If you thought the complexities of payroll were already hard enough, think again because thanks to a case involving voluntary overtime and an amendment to the employment rights regulations, calculating holiday pay is about to become even more … Continue reading Holiday Pay Headache
Making Tax Digital (MTD) for VAT was introduced for all UK businesses making annual taxable supplies of more than £85,000 for VAT periods beginning on or after 1 April 2019. A controversial policy of HMRC has always been that a business using, for … Continue reading MTD – Recording purchase invoices for VAT
The key considerations of giving shares to minors. The short answer to this is yes, it is possible. In England and Wales there are no statutory provisions prohibiting a child (under the age of 18) from owning shares. However, some companies do not … Continue reading Can a child own shares in a private company?
This month we are focusing on Limited Company - Company Secretaries. This week we look at whether a Company Secretary can sign legal documents? There is another option available to companies under English law, that having a contract executed by the … Continue reading Terrific Tuesday Tax Tip – Can A Company Secretary Sign Legal Documents?
With MTD just days away we thought you may be interest in some myth-busting information[i] “I cannot use bridging software after the 12-month soft-landing period.” There is not a deadline to stop using bridging software, so it doesn’t have to be … Continue reading Myths About Making Tax Digital