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When a sole trader incorporates into a one-person limited company especially where the business is inseparable from the individual, the concept of goodwill becomes complex and often non-transferable. For example, you are a fabulous hairdresser operating a sole trading business, and you’ve uilt up a good clientele who patronise you and only you because of … Continue reading
Companies House has announced a major update to corporate transparency rules. Starting Tuesday 18 November 2025, new legal requirements will come into effect requiring directors and people with significant control (PSCs) to verify their identities. This move is part of a broader effort to enhance the integrity of the UK’s company register and reduce economic … Continue reading
Phoenix Debola 