Company tax
To help ensure your company pays the least amount of tax possible
Models (121)
Value of goodwill calculatorWhen you transfer a business to a limited company, you need to calculate the value of the goodwill in it. If HMRC doesn't agree with your valuation, the difference between its (lower) and your (higher) valuation will be tax... Read more
UPDATED15 Mar 2024
Settlement agreementWhen you want to prevent an employee from issuing proceedings in relation to the infringement of their statutory employment rights on termination of their employment, consider going down the settlement agreement route. This is an ... Read more
UPDATED08 Mar 2024
Business asset disposal relief checklistWhen you sell or transfer all or part of your business you might be entitled to claim business asset disposal relief in respect of any capital gain you make. This means that the maximum rate of tax that will ap... Read more
02 Oct 2023
Minutes of shareholders' meeting to pay final dividendA company can only pay a dividend if it is first approved by its board of directors or shareholders. Where there is more than one shareholder the resolution must be passed at a shareholders' meeting... Read more
24 Feb 2023
Resolution of sole director to pay interim dividendA company can only pay a dividend if it is first approved by its board of directors or shareholders. For an interim dividend approval is only required from the board. Where there is only one director... Read more
24 Feb 2023
Written ordinary resolution to approve final dividendA company can only pay a dividend if it is first approved by its board of directors or shareholders. For a final dividend approval is required by the shareholders. The approval can be given at a sh... Read more
24 Feb 2023
Resolution of sole shareholder to pay final dividendA company can only pay a dividend if it is first approved by its board of directors or shareholders. Where there is only one shareholder the resolution can be passed by them alone. The resolution sh... Read more
24 Feb 2023
Purchase of own shares clearance letterWhere a shareholder of an unquoted company sells their shares back to the issuing company the proceeds in excess of the cost of the shares usually taxed as income. However, if conditions are met the transaction ... Read more
24 Nov 2022
Employee pool car agreementBanning private use is essential for a car to be considered a pool car by HMRC. A verbal ban may work but it's more sensible to require the employee to sign an agreement that specifically states that the car is not to be use... Read more
21 Nov 2022
Employee homeworking expenses policyWhere an employee works from home you set a policy explaining the terms and conditions that will apply in connection with proper performance of their job. This should include details of equipment and services you w... Read more
21 Nov 2022
