Tax and Business
Internet sellingIt's a myth that selling anything in cyberspace is unregulated. It is actually highly regulated. Use this checklist to make sure your site is fully compliant and that any contracts made are legally binding. ... Read more
12 Oct 2016
E-commerce terms and conditions Having the right terms and conditions in place is an essential part of any successful e-commerce business. Use this checklist to make sure yours are up to scratch. ... Read more
12 Oct 2016
Director's loan agreementA director shareholder doesn't have to sign a loan agreement when they borrow money from their company. The terms of borrowing can be agreed orally or just implied. However, in certain situations a director is required by compa... Read more
01 Sep 2016
Director's loan account write-off letterAn overdrawn director's loan account can be cleared by the company if the directors or shareholders agree to write the loan off. However, it must get the paperwork right.Reporting requirementsWhere a director or ... Read more
01 Sep 2016
Letter to HMRC - problems with online filingIf you've missed the deadline for submitting your VAT return online (or paying your VAT electronically), you might be let off the hook where you can show this was caused by IT problems.Explain whyIf you we... Read more
01 Sep 2016
Sale of goods agreementBusinesses are generally free to enter into contracts on whatever terms they see fit to agree. However, The Sale of Goods Act 1979 underpins any transactions that involve goods being sold. This is not to be confused with th... Read more
04 Jul 2016
Purchase orderA purchase order is literally what it says; an order is placed to buy a product or service. It's sensible to always use a purchase order because it reduces the chance of misunderstandings over what has been purchased. PurposeIn addit... Read more
04 Jul 2016
Assignment of intellectual property (IP)Different IP rights often subsist in a single work. For example, a list of personal data may be protected by copyright and database rights simultaneously, and a logo may be protected as both a trade mark and ... Read more
04 Jul 2016
04 Jul 2016
Loan agreement A loan agreement is created when a lender agrees to lend money to a borrower. It acts as an enforceable contract between the parties where the borrower must pay back the lender according to the terms set out in the agreement.When is ... Read more
04 Jul 2016