HMRC may deny the tax deductibility of losses if a surrendering company has generated the losses through an artificial tax deduction scheme – for example, through loans taken out for an unallowable tax avoidance purpose. In such cases, the losses would be treated as though they don’t exist ...
You can connect one or more businesses in the United Kingdom to combine value-added tax (VAT) reporting under a single registration number. This type of arrangement is known as a VAT group. You can engage with the group as a member or as the group representative....
profits are attributable to UK significant people functions (SPFs), those profits will be taxed in the United Kingdom unless one of four conditions are satisfied (the first of which is that obtaining a tax advantage is not the main purpose or one of the main purposes of the arrangement). ...
Payments can be made via bank transfer or debit card. We do not accept credit cards, cheques or cash deposits into our bank. Should you attempt to, or be successful in making a payment to us by cheque or cash, the payment will be held until arrangement is made to return the funds an...
Your insolvency, bankruptcy or other arrangement being reached with creditors; Your failure to pay our fees by the due dates; You being in breach of your obligations, where this is not corrected within 30 days of being asked to do so. In addition, the engagement between us may be terminated...
Not be threatened with liquidation or any other type of insolvency proceedings, or have agreements with creditors such as a Company Voluntary Arrangement (CVA) What is the process for dissolving a company? Once you are sure your company meets these objectives, the process of dissolution is done ...
If HMRC are chasing you for payment, the company is already in the danger zone as they are relentless in the pursuit of bad debts. Penalties for late payment of tax can be significant, making a dire financial situation untenable. As of 1 January 2023, HMRC have introduced...
It gets into an arrangement with a factoring company and gets the needed cash against those invoices. In this way, business operations run smoothly. Customer loyalty and the positive image of the business are maintained. Business is also able to concentrate on its core activities, be it ...
If such Goods are accepted pursuant to a special arrangement, but, thereafter, and in the opinion of the Company, constitute a risk to other goods, property, life or health, the Company shall, where reasonably practicable, contact the Customer in order to require him to remove or otherwise ...
And Royal Dutch Shell subsequently exploited the technology without payment or credit to the company holding the rights; Newton Research Partners. The inference seems to be that Twister B.V. was founded by Shell partly on trade secrets stolen from Bloom/Newton. For more information read: ...