Documents for Business

In excess of 1,000 customisable documents covering every conceivable business issue.
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Consultancy agreement

Consultancy agreementIf you provide your personal services to your customers through an intermediary, e.g. a company in which you own or control 5% or more of its ordinary share capital, IR35 applies where you would be considered an employee if you w... Read more
 
 

PAYE compliance review audit checklist

PAYE compliance review checklistIf you receive a letter telling you that HMRC wants to carry out a compliance review of your payroll records, use our checklist in advance of HMRC's visit to review your records so that there are no surprises on the day... Read more
 
 

Election to transfer gain or loss to other group company

 Election to transfer gain or loss to another group company Where a company makes a capital gain or loss in respect of an asset, it may jointly elect with another company within the same group to transfer the gain or loss to that company. The purpos... Read more
 
 

Director's loan agreement

Director's loan agreementA director shareholder doesn't have to sign a loan agreement when they borrow money from their company. The terms of borrowing can be agreed orally or just implied. However, in certain situations a director is required by compa... Read more
 
 

Director's loan account write-off letter

Director's loan account write-off letterAn overdrawn director's loan account can be cleared by the company if the directors or shareholders agree to write the loan off. However, it must get the paperwork right.Reporting requirementsWhere a director or ... Read more
 
 

Interest payable on loan account minute

Interest payable on loan account minuteWhere a director's loan account is in credit, the board can agree to pay interest on the balance. This should be recorded in a board minute.When to use this board minuteIt's advisable to set out the terms and cond... Read more
 
 

Director's or employee's loan account record

Director's or employee's loan account recordA taxable benefit in kind may arise where an employee or director borrows or uses their company's money. You must keep a record of money owed by the employee or director to enable you to calculate the taxable ... Read more
 
 

Licence agreement

Licence agreementWhere your company makes a payment to you in return for being allowed to use your home or other property for its business, you should draw up an agreement to formalise the arrangement. A licence agreement, rather than a lease, provid... Read more
 
 

Capital allowances short-life asset election

Capital allowances short-life asset electionTax relief on the cost of equipment you buy for your business is spread over decades unless your purchases are covered by the annual investment allowance. The good news is you can accelerate this dra... Read more
 
 

Complaint letter

Complaint letterUltimately, the Adjudicator's Office handles all complaints about HMRC. However, the adjudicator will only examine a complaint if it has been through the proper levels of authority within HMRC first.Set out your grievanceIf you feel yo... Read more
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