Tax and Business
Models (673)
Preventing discrimination and harassment claimsThese are to be avoided at all costs. Quite apart from generating adverse publicity, they can be very costly as there's no cap on the amount of compensation that can be awarded. This checklist will help a... Read more
15 Nov 2011
PAYE and National Insurance As an employer you are responsible for deducting both income tax and National Insurance contributions (NIC) from your employee's salary. Failure to do so could result in you being fined as well as being liable for any unpai... Read more
11 Nov 2011
The business lease (whole of building)If you own the freehold to business premises, then you might, at some stage, want to rent out to a tenant. To do this properly and make your life easier, you'll need a business lease drawn up. Use our form of leas... Read more
24 Jun 2011
Changing interview notesIf you attend an enquiry with one or more HMRC officers they will make notes of the meeting and they will ask you to agree that they are a true and fair representation of what was said. The document can be used as evidence in ... Read more
01 Sep 2010
Letter to get a tax penalty reduced or suspendedHMRC has the power to reduce a maximum tax penalty to take account of the nature and quality of any disclosure you have made about an "inaccuracy". How do you get this on the inspector's negotiating agenda... Read more
01 Sep 2010
Key events chartIf you are subject to a personal tax enquiry, deposits on your bank account statements could be taken to be a second source of income by HMRC. Therefore, it's a good idea to keep an up-to-date record of these rather than relying on you... Read more
01 Sep 2010
Sample childcare voucher Where you offer your employees childcare vouchers as a benefit in kind, you can use a childcare voucher company to administer the scheme and provide the vouchers. Alternatively, you arrange childcare direct with registered ch... Read more
01 Sep 2010
Private expenditure recordDuring a full enquiry into your tax return, if you are self-employed you can expect the inspector to start asking questions about your private expenditure. The presumption is that any "missing" takings from the business will s... Read more
01 Sep 2010
VAT appeal letterIf you disagree with a VAT assessment or decision made by HMRC, you can, in most cases, appeal against it or ask for HMRC for a review to consider cancelling the appeal. An appeal should always be made in writing and usually within 3... Read more
01 Sep 2010
PAYE SETTLEMENT AGREEMENT LETTERHMRC ...................................................................(insert address)................................................................................................................................. Read more
01 Sep 2010
