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About Top Birmingham , West Midlands Accountants – AMCI Associates

What is AMCI?

AMCI Associates is a firm of top accountants and management consultants based in Witton, Birmingham that takes pride in providing a highly efficient service to all our clients locally and nationally.

In a dynamic environment, clients need to be confident that their financial affairs are in good hands.  This confidence is gained by our friendly and personal approach to all professional matters and by the results achieved by our advice and recommendations.

What kind of AMCI company is?

If you are looking for a highly experienced, reliable, professional and approachable accountancy and consultancy firm then the team at AMCI associates Birmingham Top Accountants is here to assist you. We have been offering high quality accountancy, taxation and advisory services since 2003. Our services include book-keeping, accounts production, tax planning and tax investigations, VAT, Payroll, company formations, business start-up and planning, R &D credits, raising finance, project management and fee protection insurance. Our clients see us as a one stop shop to their financial freedom!

What kind of services offered by AMCI?

AMCI have been offering high quality accountancy, taxation and advisory services since 2003. Our services include book-keeping, accounts production, tax planning and tax investigations, VAT, Payroll, company formations, business start-up and planning, R &D credits, raising finance, project management and fee protection insurance.

Birmingham Top Accountants details are given below.

Tel:  +44 121 327 8316

Email:  info@amci-associates.co.uk

LinkedIn:  https://www.linkedin.com/in/ihqlak-hussain-a0459626

Main Office:  133 Tame Road, Birmingham, B6 7DG

Office Hours:  Mon – Thur 09.00 – 17.30, Fri 09.00 – 13.00



Birmingham Top Accountants: AMCI ASSOCIATES LTD (Accountants & Business Advisors) DIRECTOR – IHQLAK HUSSAIN has written a must read book for the Entrepreneurs

Ihqlak Hussain’s new book, SUCCEED!: An Inspirational Toolkit for the Serious Entrepreneur, dives into the author’s own personal experience, coming from a tough background, working hard and successfully achieving his goals. This book offers easy to understand and must-read advice for budding entrepreneurs designed to highlight how to plan, develop and execute a new business venture. With a step-by-step toolkit, real life case examples, inspirational stories and a realistic game plan for the launch of a new start-up, SUCCEED!, has become a must read for those ready to begin their entrepreneurial journey.

This book has been derived from a handout that Ihqlak produced, whilst at University College Birmingham, that addressed the challenge of simplifying business plans for non-business students. Having refined this handout over the years, Ihqlak developed it into a more sophisticated booklet that then became the basis of a well-received degree in Business Enterprise. The aim was to produce an easy-to-follow template of creating a workable business plan.

The foreword, written by Melvyn Pryer, discusses how when teaching, with Ihqlak, at University College Birmingham, they found that their students were full of ideas but needed guidance to refine and organise their thoughts into comprehensive business plans, with a specific focus on the financial aspects. In the face of the coronavirus and with many redundancies taking place, many entrepreneurial opportunities arise, and SUCCEED!, offers guidance to those eager to create and develop their own business, with advice in overcoming those challenges that exist amongst business start-ups.

With over 20 years of experience in start-ups, from client consultations at AMCI to university lecturing, Ihqlak is extremely qualified. He has advised entrepreneurs, around the world, as a Chartered Certified Accountant since 2003, with a 98% success rate. His guidance is straightforward and covers various sectors throughout the different stages of the economic climate. With the future of business being uncertain, this is the time for innovative entrepreneurs to follow their business dreams using Ihqlak’s book to help them begin their own ventures.

Marc Greene, the director and founder of Skirting World LTD, has said that SUCCEED! is ‘fundamental to the launch of any business venture’ and if you wish to thrive in business, like he has following Ihqlak’s advice, then you should read this book to learn the best from the best.

With more than 4.4 million new companies starting in 2020, a 26.9% increase from 2019, there has not been a greater need for this book than now. Available to pre-order on to your Kindle from Amazon, SUCCEED!, has been exclusively designed to show you how to achieve your goals in financial success. Whether you are: wanting to start a business but unsure how to do so; been affected by COVID-19 and want to find financial security for your family; or are a student with an exciting new business venture, this is the book for you.

