How Far Back Can HMRC Claim Unpaid Tax
Why would HMRC claim unpaid tax? And how far can HMRC claim go back? There are many different time limits. The limit set depends on whether it is a claim or an assessment. The HMRC is a government agency in the United Kingdom that assists the government in collecting taxes and duties on its behalf. […]
How Do You Cancel Car Tax
Are you thinking of canceling your car tax? Are you looking for the process to do it cancel car tax? There are a few situations where it makes sense to get rid of your motor vehicle tax, the most popular of which is while selling your automobile. The good news is it’s pretty easy to […]
Credit Control – How to Get it Right Every Time
One of the most important aspects of running a successful business is effective credit control. Your business’s cash flow can be severely impacted if money does not come in on time, and the resulting problems can quickly spiral out of control. Effective credit control is an important process that begins with getting to know your […]
What is a P11d: A Basic Guide
Do you receive or pay your employees’ or directors’ expenses or benefits throughout the year? Then you must complete and submit a P11d form to HMRC for each employee who has received the benefits, as well as a P11d(b) to summarize the class 1A NIC due, as required by law. Does all that sound like […]
The Right – and Legal – Way to Use a Probation Period in the UK
It’s unsettling to realise you may have made a poor hiring decision. When dealing with a new employee, you might find they are different from how they appeared in the interview. Implementing a probation period in the UK can help ensure you’ve made the right hiring decision. It’s possible that they’re not very capable in […]
How to Close a Limited Company the Right Way
How to Close a Limited Company the Right Way Not every business succeeds, and not every partnership blossoms as expected, meaning that it’s not unusual for the time to come when the principals involved might want to close a limited company and move on to the next phase in their professional lives. Closing a limited […]
