Search :  
canterbury logo1 Canterbury Accountancy

About us Our Pricing Ready Made Companies Accountants fees Companies House Forms Statutory books services Company accounts Abbreviated accounts Business taxation services Starting a business Employing people

companies_house

Reminders for Directors

  • One person can form a Ltd company.
  • Directors are to provide service address to Companies House for public record instead of residential address.
  • Service address can be the company registered office or other address as long as mails from Companies House can reach the directors.

HM_Revenue_and_Customs

UK Tax Authority - HM Revenue and Customs

  • Companies are required to register for VAT if annual sales exceeded £68,000.
  • Companies are required to register for PAYE if directors are drawing salaries and maintain payroll records.
  • HM Revenue and Customs will issue £100 penalty if companies failed to file corporation tax returns on time.
 
Business Quiz - See what your score
1. What is the current VAT registration threshold for businesses?
 
GBP 58,000
GBP 67,000
GBP 68,000
Submit
 
Latest Business News : High Streets bid for £1m funding      Europe hit by Russia gas shortage      Annuity sales 'unfair and opaque'      VIDEO: Do the super-rich pay their way?      Credit unions hoping to widen net      

Costly mistakes for employers

 

Nowadays many growing businesses employ staff to keep up with the growth. This means that having proper employee handbook detailing the company policy and procedure is of vital important to both employers and employees. These policy and procedures can serve as a guideline in resolving any disputes between employers and employees and encourage fair and consistency.

Generally, employers can be taken to Employment Tribunals for the following reasons.

  • Sacking an employee unfairly
  • Refusing employees to take their holidays or breaks
  • Refusing employees’ rights
  • Discriminating against people who work for you, want to work for you or have worked for you
  • Failing to provide a safe and healthy work environment
  • Paying employees below minimum wage
  • Asking employees to work long hours
  • Not following disciplinary procedures
  • Owed monies to employees for sickness, maternity and redundancy
  • Not paying men and women equal pay for the same job.

Doing the right thing by complying the employment law can avoid unwelcome publicity. The kind of publicity will damage your business reputation and you will be marked as bad employers.

Canterbury Accountancy - Helping businesses to adopt good employers’ practices.

 
Email This Page  Print This Page


 
 

Chartered_Accountants Contact_us

Accountancy_services_price