‘With the increased number of new businesses over the last year, and the expectation for this number to continue to grow, I have designed a business guide, based on my own experiences, for new entrepreneurs to develop successful plans to help execute their new business enterprises.’ Ihqlak Hussain.

Order your copy of SUCCEED! from Amazon:

Editors Notes:

Media Contact: Andrea Sexton +44 7887997922 andrea@admire-pr.com

Ihqlak and AMCI Associates: https://www.amci-associates.co.uk/amci-associates-ceo-message/

SUCCEED! website details:


AMCI Associates, Birmingham Accountants Guide for 2021 Budget

Guide from


Tel: +44 121 327 8316

 Email: info@amci-associates.co.uk

AMCI specialises in supporting owner managed businesses and tax payers in the UK and beyond in terms of provision of high quality accountancy and business advisory services.  ‘Adding value every step of the way’ is what we do for our clients that see us as a ‘one stop shop’ for all their financial needs.

We have a book available on Amazon and Kindle (https://www.amazon.co.uk/gp/new-releases/digital-text/362217031/ref=zg_bs_tab_t_bsnr. ) Titled: SUCCEED!  Please order and benefit from it if you are planning to launch or develop your business further and realise your dreams post pandemic.

Budget 2021: tax rates and allowances


  2021/22 2020/21  
  £ £  
Income tax rates: England, Wales & Northern Ireland
(non-dividend income) (note 1)
0% starting rate for savings only Up to 5,000 Up to 5,000  
20% basic rate tax 12,571-50,270 12,501-50,000  
40% higher rate tax 50,271-150,000 50,001-150,000  
45% additional rate tax Above 150,000 Above 150,000  
Note 1: Welsh income tax rates and thresholds are subject to parliamentary approval, however the Welsh Government has made a commitment not to raise Welsh Rates of Income Tax. Therefore, Welsh taxpayers will continue to pay the same rates as their English and Northern Irish counterparts.

TheIncome tax bands will remain frozen until tax year 2025-26.

Scottish rates of income tax (non-dividend income) (note 2)  
19% starting rate 12,571-14,667 12,501-14,585  
20% basic rate tax 14,668-25,296 14,586-25,158  
21% intermediate rate tax 25,297-43,662 25,159-43,430  
41% higher rate tax 43,663-150,000 43,431-150,000  
46% top rate Above150,000 Above150,000  
Note 2: Scottish taxpayers pay the same tax as the rest of the UK on dividends and savings interest. Scottish income tax rates and thresholds are subject to parliamentary approval.  
  2021/22 2020/21  
Income tax rates (dividend income)    
Dividend allowance £2,000 £2,000  
Dividend ordinary rate (for dividends within basic rate band) 7.50% 7.50%  
Dividend upper rate (for dividends within higher rate band) 32.50% 32.50%  
Dividend additional rate (for dividends above higher rate band) 38.10% 38.10%  
Child benefit/guardian’s allowance rates (notes 3 & 4)      
Higher rate (eldest or only child) (per week) £21.15  £21.05  
Other children £14.00  £13.95  
Guardian’s allowance per week £18.00  £17.90  
Note 3: An income tax charge will apply to taxpayers with ‘adjusted net income’ exceeding £50,000 in a tax year, when child benefit is also received by them or their partner. The charge will reduce the financial benefit of receiving child benefit for those with income between £50,000 and £60,000 and remove it completely for taxpayers with income above £60,000.

Note 4: From January 2021,no child benefit payments are made in respect of children living overseas.This will apply to EEA migrants arriving in the UK under the new immigration system.

