Wake up! Can't you get the opening balances from Companies House? What is an "on-line" firm; something like the cloud? Is this on-line "firm" stopping you becoming agents? Stop moaning.
How can you get opening balances from abbreviated accounts assuming that's what was filed at companies house and what about the comparatives figures when completing the current year account?
We normally print the P60 on plain paper directly from Payroll Manager and in some cases just email it to clients. However, we have a client with just under 250 employees who always want coloured P60 for all employees, hence the reason why.
It is not a legal requirement for limited companies to open a business bank account but it is highly recommended to allow clear distinction between company finances and the personal finances of the owners. A limited company is a separate legal entity from its directors and shareholders, and any money generated or spent by the company should be clearly recognisable to avoid any confusion.
As jford said, just transfer the all balance across and have proper record to support the ins and outs.
Just a little contribution, Petersaxton, please make sure when you run the payroll and submitted via RTI, you advise the client to actually pay the net salary to herself has HMRC nay request evidence of payments. We recently had two difference cases.
This is the EXACT contents of the one I received yesterday .............
On 05.09.2014 was made the entry to the Companies House. On the basis of part 1 point 3 companies Act 2006 was created the National register of Companies. Register is keep updated set of information about economic entities maintained in the computer system in a central database. No entry will be no entry business.
Information entry in the national register of companies requires settlement optional registration fee in accordance with the current regulation NROC (S4 Resolution ext. from 01 September 2014).
My answers
Really?
How can you get opening balances from abbreviated accounts assuming that's what was filed at companies house and what about the comparatives figures when completing the current year account?
Couldn't have said it any better
Kent accountants said it all. Exactly what I would have advised.
We normally print the P60 on plain paper directly from Payroll Manager and in some cases just email it to clients. However, we have a client with just under 250 employees who always want coloured P60 for all employees, hence the reason why.
Cheers
It is not a legal requirement for limited companies to open a business bank account but it is highly recommended to allow clear distinction between company finances and the personal finances of the owners. A limited company is a separate legal entity from its directors and shareholders, and any money generated or spent by the company should be clearly recognisable to avoid any confusion.
As jford said, just transfer the all balance across and have proper record to support the ins and outs.
Actual Payment
Just a little contribution, Petersaxton, please make sure when you run the payroll and submitted via RTI, you advise the client to actually pay the net salary to herself has HMRC nay request evidence of payments. We recently had two difference cases.
Noooo
I have used them in the past and had bad experience. They never delivered anything and everything they promised.
Content
This is the EXACT contents of the one I received yesterday .............
On 05.09.2014 was made the entry to the Companies House. On the basis of part 1 point 3 companies Act 2006 was created the National register of Companies. Register is keep updated set of information about economic entities maintained in the computer system in a central database. No entry will be no entry business.
Information entry in the national register of companies requires settlement optional registration fee in accordance with the current regulation NROC (S4 Resolution ext. from 01 September 2014).
In the amount of 140,00 £ by 16.09.2014.
Signed
National Register of Companies
Funny that
I got a similar letter today as well!!!
Post
You will need to complete the return and post the original signed copy to HMRC.
mmmm
Having a senior moment?