Purchase of own shares clearance letterFor unquoted trading companies, the amount received by a shareholder on selling their shares back to the company may be treated as capital rather than as a distribution... Read more

Employee pool car agreementBanning private use is essential for a car to be considered a pool car by HMRC. A verbal ban may work but it’s more sensible to require the employee to sign an agreement that... Read more

Letter seeking agreement to flexible furloughFrom 1 July 2020, you can ask furloughed employees to return to work part time but retain them on furlough for the remainder of their unworked usual hours.... Read more

PAYE settlement agreement letterA PAYE settlement agreement (PSA) can be used where you want to meet the PAYE tax and Class 1A NI liability in respect of small or irregular taxable benefits you provide... Read more

Redundancy termination noticeOnce you’ve completed your consultation procedure and you need to make an employee redundant, you must issue them with a formal  notice of termination of employment.Notice... Read more