Personal allowances  £ £   
Personal allowance (note 5) 12,570 12,500  
Dividend allowance 2,000 2,000  
Maximum married couple’s allowance for those born before 6 April 1935 (note 6) 9,125 9,075  
Married couple’s allowance – minimum amount 3,530 3,510  
Micro entrepreneur’s allowance: individuals making property or trading incomes below the level of the allowance will no longer need to declare or pay tax, while those whose income exceeds the allowance have the choice of simply deducting the allowance instead of calculating their exact expenses or calculating their profits in the normal manner Allowance:
 Allowance: 1,000
Income limit for personal allowance (note 7) 100,000  100,000  
Income limit for married couple’s allowance: born before 6 April 1935 30,400  30,200  
Blind person’s allowance 2,520  2,500  
Rent-a-room relief 7,500  7,500  
Transferable/shareable tax allowance for married couples and civil partners (note 8) 1,260 1,250  
  2021/22 2020/21  
  £ £  
Personal savings allowance for basic rate taxpayers 1,000  1,000  
Personal savings allowance for higher rate taxpayers 500  500  
Personal savings allowance for additional rate taxpayers 0 0  
Note 5: From 2016/17 onwards, all individuals are entitled to the same personal allowance, regardless of the individual’s date of birth. This allowance is subject to the £100,000 income limit which applies regardless of the individual’s date of birth.  
Note 6: This allowance is reduced by £1 for every £2 of income in excess of the income limit, but married couple’s allowance will not reduce below £3,530.  
Note 7: Personal allowances are subject to the £100,000 income limit, which applies regardless of the individual’s date of birth. The individual’s personal allowance is reduced where their income is above this limit. The allowance is reduced by £1 for every £2 above the limit, down to zero.  
Note 8: This allowance is available to married couples and civil partners who are not in receipt of married couple’s allowance. A spouse or civil partner who is not liable to income tax, or not liable at the higher or additional rates, can transfer this amount of their unused personal allowance to their spouse or civil partner. The recipient must not be liable to income tax at the higher or additional rates.

If the couple marry or register a civil partnership, they will get the allowance on a pro-rata basis for the rest of that tax year. If one of them dies or there is a divorce or separation, the allowance continues until the end of the tax year.


National insurance    
Lower earnings limit, primary class 1 (per week) £120  £120  
Upper earnings limit, primary class 1 (per week) £967  £962  
Apprentice upper secondary threshold (AUST) for under 21s/25s £967  £962  
Primary threshold (per week) £184 £183  
Secondary threshold (per week) £170  £169  
Employment allowance (per year/employer) (note 9) £4,000 £4,000  
Employee’s primary class 1 rate between primary threshold and upper earnings limit 12%  12%  
Employee’s primary class 1 rate above upper earnings limit 2%  2%  
Married woman’s reduced rate between primary threshold and upper earnings limit 5.85%  5.85%  
Married woman’s rate above upper earnings limit 2%  2%  
Employer’s secondary class 1 rate above secondary threshold 13.80%  13.80%  
  2021/22 2020/21  
Class 2 rate (per week where profits are above small profits threshold)  


Class 2 small profits threshold (per year) £6,515 £6,475  
Special class 2 rate for share fishermen (per week) £3.70  £3.70  
Special class 2 rate for volunteer development workers £6.00  £6.00  
Class 3 voluntary rate (per week) £15.40  £15.30  
Class 4 lower profits limit £9,568  £9,500  
Class 4 upper profits limit £50,270  £50,000  
Class 4 rate between lower profits limit and upper profits limit 9.00%  9.00%  
Class 4 rate above upper profits limit 2.00%  2.00%  
Note 9: From April 2020, this will be limited to employers with an employer NIC bill below £100,000 in the previous tax year.

Any deemed payments made to off-payroll workers do not count towards the £100,000 employers (secondary) class 1 NICs total. You cannot claim employment allowance for these workers.

Employment allowance cannot be claimed for off-payroll workers.

Pensions  £  £  
Annual allowance (note 10) 40,000 40,000  
Lifetime allowance (note 11) 1,073,100  1,073,100  
Money purchase annual allowance (note 12) 4,000  4,000  

Note 10:The annual allowance is a limit to the total amount of contributions that can be paid to a defined contribution pension scheme and the total amount of benefits that you can build up in a defined benefit pension scheme each year, for tax relief purposes.

