S R Lynn & Co·Blog

Unexpected repayment return: do you need to do anything?

Your business always pays VAT on its returns. The current period shows a repayment is due from HMRC. What checks should you do before submitting the return and how will HMRC deal with this unusual claim?

Articles

Company income sharing for couples

7th June 2024 by Joanne Stoneman

You’re getting married soon and to save tax you want your partner to receive a share of the dividends from your company. Should you transfer some of your shares or should your company issue your partner with new shares?

Are you ready for the next payroll deadline?

6th June 2024 by Joanne Stoneman

With the PAYE end of year procedure safely negotiated your next payroll task is preparation of the various employee-related reports required by 6 July. What steps must you take to avoid trouble with HMRC?

Invoice factoring: how do you account for VAT?

31st May 2024 by Joanne Stoneman

Invoice (debt) factoring is a service that businesses with cash-flow problems might consider. Broadly, it means obtaining finance secured against the value of unpaid invoices. What does this involve in practice, and does it create a VAT headache?

Showing Articles 31 - 33 of 160 Articles