Got staff? π§ Pensions aren't a one-off job. Enrol anyone aged 22+ earning Β£10k+, pay at least 3% by the 22nd of next month, and re-enrol plus re-declare every 3 years, even if nobody's re-enrolled. Drop me a message π
#WorkplacePensions#LimitedCompany#SmallBusinessUK
Year end 31 January? ποΈ Your company accounts must reach Companies House by tomorrow, 31 October, even though it's a Saturday. Late penalties start at Β£150 and double if you're late two years running π¬ Drop me a message
#CompaniesHouse#LimitedCompany#SmallBusinessUK
π Limited company director? Get my free year-end checklist: accounts, Corporation Tax, confirmation statements, VAT, payroll and dividends. Free with my fortnightly newsletter, out 3 Nov π https://t.co/Zb6OZAhnzF
Drop me a message π¬ #LimitedCompany#SmallBusiness
Limited company payroll? π· You could save up to Β£10,500 a year on employer's NI with the Employment Allowance, but you have to claim it on your EPS. Sole director, no other staff? You usually can't. Drop me a message
#Payroll#LimitedCompany#SmallBusinessUK
VAT check π§Ύ The Β£90,000 threshold is measured over any rolling 12 months, not your tax year. Go over and you've got 30 days from the end of that month to register. Expecting Β£90k+ in the next 30 days alone? Register now too. Drop me a message π
#VAT#LimitedCompany#Dorset
Salary or dividends? π· Dividends can only come from profits, need a directors' meeting, minutes and a voucher, and since 6 April 2026 they're taxed at 10.75% (basic) or 35.75% (higher) above the Β£500 allowance. Drop me a message π
#LimitedCompany#Dividends#Dorset
Ltd company director? ποΈ Your Corporation Tax is due 9 months + 1 day after your year end, but your return isn't due until 12 months. Year end 31 March 2026? Pay by 1 Jan 2027! Drop me a message π
#CorporationTax#LimitedCompany#Dorset
Limited company director? π My first newsletter lands Tue 3 Nov: key Companies House & HMRC dates in plain English, plus a free year-end checklist π https://t.co/Zb6OZAhnzF Drop me a message π #LimitedCompany#Dorset
Ltd company director? π· If your director's loan account is overdrawn and not repaid within 9 months of your year end, your company pays extra Corporation Tax on it (35.75% for loans since 6 April 2026). Drop me a message π
#LimitedCompany#DirectorsLoan#Dorset
Ltd company director? πͺͺ Companies House won't accept your confirmation statement until every director has verified their ID. It's free via https://t.co/US3zmT8nZf One Login and takes most people a few minutes. Drop me a message π
#CompaniesHouse#LimitedCompany#Dorset
CIS subcontractors π· Your contractor must give you a payment & deduction statement every month. Keep them all, check it's 20% (not 30%), and claim your deductions back on your tax return π·
Drop me a message
#CIS#SmallBusinessUK
π¨ TASKMASTER #GIVEAWAY π¨
To celebrate the launch of the new #Taskmaster series we're giving away the NEW Taskmaster Secret Series Game & Card Game π
Simply RETWEET & TAG a friend to enterπ²
Ends 30.09.22 at 12pm! UK only, T&Cs apply.
@AlexHorne@taskmaster