Tax and Business
Models (673)
Statutory model articles forpublic companiesYour company is doing well and you decide to convert to a public company. You'll need to change your articles to reflect the additional requirements on public companies. The statutory model articles are a go... Read more
23 Feb 2018
Statutory model articles forprivate companies limited by guaranteeIf you are setting up a not-for-profit organisation, a company limited by guarantee may be the form for you. The statutory model articles set out a template for the rules governing you... Read more
23 Feb 2018
Employee - provision of home telephone policyIf one or more of your employees work from home and need a landline phone for work purposes, you might agree to provide the equipment and pay the rent and call charges. HMRC may argue that a benefit in kin... Read more
19 Feb 2018
Cars and car allowances policyIf you provide your employees with a car you can use a policy to set the detailed terms and conditions of its use. However, you must now provide the key information relating to benefits, including company cars, in the wr... Read more
16 Feb 2018
IHT claim for fall in value relief for land and buildingsWhere, within four years of the date of the deceased's death, a property in their estate is sold at open market value for less than probate value, you can make a claim to recalculate the inherit... Read more
14 Feb 2018
Record of giftsOne way to reduce an inheritance tax (IHT) bill is to simply give away your wealth during your lifetime. Keeping a record of the gifts you've made and IHT exemptions claimed will help the executors of your estate tackle any queries fro... Read more
14 Feb 2018
Transferring VAT number cover letterIf you acquire the trade and assets of a business as a transfer of a going concern (TOGC), you can apply to keep a pre-existing VAT registration number.TOGCWhen you buy a business as a TOGC you have the option of t... Read more
08 Feb 2018
Log of UK visitsEstablishing your country of tax residency is important to determine what income and gains you will pay UK tax on. For this reason you should keep a continuous record of your visits to the UK.ResidenceIf you are a UK tax resident, you... Read more
08 Feb 2018
Written resolution to alter company's articles of associationYou need to change your company's articles. This requires the shareholders' approval, but you don't have to call a meeting. Use our written resolution model.AdviceThe Companies Act 2006 calls f... Read more
05 Feb 2018
Chattel leaseIn order for a gift to be effective for inheritance tax (IHT) purposes, you must be excluded from benefiting, other than to a minimal extent, from the asset given away. However, you can use the asset without jeopardising your IHT positio... Read more
31 Jan 2018
