during or after you have formed a company. A director is required to add an address at Companies House, this is a legal requirement. Statuary mail from HMRC or Companies House would then be sent to this address.We would recommend that you purchase the directors service address before you form a company for some very good reasons.If you want to use a director`s service address to protect your residential address and you have already formed a Limited Company at Companies House, the address already used will be permanently on record. So for example you have just formed a Limited Company using your residential address as the directors address any changes to this will still show the original address and the date of the change, as well as showing the new address.

Who can access my address?

Your Limited Companies information is stored on the company register and this is a public record. A public record can be accessed by anyone, most people these days will access the record via the web check service provided by companies house. This will show information such as the Company Name, Number, Date of Incorporation, Directors Details, and even financial information.We strongly recommend using our directors service address in conjunction with our registered office address to help protect your residential address from public view.

Benefits of using our Director's Service Address

  • All mail from HMRC and Companies House forwarded free of charge to any location worldwide
  • Mail can also be collected from our London office
  • Our service offers complete anonymity to all clients
  • Having a London address in a prestigious area adds real credibility to your business operation

If you would like to discuss any of the points raised in this blog post, please feel free to get in contact with us. We provide leading services such as mail forwarding addresses in London, registered office address, company formation and accounting.If you would like to read more on our service, why not try our business blog? It`s informative and an excellent resource for start-up businesses.

July 24, 2014
May 5, 2021

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When do i purchase a registered office address?

A registered office address can be purchased at any time during your Limited Companies life time. If you found this post interesting, you can read more.

When do I buy a registered office address for my company?

A registered office address can be purchased at any time during your Limited Companies life time. However we always recommend that if you are forming a Limited Company yourself, that you register your company address with our London office service in advance.There is good reason why we recommend purchasing the registered office before forming a company at Companies House for good reason; it will save you time and keep any private addresses of public record.When you register a company for the first time at Companies House, they legally require you to state where your companies registered office is located. If you don`t have a registered office address service, then you will normally place your residential address in this section. This information will be stored permanently on public record which can be searched at any time by anyone via Companies House web check system. Even if you decide to change your registered office address at a later date, the search will still show the change of address and will list your original address on record.Many of our clients use our registered office address service to keep their residential address private and off searchable records, so its thoroughly recommend that you purchase our service before forming a Limited Company.

Benefits of using our registered office address.

  1. All statutory mail is forwarded to any location worldwide for free
  2. Receive HMRC post at this address
  3. Mail can be collected from our offices
  4. Completely private and confidential
  5. Prestigious London address available
  6. Instant creditability for your prospective clients

Why you wouldn`t want to use your residential address

  1. Unwanted callers could turn up
  2. Junk Mail
  3. Legal action aimed at you residential address

Your Virtual Office London is leading expert in company formations and supplementary services for both Limited Companies and Limited Liability Partnerships. If you would like further advice on our registered office address services please do get in contact with us.If you found this post interesting, you can read more in our business blog.

July 23, 2014
May 5, 2021

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Buying a gadget? It costs hundreds more inside the UK

UK customers are paying literally hundreds of pounds more for their electronic gadget, when compared to US customers. Find out details why is this happening.

This comes from Which? Who suggest British people are getting an unfair deal when compared to products in the US, which are a lot cheaper. UK customers are paying literally hundreds of pounds more for an electronic gadget, when compared to US customers.The report by Which? Compared prices from various products such as computer software, televisions and other electronics. It concluded that the UK consumer was over paying for many of these products. In once instance Which? has shown that consumers where paying over £400 more for one television from a popular brand. A MacBook was found to be £194 more in the UK when compared to the price in the US.Which? have said that this is down to the manufactures and that they should play fair and explain exactly which some cost more in other countries. Another issue is the current threshold on import duty, its recommend it should be brought inline with good that`s are purchased online and then brought back into the UK. The threshold at the moment is £135 for electronics purchase online from a country outside the EU however if you travel you can bring in goods with a value of up to £390 without paying any duty.If you found this Your Virtual Office London blog interesting, you can read more business and economy posts in our informative blog.

July 22, 2014
May 5, 2021

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How do I pay myself as a director?

