If your client is buying the business, and not the company, then he will not take on liabilities such as not filing P11D, PAYE not paid over etc. But he will take on risks for unfair dismissal, underpaid holiday, minimum wage etc etc that might have arisen from previous co not operating correctly. I suggest trying to get full disclosure, and a cast-iron indemnities
I suggest the best way is to call the Inspector and state that the client wants to make a FOI Request. Ask him his advice whether to do this through the formal channels, or whether he will simply provide it to you to save time.
When a company goes insolvent, the Director can make a FOI request on the information provided to the Insolvency Service, on which they based their enquiry. I don't see why this is any different.
Good advice, thank you! Case closed
Thanks. Yes I totally agree. I subscribe to a (well known) tax helpline, who said that it would definitely be a BIK on the director/directors visiting because the room is 'available for private use'. However it is purely for business, and not available for private use whenever they want it, and he was illustrating his point using completely irrelevant examples
He should only have a minimal tax charge, if anything, via SA after apportioning rent etc etc. I'm thinking whether there would be a BIK/Class 1A on the overseas Director as 'available' for private use. Potentially structure it so it's not available for private use as and when
Why not allowable? They travel here purely for business. If it wasn't for the business, they would have no reason to make the trip
Apologies, needs correction, they shortened 2016 year ends to 30th, but then both filed accounts to 31st.
Time for a glass of wine.
For multiple clients at same time? I heard they were bringing it out for single director companies only. Prob is you have to access each one individually and Approve Payslips, so if you miss one by mistake, it doesn't highlight it to you, whereas PM does that
From what I was told, the director couldn't extract the info in the format they wanted. They remoted into his machine a few times but couldn't do it either. He gave up in the end as not computer literate.
The employees were enrolled on, and the DOC was correctly completed, its just that no deductions were made, and contributions paid over, so provider closed scheme.