Articles, tagged with "hm revenue and customs", page 3

If your business is in trouble consider a Company Voluntary Arrangement

If your company is in financial difficulty, you may be better off undertaking a Company Voluntary Arrangement rather than struggling to raise the funds necessary for a Pre-Pack Administration. Over the past 12 months, much has been written in the press... Read >
Author: Derek Cooper

Government tax and VAT TIME TO PAY scheme under threat

The government's tax and VAT Time to Pay scheme designed to help companies with their cash flow during the recession, may be more difficult to use if the business support centre is closed. Whatever the outcome of the changes, it seems likely that the numb... Read >
Author: Derek Cooper

Setting Up as a Sole Trader is a Lot Easier Than you May Think

Many employed workers, especially trained professionals, trades personnel and budding entrepreneurs dream of starting their own business. Unfortunately many potential new business owners dismiss that thought and instead labour on in someone else's employ ... Read >
Author: Adam Singleton

Inheritance Tax for Property Owners

Inheritance tax (IHT) is something that is unavoidable for most people. And for property owners, the position is likely to be worse than many others, largely because they are likely to have significant assets that cannot easily and quickly be realised, in... Read >
Author: Adam Singleton

Making Sure Your Taxes Are in Order

Taxes are an unsavoury business but they are one of the two facts of life (the other, or so we are told, is death). Unfortunately however the unpleasant nature of filling out tax returns, book keeping and filing documents means that many tax payers overlo... Read >
Author: Livia Konstandaras

Tips to ensure a successful Pre-Pack or Phoenix

There is no guarantee of a success when undertaking a Phoenix or Pre-pack. Following the tips below will help get off to the best start possible. The term Pre Pack liquidation or Phoenixing is used to describe the process where the assets (and often th... Read >
Author: Derek Cooper

Why You Need a P60

The UK tax system involves a whole host of different slips, forms and certificates: P60s, P14s, P45s, P46s… it can all get a little confusing. If you're just getting started as a professional it can be hard to know which ones of these are crucial and wh... Read >
Author: Livia Konstandaras

Tax For the Self Employed

Being self employed or owning your own business has many advantages, it allows you to be your own boss and work around your own schedule, it means you can work in your pyjamas with your music on, and it means that you get to reap the benefits of your own ... Read >
Author: Livia Konstandaras

A Quick Guide to Various Wage Slips and Forms

P45 - A P45 slip is a form that contains all of the employee's wages and tax issued during the duration of their employment that they receive upon termination of said employment. This is then passed to the next employer so that the earnings and tax each ... Read >
Author: Livia Konstandaras

What to do if Your Payslips are Lost or Invalid

Payslips are handed out to employees regularly, often on a monthly basis to confirm the amount that has been transferred into their account, and these should be kept for future reference. The really important wage slips however is the P60 that you receive... Read >
Author: Livia Konstandaras

How to prevent a landlord seizing goods in lieu of rent

During the coming months of economic difficulty, more and more companies are likely to struggle. Within this environment, one of the debts which a business may find difficulty to maintain is the rent payments on their premises. Where this is the case land... Read >
Author: Derek Cooper

UK And Gibraltar Sign TIEA

The UK's HM Revenue and Customs (HMRC) announced on August 27 that a new Tax Information Exchange Agrement (TIEA) with Gibraltar has been signed by representatives of each government. The agreement was initialed in London on August 24 by Lord Myners, F... Read >
Author: JM

Company Tax deferral is a recipe for Company Failures

In November 2008, the Chancellor of the Exchequer announced a fast track service to allow companies to apply to defer their corporation tax bills. In order to qualify for the deferment scheme, the business must agree their requirement with HM Revenue and ... Read >
Author: Derek Cooper

HMRC debts on the increase leading to Winding Up Petitions

Figures in a recent National Audit Office Report show the amount owed to HM Revenue and Customs (HMRC) in the form of unpaid income, corporation and VAT has risen dramatically from £2.7bn in 2007-2008 to £28bn in 2008-2009. The reason for this rise sugg... Read >
Author: Derek Cooper

ARE YOU REALLY SELF-EMPLOYED?

Danbro, the award-winning specialist accountancy firm for contract and freelance workers, is warning contractors to ensure they do genuinely fit the criteria of being self-employed ahead of a likely government crackdown. The government is currently consu... Read >
Author: Alex Askew

User published content is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License