Since 6 April 2016, individuals with a high income have had a tapered annual allowance, where for every £2 of adjusted income over a threshold, an individual’s annual allowance is reduced by £1. From 6 April 2020, the Tapered Annual Allowance applies for individuals with ‘threshold income’ of over £200,000, and ‘adjusted income’ of over £240,000. The annual allowance will be £4,000 for individuals with total adjusted income (including pension accrual) over £312,000.

From April 2021, the annual allowance for individuals with total income (including pension accrual) of over £312,000 will be £4,000.

Note 11: The lifetime allowance will remain same at the current level of £1,073,100 until April 2026.

Note 12: The annual allowance is currently capped at £40,000, although a lower limit of £4,000 may apply if you have already started drawing a pension.


  2021/22 2020/21  
Reliefs and incentives      
Enterprise Investment Scheme (EIS) – maximum (note 13) £1,000,000 £1,000,000  
Venture Capital Trust (VCT) – maximum £200,000 £200,000  
Enterprise Management Incentive Scheme (EMI) – employee limit up to the value of £250,000 in athree-year period £250,000 £250,000  
Seed Enterprise Investment Scheme (SEIS) – maximum (note 14) £100,000 £100,000  
Social Investment Tax Relief (SITR) – maximum £1,000,000 £1,000,000  
Income tax relief on EIS schemes 30% 30%  
Income tax relief on VCT schemes 30% 30%  
Income tax relief on SEIS schemes 50% 50%  
Income tax relief on SITR schemes 30% 30%  
Note 13: From 6 April 2018, the annual limit is doubled to £2m, provided that any amount over £1m is invested in one or more knowledge-intensive companies.

Note 14: Capital gains tax reinvestment relief may also be available for investments made in 2018/19 on 50% of the amount invested.

Individual Savings Account (ISA):  £  £  
ISA (NISA) annual limit 20,000 20,000  
Junior ISA investment annual limit – under 18, living in the UK 9,000 9,000  
Child Trust Fund annual limit 9,000 9,000  
Lifetime ISA annual limit (note 15) 4,000 4,000  
Note 15: To open a Lifetime ISA you must be 18 or over but under 40. Contributions can be made until age 50. The government will add a 25% bonus to the savings, up to a maximum of £1,000 per year. The lifetime ISA limit of £4,000 counts towards the annual ISA limit.  
Capital gains tax 2021/22 2020/21  
Basic rate tax payer  10%  10%  
Higher rate tax payer  20%  20%  
Gain on sale of residential property  
Basic rate tax payer 18% 18%  
Higher rate tax payer 28% 28%  
  2021/22 2020/21  
Annual exemption – individuals / trusts for disabled persons (note 16) £12,300 £12,300  
Annual exemption – other trusts £6,150 £6,150  
Business Assets Disposal Relief lifetime limit (note 17) £1,000,000 £1,000,000  
Investors’ Relief lifetime limit £10,000,000 £10,000,000  
Entrepreneurs’/Investors’rate 10% 10%  
Chattels exemption £6,000 £6,000  
Note 16: Annual exemption of £12,300 is frozen until tax year 2025-26.

Note 17: Business Assets Disposal Relief (formerly Entrepreneurs’ Relief) lifetime limit reduced from £10m to £1m for disposals made on or after 11 March 2020.

Inheritance tax 2021/22 2020/21  
Single person’s nil-rate band £1 – £325,000 £1 – £325,000  
Single person’s 40% band over £325,000 over £325,000  
Residence nil-rate band (RNRB) – maximum (note 18) £175,000 £175,000  
Reduced rate (note 19) 36% 36%  
IHT rate (for chargeable lifetime transfers) 20% 20%  
Married couples or civil partnerships allowance nil-rate band £650,000 £650,000  
Gifts to charities Exempt Exempt  
Small gifts to same person £250 £250  
General gifts – annual exemption £3,000 £3,000  
Wedding gifts to children £5,000 £5,000  
Wedding gifts to grandchildren £2,500 £2,500  
Wedding gifts to any other person £1,000 £1,000  
Note 18: The RNRB is available in respect of a main residence given away to children (including adopted, foster or stepchildren). Any unused nil-rate band transfers to the deceased’s spouse or civil partner, even where death predates the availability of the additional threshold. It applies in addition to the existing nil-rate band (NRB) or threshold (currently £325,000) if the individual and estate meet the qualifying conditions.

