Changing the company’s name, address and other details Adding or removing a new director, company secretary or partner Changing the company’s status or dissolving the company Dealing with HMRC Companies will also need to quote their CRN in dealings with HMRC including: Registering for and ...
If you’re the director of a limited company, HMRC will know how much salary the company has paid you, because the company will have been making payroll submissions under RTI. What HMRC won’t know is how much you were due to receive from the company as dividends, or any other income ...
HMRC Time to Pay arrangement (TTP) Company Voluntary Arrangement (CVA) Administration What About Liquidation? An insolvent liquidation process has the specific aim of closing a limited company. After the sale of any assets, cash is then redistributed to repay creditors. For directors, it’s a wa...
First off, let’s clarify that company directors are not necessarily the owners of the company, it’s actually shareholders who own the company. However, directors can also be shareholders. So if they don’t always own the company, what does a director do? The short answer is that they r...
Generally speaking, you can expect a tax investigation to happen around every 5 years. But the likelihood of tax investigations will increase if HMRC suspects any tax is being underpaid. You may want to think about getting insurance to help you cover the cost of a tax investigation or joining...
What is HR Software? ... HR outsourcing services ... Read more about HR outsourcing services ... Stay in the knowWith HR updates, exclusive offers, and new product launches you don't want to miss. Sign up View our privacy noticehereview our privacy notice ...
As a sole trader, the biggest driver for becoming a limited company is usually tax efficiency. If you’re the only director and shareholder, the most tax efficient way to pay yourself is a small salary that’s topped up by dividends. This is because of how HMRC classifies and tax differen...
Living near water is good for her mental health, Tracey says, but there is a necessary "adjustment" involved. "There's a lot more planning involved with living on a boat than living in a house. You have to make sure you have enough coal or wood, diesel, water and ...
This software is often delivered on premises, both on premises and in the cloud, or through software as a service. It is considered part ofcore HRsoftware. Payroll software is often delivered on premises, in the cloud or through SaaS. ...
A balance sheet –a financial statement which shows how much the company owns, owes or is owed at the end of the financial year. This must be signed by a director and include a director’s name. A profit and loss statement –also known as a profit and loss account or a P&L account...