Recent content by ElyseBurnsHill

  1. ElyseBurnsHill

    Company owes the directors un paid salary and expenses

    Fair enough, I was told while training that all creditors should be cleared off the balance sheet for a dissolution, and all that might be left is some corp tax - but then I think all the ones I've done have been dissolved immediately. I felt that the accounts wouldn't show a true and fair view...
  2. ElyseBurnsHill

    Trivial Benefits

    I don't believe so
  3. ElyseBurnsHill

    Trivial Benefits

    What is your conclusion here? I'm not sure if you agree or disagree with my conclusion! I can't see anything that changes my mind, so I assume you're agreeing?
  4. ElyseBurnsHill

    Trivial Benefits

    Yes, you can: "The cost of providing the benefit to each employee and not the overall cost to the employer determines whether the benefit can be treated as a trivial benefit. So, a benefit costing up to £50 per employee whether provided to one or more employees can be treated as trivial."...
  5. ElyseBurnsHill

    Company owes the directors un paid salary and expenses

    Cessation accounts shouldn't show a creditor, especially if the directors said it won't be paid. You can either write it back through the P&L (which might create a taxable profit) or waive it as a capital contribution and credit reserves (which will need formal paperwork).
  6. ElyseBurnsHill

    Xero, HubDoc, and Storefeeder

    Hi BL Yes, you're right; you'll get a green tick when it's fed through to Xero, so that says to me that there's still something missing or incorrect in the information that HubDoc has pulled off the invoice, so it can't push it through. Have you checked: Supplier Name - this must match an...
  7. ElyseBurnsHill

    Closing limited company linked to personal debit account - will it freeze account

    First of all, please don't consider yourself to be an idiot - you didn't know what you didn't know, and if anyone wants to judge you for that, good luck to'em! Your personal bank account is in your personal name, so it has nothing to do with your Ltd company, even if you've linked them somehow...
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