Note 19: The estate can pay inheritance tax at a reduced rate of 36% on some assets if you leave 10% or more of the net value to charity in your will.

Business Property Relief 2021/22 2020/21  
Business or interest in a business and transfersof unquoted shareholdings  100%  100%  
 Taxation of trusts 2021/22 2020/21  
Accumulation or discretionary trusts:      
Trust income up to £1,000 – dividend type income (note 20) 7.50% 7.50%  
Trust income up to £1,000 – all other income 20% 20%  
Trust income over £1,000 – dividend type income (note 20) 38.10% 38.10%  
Trust income over £1,000 – all other income 45% 45%  
Interest in possession trusts:      
Dividend type income 7.50% 7.50%  
All other income 20% 20%  
Note 20: Trustees do not qualify for the dividend allowance. This means trustees pay tax on all dividends depending on the tax band they fall within.  
Corporation tax      
All profits and gains (excluding determination agreements and diverted profits) (note 21) 19% 19%  
S.455 tax on loans made by close companies to participators 32.50% 32.50%  
Note 21: Corporation tax rate will remain at 19% until March 2023. From April 2023, the main rate will increase to 25% for business profits made by the company over £250,000. A small profits rate (SPR) will also be introduced for companies with profits of £50,000 or less so that they will continue to pay Corporation Tax at 19%. Companies with profits between £50,000 and £250,000 will pay tax at the main rate reduced by a marginal relief providing a gradual increase in the effective Corporation Tax rate.  
Capital allowances      
Main writing-down allowance (reducing balance) 18% 18%  
Special rate writing-down allowance (reducing balance) 6% 6%  
Structures and buildings allowance (SBA) 3% 3%  
Motor cars if CO2 > 50g/km but does not exceed 110g/km) 6% 18%  
Motor cars if CO2 > 110g/km 6% 6%  
FYA – New and unused motor cars if CO2 emissions are 50 g/km or less (or car is electric) (note 22) 100% 100%  
Small pool write-off where WDV is £1,000 or less 100% 100%  
First-year allowances for electric charge points (note 23) 100% 100%  
Annual investment allowance (AIA) (note 24) £1,000,000 £1,000,000  
Annual investment allowance rate 100% 100%  
Note 22: From April 2021, the thresholds for FYA will be reduced from 50g/km to 0g/km. Main rate of 18% capital allowance will be applicable for business cars with CO2 emissions not exceeding 50g/km. Business cars with CO2 emissions exceeding 50g/km will be eligible for writing-down allowanceat the special rate of 6%.

Note 23: The allowance will be available until 31 March 2023 for incorporated businesses and 5 April 2023 for unincorporated businesses.

Note 24: From 1 January 2019 the annual investment allowance is increased from £200,000 to £1m for investment made from 1 January 2019. This is temporarily extended until 31 December 2021. The threshold will revert back to £200,000 from 1 January 2022.

Research and development tax credit rates 2021/22 2020/21  
SME rate 230%  230%  
Research and development SME payable credit (note 25) 14.5% 14.5%  
Research and development expenditure credit (RDEC) scheme 13%  13%  
Film/High-end TV/ videogames tax credit 25% 25%  
Open-ended investment companies and authorised unit trusts 20% 20%  
Note 25: For accounting periods beginning on or after 1 April 2021, the amount of SME payable R&D tax credit that a business can receive in any one year will be capped at £20,000 plus three times the company’s total PAYE and NICs liability.  
Patent box      
Patent box 10% 10%  
Standard rate(note 26) 20% 20%  
Reduced rate 5% 5%  
Zero rate 0% 0%  
Flat rate of VAT on gross turnover (for limited cost trader) 16.5% 16.5%  
Normal scheme registration threshold £85,000 £85,000  
Deregistration threshold £83,000 £83,000  
Cash and Annual accounting scheme – maximum to join £1,350,000 £1,350,000  
Cash and Annual accounting scheme – exit threshold £1,600,000 £1,600,000  
Flat-rate scheme – maximum allowed to join £150,000 £150,000  
Flat-rate scheme exit threshold £230,000 £230,000  
Note 26: Due to the Coronavirus pandemic, the hospitality, holiday accommodation and attractions industry can apply a reduced rate of 5% for certain supplies made between 15 July 2020 and 30 September 2021. Further the rates for these sectors will be 12.5% until 31 March 2022 before they are back to normal standard rate of VAT 20%.