A director of a company has different options when it comes to pay. Each option has different tax benefits. It is important to be clear on what method you pick.

A director of a company has different options when it comes to pay. Each option has different tax benefits. It is very important to be clear on what method you will chose as your accountant will need to know this.

Dividends

A dividend is rewarded to shareholders. An owner of a Limited Company is a shareholder and they will be able to pay themselves in the form of a dividend.An advantage of a dividend is that you do not pay any national insurance on the payment. You will need to pay income which does depend on the level of your earnings.A dividend will need to be paid to all shareholders of the company, this will need to be declared in the minutes of the meeting you will hold with the other directors.Legally a dividend voucher must be created which would show some important information such as the date is was issued, the company details i.e name and number, the shareholders details and the amount the dividend is.

PAYE

Pay As You Earn (real time). PAYE is a HMRC scheme to collect National insurance and income tax for employees of a company, including staff and directors. You will need to register for this scheme, if you`re the owner of a Limited Company you will be classes as an employer and employee.When you pay yourself a monthly salary, you will need to send a PAYE return to HMRC which will show the amount you have paid, including tax and deductions. Again the amount of National Insurance and income tax will depend on the tax code and your tax status.If you need help with your companies accounts please speak to us today. We offer free and impartial advice, our business accountant can help with PAYE registration and can help explain your current tax status and how best to optimise your current situation.If you liked this accounting blog post, you can read more from Your Virtual Office London blog.

July 22, 2014
May 5, 2021

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UK economy has strongest growth in the G7

The UK economy posted the fastest growth in the G7. It`s predicted that the economy will grow quicker than any other economy in the G7 in 2014.

The UK economy posted the fastest growth in the G7. It`s predicted that the economy will grow quicker than any other economy in the G7 in 2014. The UK`s GDP will reach 3.1% which is a direct result in capital investment.In comparison Germany is only expected to grow at 1.8%, the item body has forecasted.The GDP rose by 0.8% in the first quarter of 2014, this is the fifth consecutive quarter of growth which equated to the longest growth run since the banking crisis. The same people who have forecasted the growth for the UK have also stated that the interest rates would not rise in 2014, remaining at the record low of 0.5%.Inflation figures post last week did show a large increase to 1.9% in June, which was up from 1.5% in May. It convinced many that the Bank of England would raise rates in order to curb the inflation. However the same people who have predicted the UK`s growth have suggested that inflation rates were over pessimistic, and that they actual inflation on wages was only 0.7% which did exclude bonuses.If inflation is low and the UK has a strong pound, combined with risks from the Eurozone would suggest caution in any interest rate rise.There is also some great news for workers, it is predicted that real incomes will actually grow over inflation over the next two years.If you found this economy blog interesting you can read more informative articles on our business blog. Your Virtual Office London supporting British Businesses.

July 19, 2014
May 5, 2021

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Which London address package is right for me?

Find out which London address packages are right for your trading businesses, a registered office address service and a director`s service address.

We provide three different address services. We provide a London office address for trading businesses, a registered office address service and a director`s service address. All three are different from each other and have key features which are important to understand.The first question you need to ask yourself is what type of business are you? Are you a Limited Company, Partnership or sole trader? (There are more legal entities to the ones we listed but these are the main types our customers own).If you are a Limited Company you will be able to choose all three services. The our central London office location is for your company registration, this is the main address that is required legally by Companies House. This address is on public record, the registered office address will be used to send you legal letters and statutory mail such as Tax Returns from HMRC& company documents from Companies House. The advantage to using our registered office address service in London is that it instantly takes your personal address of record; this has obvious benefits and keeps your address private and secure. Another benefit is that it looks very professional; our address situated in London is in a vibrant and affluent business start-up area which will instantly give your company an excellent image to prospective clients.Again if you`re a Limited Company our Directors Service address is similar in terms of function to the registered office address. When you register a limited company through Companies House, you will need to list at least one director. When you list this director Companies House will require you to input contact information such as where the director is located. Our director`s service address allows you to place our prestigious London address instead of your own. Again the same benefits apply to this as per the registered office address; it takes your personal address of public record and makes you look more professional.Our London office address for trading businesses is for Limited Companies, sole traders and even personal customers. This is simple a mail address that allows you to receive your post at our London office address. This has many benefits such as making your business look established, if you`re a personal customer this can help if you are in many locations and need a central point to pick up your post form. Many customers use this address as their main office location, if you are based in another city, having the capital as another option for your customers makes your business operation look more professional, helping them to have trust in your business. For full features please view our London office address package page.If you have any questions about Your Virtual Office London packages, please get in touch with us today. Our team are always happy to take your call, or if you prefer, drop us an email and we aim to respond same day to all emails during working hours.If you liked this blog post, you can read more in our informative business blog.

