Do you need to find the vat registration number for a UK or EU company? Or do you have a vat registration number for a UK or EU company that you want to check? Remember without a valid vat registration number HMRC will dispute the input vat reclaim. Vat registration numbers in the UK When …
When do you need to register as an employer? When is registration not required? We will explain the steps you need to follow to register as an employer. The failure to register can incur significant penalties so follow this guide to ensure you are compliant. When you must register as an employer? You would assume …
In 2016 the small company limits were almost doubled. Companies which previously filed medium accounts could now potentially file as a small company. So, what are the small company limits in 2018? The small company limits 2018 The small company limits have 3 criteria. To qualify as a small company you must satisfy 2 out …
Companies house contains a register of all filed company information. It is available to the public without any logins or passwords. You can view companies house accounts filed, deadlines and much more. How to view information on companies house To access your company or any other company follow these steps: On any web browser open …
Tax code BR is one of the most popular tax codes but very few people seem to know what it is? We explain how tax code BR affects your take home pay? Why you might have a tax code BR? And how to change tax code BR if it is incorrect? What is tax code …
Small companies are now required to disclose the number of employees in their year end accounts. But do you include directors in this total? When are directors employees? Incorrect accounts disclosures could incur penalties of £20,000 per worker and £10,000 per day. Why? Minimum wage regulation and auto-enrolment legislation could apply. So you should ensure …
There are several options available to pay corporation tax. We go through them all in detail so you can decide the best option. If your payment is received late HMRC will automatically charge you interest so ensure you pay corporation tax on time. Recap: what is corporation tax? Corporation tax is payable on profits of …
The UK national minimum wage changes every April. From the 1st April 2018 the new hourly wage is up to £7.83 but this varies depending on age. The maximum fine for non-compliance is £20k per worker so it is important to get the rates correct. UK national living wage The UK national living wage is …
The new tax year begins on 6th April 2018 and therefore this means new PAYE tax codes. The most common will be tax code 1185L. Every year millions of codes are incorrect so you must check your tax code or you could end up owing HMRC. Why is the most common tax code 1185L The …
Limited companies must disclose who the persons of significant control are. Failure to provide accurate information is a criminal offence. You could receive an unlimited fine and up to 2 years prison sentence. Have you checked your register is correct??? Introduction of the persons of significant control register The confirmation statement replaced the annual return …