You can get £95.85 per week Statutory Sick Pay (SSP) if you’re too ill to work. It’s paid by your employer for up to 28 weeks.

VAT-registered businesses must:

VAT registered businesses with a taxable turnover of more than £85,000 must follow the rules for ‘Making Tax Digital for VAT’.

You can close down your limited company by getting it ‘struck off’ the Companies Register, but only if it:

• hasn’t traded or sold off any stock in the last 3 months

• hasn’t changed names in the last 3 months

• isn’t threatened with liquidation

has no agreements with creditors, eg a Company Voluntary Arrangement (CVA)