Warning to Directors with outstanding loans
HMRC has introduced a new voluntary process in relation to Director’s Loan Accounts (DLA) when they are written off within a corporate insolvency procedure.
Blog
IR35 and the upcoming changes
A Guide to IR35 and the upcoming changes.
250,000 Small Businesses at risk of closing
Without some Government intervention it is feared that 250,000 small businesses could fail this year, according to a recent study carried out by the Federation of Smal
COVID hits the Young and Ethnic Minority jobs hardest
The effect of COVID on employment is likely to harder on young and ethnic minorities, according to a survey of 6,000 adults carried out by the Resolution Foundation.
How to Apply for the Furlough Scheme
The world of COVID 19 is a totally new one for everyone, and that includes business owners.
Sub Contractors should seek assistance as early as possible.
It is the usual story in the sub-contracting sector of the construction industry, with the smaller cub-contractors feeling the squeeze from the main contractor “up the chain” .
Redundancy Pay for Directors
When a company is insolvent it is well known that the staff are entitled to be paid redundancy payments. This is paid from the assets of the company.
Increase in Pension Payments
From April 2019 both employers and staff will need to increase the contributions to the workplace pension scheme.