  2021/22 2020/21  
Annual tax on enveloped dwellings (ATED) £  £   
More than £0.5m but not more than £1m 3,700 3,700  
More than £1m but not more than £2m 7,500 7,500  
More than £2m but not more than £5m 25,300 25,200  
More than £5m but not more than £10m 59,100 58,850  
More than £10m but not more than £20m 118,600 118,050  
More than £20m 237,400 236,250  








March 2021


This is a basic guide prepared by ACCA UK‘s Technical Advisory Service for members and their clients. It should not be used as a definitive guide, since individual circumstances may vary. Specific advice should be obtained, where necessary.  


birmingham top accountants

AMCI Associates CEO Message : Birmingham Top Accountants

AMCI Associates was founded in 2003 as a specialised boutique accountancy, taxation and business advisory services firm with a focus on small and medium sized businesses and tax payers. We have been serving this sector effectively by helping many start-up businesses achieve unprecedented success. We are trusted advisors with strong ethical leadership and our clients see us as a ‘one- stop shop’ for whatever challenges they are facing.

Our high quality service is akin to a small and medium sized business outsourcing their finance department to us with a significant cost saving and we treating every client with the level of care and attention as if the business were our own. What makes us unique is not just the ‘one –stop shop’ approach but the care and attention provided to all our clients leading to a highly trusted partner status.

Our successes in the accountancy, taxation and business advisory services aspects has led to formulation of a business training division to ensure that our stakeholders can benefit further from our knowledge and expertise. We offer a unique service offering that ensures complete support and guidance throughout the training process. With a keen focus on quality, we work closely to serve professionals in fulfilling their aspirations through providing cost-effective training packages and professional guidance.

AMCI Associates is committed to be a socially responsible corporate citizen. To ensure this, we treat our stakeholders with dignity and respect adopting an ethical approach to all our activities. In this context, we have established the charity – Mercy Organisation, to whom we donate 10% of our profits to good causes.

Our highly dedicated and committed team strive to achieve excellence and as the CEO, I am honoured to be the leader of this team. Our aim is ‘adding value every step of the way’!


Tel: +44 121 327 8316

Email: info@amci-associates.co.uk

LinkedIn: https://www.linkedin.com/in/ihqlak-hussain-a0459626

Main Office: 133 Tame Road, Birmingham, B6 7DG

Office Hours: Mon – Thur 10.00 – 19.30, Fri 10.00 – 13.00

birmingham top accountants

AMCI Associates Birmingham Top Accountants and Management Consultants

Welcome to AMCI Associates – Accountants and Management Consultants for the owner managed businesses.   AMCI Associates is an established firm of accountants, business advisors and also is passionate about management and leadership training to ensure that you and you’re business succeeds.

As our clients come from all walks of life, we offer them jargon free personalised service so that they can minimise their taxes and maximise their earnings.  Whether you are a micro, small or medium sized business or a tax payer, we can support you as trusted advisors by providing:

  • Accountancy Services: Book Keeping using cloud technology, Accounts Production, Personal and Business Taxation, VAT, and Payroll
  • Business Advisory Services: Company formations, Business Start-up, Business Planning, Research and Development Credits, Various short, medium and long term finance options including mortgages, Project Management and Tax Investigation Insurance
  • Management & Leadership Short & effective Training Courses:  Business Leadership for  busy SME Executives, Leadership development for emerging Executives, Finance for non financial manager, Advance Finance for non financial manager, Business Start-up, Business Development

Our result focused approach means we build strong, long lasting relationships with our clients.  AMCI works with their clients to support them meet their aims and aspirations.  In doing so, we shall save you time, assist you to gain greater returns on investment and minimize risks.  We shall support you now and in the future, and give you complete peace of mind.  We offer bespoke service delivery.  If there is anything you need, feel free to just ask us!



