Documents for Business

In excess of 1,000 customisable documents covering every conceivable business issue.
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Employer/employee company car and van fuel agreement

Employer/employee company car and van fuel agreementTo avoid a tax charge arising where you provide an employee with fuel for their company car, have an agreement requiring them to reimburse the cost.Fuel benefit chargeIn addition to the company car b... Read more
 
 

Employee travel expenses policy

Employee travel expenses policyResponsibility for determining whether business expenses reimbursed to employees and directors are exempt from tax and NI rests with the employer. Therefore, it's good practice to have a travel expenses policy in place. ... Read more
 
 

Election for alternative maximum age basis

Election for alternative maximum age basisCompanies looking to raise finance via an enterprise investment scheme (EIS) have to receive their first tranche of funding within seven years of their first commercial sale. However, if the company qualifies... Read more
 
 

Company van agreement

Company van agreementNo taxable benefit in kind arises from making a company van available to an employee if they are not entitled to use it for private journeys and do not actually do so. To avoid the benefit you make an agreement with or set a pol... Read more
 
 

Checklist of employment status factors

Checklist of employment status factorsIf HMRC decides that an individual contractor should have been treated as your employee, it will ask you to pay the tax and NI that should have been deducted from their pay through PAYE, plus the employers' NI.  ... Read more
 
 

VAT voluntary disclosure of error letter

VAT voluntary disclosure of error letterIf you discover an error on a VAT return, you will need to correct it. In most cases this can be done simply by amending your next return, but where the error results in an increase in your VAT liability you sh... Read more
 
 

VAT surcharge reasonable excuse letter

Reasonable excuse letterHMRC has a wide range of penalties available to it. Many of these can be reduced while others can be removed completely where you have a reasonable excuse for the action which gave rise to the penalty. Having a reasonable excu... Read more
 
 

Dividend checklist

Dividend checklistWhen you want to pay a dividend, there are a number of considerations to take into account to ensure it is valid. Our checklist will help you to establish that your dividends are up to scratch.DividendsDividends are amounts paid to ... Read more
 
 

Employee provision of home telephone policy

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
 
 

Cars and car allowances policy

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
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