Tax and Business
Models (673)
Written record of decision by sole shareholderIt's common for small companies to have a sole shareholder. If your company does, one of the special rules that applies is the requirement to make a written record of any decisions made by the shareholder.... Read more
24 Oct 2018
Company director's loan agreementYour company has agreed to make a loan to one of the directors. Use our model loan agreement to get the terms agreed in writing.Helping handLoans to directors are permitted, as long as the shareholders are given basic ... Read more
24 Oct 2018
Sole shareholder checklistIt's common for small companies to have a sole shareholder. Our checklist takes you through the special rules that apply.Special rulesIt may seem artificial to separate out the identities of a company and its sole shareholder... Read more
24 Oct 2018
Consequences of breach of dutyWhat action can your company take if one of the directors acts in breach of duty? Use our summary table to weigh up the options.Company's optionsThe action your company takes to address a director's wrongdoing largely depe... Read more
15 Oct 2018
Shareholder written resolution to ratify director's breach of dutyEven when a director has acted in breach of duty, their company may decide to excuse and legitimise their actions. Shareholder approvalWhen a director is in breach of duty the company w... Read more
15 Oct 2018
Types of authority to act on behalf of a companyWhen you do business with another company, you want to make sure that the person you are dealing with has the authority act so that any contract you enter into is valid. We take you through the points t... Read more
15 Oct 2018
Claim for quick succession reliefIf assets are inherited twice in a five-year period, a relief may be available to reduce the inheritance tax payable.IHTInheritance tax (IHT) is generally charged at 40% on the probate value of a death estate that exc... Read more
09 Oct 2018
Pre-incorporation losses claimIf an unincorporated business is transferred to a company and at the time it has losses, the business owner can, subject to conditions, claim relief for them against income they receive from the company. Incorporation... Read more
09 Oct 2018
Claim to carry back company trading lossWhen your company makes a loss the amount is carried forward by default and will be used to offset total profits in the future. Use our claim to get immediate relief for company trading losses.CompaniesThere ar... Read more
09 Oct 2018
Shareholder meeting timetableThere are many deadlines surrounding a shareholder meeting. Use our timetable to help you keep track.DeadlinesMost of the deadlines set out in the timetable are found in the Companies Act 2006. Check your company's article... Read more
02 Oct 2018