If you are seeking a highly experienced, reliable, professional and approachable firm, then we are here to support you to succeed, so feel free to contact us at


Tel:  +44 121 327 8316

Website:  www.amci-associates.co.uk


Adding value every step of the way!


birmingham top accountants


This image has an empty alt attribute; its file name is Starling-Bank_Logo_Vertical.png

Who are Starling Bank?

Founded in 2014 by Anne Boden, Starling is the UK’s first mobile bank offering super-fast setup, beautifully simple money management and 24/7 support, all with no monthly fees. From small businesses with big ambitions to freelancers figuring out tax returns, Starling’s award-winning business bank account is designed to make entrepreneurial life a little easier.

Key features

No monthly account fees

Speedy setup

Apply in minutes, with no three week waits.

Integrate with Xero, QuickBooks and FreeAgent

24/7 UK customer support

Stay in the know

With real time payment alerts and categorised transactions for spending insights.

Easy deposits

Deposit money at over 11,500 Post Office branches *. Send cheques via freepost, too.

FSCS protection

We’re a fully registered bank and the FSCS protects any money you keep with us up to £85,000 for eligible customers.**

Recognised For:

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Who’s eligible for a Starling business bank account?

● You’re the owner of a limited company and you’re the only person with significant control
(PSC) over it.
● You’re part of a limited company with multiple owners. With our multi-PSC account, you and
your fellow PSCs will each get a Mastercard debit card and access to a beautifully simple
mobile bank account. For more information, read our blog post titled ‘Introducing:
Multi-owner mobile business accounts for limited companies’.
● You’re self-employed. Our sole trader account is available exclusively to those who already have a Starling Bank personal account.
Entities engaged in, or linked in any way to, certain activities may not be able to open or have a businessbank account with Starling. Visit our Legal Documentation page at https://www.starlingbank.com/legal/ and select Business Current Account Terms for more information.

Getting started

Apply in minutes
It takes just a few minutes, direct from your mobile. No paperwork or branch visits required.

● To Get Started please Click Here.
● Download the app from Google Play Store or the App Store .
● Enter your personal details
● Verify who you are by uploading your identification documents and sending us a short video
● We’ll carry out some quick checks at a UK Credit Reference Agency
● Provide a few details about your business, such as its day to day activities and online
● We will then look to approve your application as soon as possible so you can start making the most of all the features to help you manage your business finances better.

Latest Advise from Birmingham Top Accountants, AMCI Associates on VAT and Brexit

With less than 30 days to go until the Brexit transition period ends, you need to act now!

Customs duty

Regardless of any free trade deal from 1st January 2021, there will be additional paperwork and border checks.  The UK will not require importers into the UK to produce post-Brexit customs declarations or pay any tariffs until 30th June 2021 after which  the imports and exports via the EU will be treated the same was as any other non-EU state such as China or Australia.  Due to border controls, expect delays.  The Border Operating Model is your manual for the EU trade. www.gov.uk/government/publications/the-border-operating-model

Impacts on Supply Chain

It is vitally important for importers and exporters to establish who is doing what in each country right now as all your future transaction chains will be affected.  Depending on what contracts you have with your customers in EU, goods are likely to take longer to reach final point of supply leading to extra admin and costs.

EORI numbers

Every business dealing with EU will require Economic Operators Registration and Identification (EORI) number from HMRC.  In some cases, it can take weeks to get this from HMRC.  Therefore, contact us soon so that we can assist you with obtaining this number.


AMCI Associates
: +44 121 327 8316
Main Office: 133 Tame Road, Birmingham, West Midlands, B6 7DG
Office Hours: Mon – Thur 10.00 – 19.30, Fri 10.00 – 13.00