21st March 2021 10:59 am
Company liquidation is usually a process carried out due to being financially unsuccessful or being unable to pay its creditors the money owed. If this was the case, the company would be placed into liquidation by the directors and shareholders, any remaining assets would be realised and any creditor liabilities…
This applies to companies within the charge to Corporation Tax investing in plant and machinery on or after 1st April 2021. The companies can claim for the investments made in qualifying expenditures between 1st April 2021 and 31st March 2023: Super deduction offering 130% first-year relief on qualifying main rate…
15th March 2021 12:18 pm
Started in 2017, the legislation was introduced making a statutory duty for organisations numbering 250 or more employees to give an annual report on their gender pay gap. This included the mean and median pay and bonus gaps, proportions of male and female in each pay quartile and proportions of…
Why is having a NI number important? Your NI number is your unique identifier within the UK’s social security system. If you’re liable to pay National Insurance contributions, want to pay them voluntarily, or if you wish to claim tax credits, welfare benefits or apply for a student loan –…
28th February 2021 19:01 pm
The deadline for your VAT return is generally 1 month and 7 days after the end of a VAT reporting period. Completing a VAT return approx. every 3 months will determine how much VAT is due. This lets HMRC know the figures of your total sales and purchases in the…
