- : Year 02, issue 01?issue=01&offset=13&volume=02

 
Personal liability reminder - why now? Publication date: 12.10.2001
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Personal liability reminder - why now?.. The reminder. Recently, the Taxman has chosen to remind directors that they can be held personally liable for a company’s NI debt. These so-called “personal liability” notices have been around since 1998 but have received little publicity. Class 1A NI. NI contributions now include employer’s Class 1A....
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Tax-free expenses Publication date: 12.10.2001
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The benefits and expenses form-filling excercise for 2000/2001 has been and gone. But there is something you can do now to make your life easier for next year. What is it?
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“Can we pay just 50% now…?” Publication date: 20.10.2000
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Suppose a new customer places an order for goods worth £1,500. You get them in as agreed but when he comes to collect he can only afford to pay £750. Do you let him take the goods or not?
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Protection for key staff Publication date: 20.10.2000
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Like most small businesses you’re probably particularly reliant on the skills and knowledge of one or two key people. What if you were to lose one of them to long-term illness? Could special insurance cover help to keep you afloat?
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When goods go walkies Publication date: 20.10.2000
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Research shows that 75% of employees steal from their bosses. If you’re affected, the cost to your business could be significant. How far does the law allow you to go in searching suspected workers?
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Don’t forget the tax consequences Publication date: 20.10.2000
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You’ve worked hard to sell your business and the deal is nearly done. What a relief. But then you have to decide how to allocate the sale price and realise that this could affect your tax position. What are the main concerns?
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Are you really being served? Publication date: 20.10.2000
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Sometimes you might think that your accountant is on rather friendly terms with the Revenue. Whose side is he really on?
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Watch out for the dodgy bills Publication date: 20.10.2000
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You deal with most of your suppliers on a regular basis and there’s no problem with their invoices. But what about one-off goods or services from unknown sources? As there are some successful scams around how can you spot them?
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Fuel crisis - compensation for lost orders? Publication date: 20.10.2000
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Fuel crisis - compensation for lost orders?.. Touches everyone. However you look at it, fuel powers business. If you run out of the oil that drives your machinery, the whole production line might shut down. “ I’ll claim against the oil company”. This is certainly the natural reaction but it’s unlikely to succeed in law. Most oil supply companies...
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Late payment on the agenda again Publication date: 20.10.2000
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Late payment on the agenda again.. You probably know at least something of the Late Payment of Commercial Debts (Interest) Act 1988 which took effect late in 1998. For the first time small businesses (those with 50 or less employees) now have the legal right to claim interest (currently bank base rate plus 8%) on outstanding bills owed by larger companies...
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