July 19, 2014
May 5, 2021

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Chinese company purchases Forbes Media

Forbes Media have been in family hands for over 97 years. But Forbes has recently sold the majority stake in the business to a Hong Kong-based Chinese Company.

Forbes Media have been in family hands for over 97 years. However, Forbes has now announced that they have sold the majority stake in the business to a Chinese Company based in Hong Kong.Forbes Media is famous for the Forbes magazine, which published the rich list. Integrated Whale Media are said to the be the group behind the purchase. However the Forbes Family have still said they will have a large stake in the company, just not the majority. Steve Forbes the current chairman will remain in his position.The company was founded by the grandfather, 97 years ago, Forbes said that this should be seen as an opportunity to strengthen the companies mission. Forbes reaches over 75 million people worldwide every month through pring, TV and digital media. The companies headquarters will remain the United States of America but the company is now looking to expand to international markets.If you liked this story, you can read more informative articles on our business news blog. Your Virtual Office London, leaders in virtual office and company formations.

July 18, 2014
May 5, 2021

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What is a company trading name?

In the UK many companies tend to use a trading name to operate under. This is different to a Limited Company name. Find out the details in this article.

In the UK many companies tend to use a trading name to operate under. The company trading name is different to a Limited Company name. Many businesses prefer to operate under a different name and there are many reasons why they would choose to do this.Firstly a company may have different operations, this means they may be running multiple businesses but under the main Limited Company. In this instance it would make more sense to have different names for each business to help give them a brand and identity.Secondly many businesses have a website address and choose to trade under this name, as the company name may be to long or they chose to go for a more memorable website name.There are issues with trading as names, first of all is the Business Names Act 1985 which states there are legal requirements that a Limited company must adhere too. First of all is that the trading name cant be similar to another company name which could then mislead customers. Secondly sensitive words are not allowed to be used, this are words such as “group”, “frederation” and so on.We would always recommend you do you research first, when you form a limited company check out the competition. If you are planning to use a trading name, run a company search and see if there are any competitors who are using this name.Your Virtual Office London are company formation experts. We have formed many thousands of companies over many decades. If you are unsure of anything you have read please do get in contact with us, we are always happy to help. If you would like more advice on trading names, limited company formation or one of our other services we have a professional team ready to take your call.

July 18, 2014
May 5, 2021

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Free Fast Track Business Banking

Your Virtual Office London provides a free fast track business banking service for all Limited Company formations. Find out in detail in this article.

Your Virtual Office London provides a free fast track business banking service for all Limited Company formations.A limited company in the UK should have a business bank account to show all the income and expenditure of the account. This makes it a lot easier as opposed to using a personal account, as the transactions are kept separate making it easier for your accounts.A limited company has to complete annual returns and tax returns which are legal requirements from Companies House and HMRC. A dedicated business bank account for your Limited company is the best way to keep a record of all your transactions, making it a lot easier to do your accounting as and when its needed.Your Virtual Office London have teamed up with Barclays to provide all clients with a free fast track business bank account. We have helped over 1000 clients start up with a Barclays bank account which are free and come with excellent benefits such as the following:A few of the Barclay's Business Bank Account Features:

  • Free Business baking without charges for upto 12 months.
  • A necessary introduction meeting at a Barclays bank of your choice.
  • A free debit card, cheque book and safety chip and pin reader for online baking
  • Free online banking, mobile apps for your phone, text alerts and paper statements.

I would like to go take your free business bank account up, what next?All Your Virtual Office London clients are able to apply for this offer. If you have a Limited Company and you would like to apply please contact us.Once we receive your details we will inform Barclays of your interest and they will the get in contact with you, its that simple.

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