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Can directors be personally liable in a private limited company?
A company is a legal person; hence the directors are not personally liable for acting on behalf of it. They have a fiduciary relationship with the company...
Category: Arts
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How long do you have to serve to get an army pension?
A minimum of two years’ service is needed in the scheme in order to be entitled to any pension. Commissioned Officers can leave with immediate pension awa...
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What can I buy my son for his 40th?
Whether you’re buying for a Dad, Grandad or Friend, we have the perfect gift for him on his 40th birthday. Personalised 40th Birthday Glass Tankard. Perso...
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Has UK embassy resume work in Nigeria?
The British High Commission in Nigeria has announced plans to resume visa processing in the country. This was disclosed in a public statement by the Briti...
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Was Incapacity Benefit taxable?
State benefits that are taxable The most common benefits that you pay Income Tax on are: Incapacity Benefit (from the 29th week you get it) Jobseeker’s Al...
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Can a limited company be non VAT registered?
In some cases, VAT registration can be a choice for limited companies, but it entirely depends on the total income over any given quarter. If a limited co...
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Can I get a mortgage on a retirement flat for my parents?
These retirement properties are very difficult to place when it comes to getting a mortgage and the majority are bought for cash when people downsize. The...
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How do I pay myself from my own company?
Be tax efficient: Five pointers Take a straight salary. It’s simple, easy to manage and account for, and is unlikely to raise any eyebrows. Balance salary...
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How can a business survive the first year?
How to survive your first year in business Develop a solid business plan. Fully explore your business idea – its strengths, weaknesses, risks and opportun...
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Can you get your state pension backdated?
Your State Pension cannot be backdated more than 12 months before the date your claim is received. If you ask us to backdate your State Pension claim, we ...
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How is VAT calculated for retail?
How to calculate your VAT Calculate the total value of goods purchased for resale in the VAT period for each VAT rate. Divide the total of purchases for e...
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What Awareness month is in July?
July is Minority Mental Health Awareness Month. What are some special days in July? July Daily Holidays and Observances July 1: International Joke Day, Am...
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Can I take my Civil Service pension and still work?
Partial retirement allows members to take some or all of their pension and carry on working. You qualify for a Civil Service pension. You have agreed with...
