Year-end accounts are due at Companies House 9 months and 1 day after the end of your financial year. Companies with a 31 December 2020 year-end will have to file their accounts by 30th September 2021. Read this checklist to get ready for year end accounts filing.
InsightsAccounting tips, help and insight for Small Businesses and Startups in The UK
HMRC is not going to send notifications or letters when a payment is due, so make sure you keep on top of the deadlines. Your PAYE bill is due on 22nd September of this month. Use a Payroll Software that can help you pay PAYE on time and continue to send due to PAYE remainders.
The scenario of Payroll Processing has significantly changed over the past few years. The emergence of cloud technology has been a boon for small business owners. Last year was very difficult for every business and due to this; there have been emerging trends in Payroll in the UK. Read this blog to see what’s going to be the “new normal” in this field.
Some entrepreneurs might have knowledge in maintaining a business, many can be naive. When you accurately handle your financial situations, it sustains your company and reduces the chance of failure in the long term.
Dormant companies are those who don’t actively trade and don’t have some other sources of revenue, including investment income. When your company is named dormant (not trading), you don’t have to file full accounts.
In this blog, we’ll discuss the tax benefits of contributing to a pension plan from the company. What are all the tax benefits, if you withdraw money from the pension scheme after 55?