Recent content by Itsasecret

  1. I

    has director failed in his fiduciary duties

    thanks all... some of your replies are a little on the cryptic side... very creative style writing.. I like it... even if I'm not sure I understand it entirely! ha ha with regards to shares... at year end (31 Dec) our accountant is due to file with the annual accounts the notification that...
  2. I

    has director failed in his fiduciary duties

    Im really appreciating our help here fellas.... all may not be lost... as the director in questions has strutted an exit plan as he wishes to retire.. AFTER he has paid back his DLA. He is then going to hand the baton to myself and the third director who I just implicitly... so I think we have a...
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    has director failed in his fiduciary duties

    I have spoken with our accountant briefly.. i need to proceed carefully as he is an old time friend of the MD. i had hoped someone legal could advise here... but maybe I'm not giving you the right level of detail.... i have no idea if interest has been paid on the DLA debt... but its not really...
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    has director failed in his fiduciary duties

    I posted this originally in ACCOUNTING but wonder if actually its more of a legal thread. Would be most grateful if someone could help? I need to know if the MD has acted illegally by putting numerous personal bills through the business - and NOT having them allocated to his directors loan...
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    has director failed in his fiduciary duties

    These personal expenses WERE paid wholly by the company and are totally unrelated bills for the business. They have NOT been entered as Directors Loan Account expenses, but instead have been entered as business expenses as this is what the MD instructed the bookkeeper should do. So I need to...
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    has director failed in his fiduciary duties

    Hi all. been a long time since Ive been here but need some legal/accounting advice. three directors run a company - all with different share allocations. I am one of them and hold the smallest share portion. I have just recently discovered a number of payments that have been put through the...
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    Insurance company won't pay the vat on my invoice

    Forgive me but your post stated "Plumber reclaims the £20 from the VAT invoice from you." And it is that, that confused me As he doesn't reclaim the vat FROM me But from the HMRC instead Thanks
  8. I

    Insurance company won't pay the vat on my invoice

    Sorry but I dont follow... If plumber is paying my invoice and £20 of that is the vat.. I am going to pass that money on to HMRC. I'm not keeping it for myself. So he would need to reclaim it from HMRC.. not me... Otherwise I would be out of pocket!!
  9. I

    Insurance company won't pay the vat on my invoice

    Sorry... Surely you mean Plumber reclaims the £20 vat from HMRC??? not me?
  10. I

    Insurance company won't pay the vat on my invoice

    Yes the plumber is vat registered!
  11. I

    Insurance company won't pay the vat on my invoice

    Our claim is with the Plumber.. It is his choice to use his Public Liability cover to finance this claim
  12. I

    Insurance company won't pay the vat on my invoice

    I haven't raised the invoice to the Insurance company. AT the moment it states the Plumbers name on it and the address of the leak.
  13. I

    Insurance company won't pay the vat on my invoice

    Long story short (and its been a LONG time since I have visited here!!! So apologies folks!). Husband is a builder. He subcontracted a plumber to carry out some work on a project he was working on. Plumber didn't connect a pipe properly. Leak caused damage running in to thousands and the...
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    Gross Misconduct after a resignation

    10 months as in 40 weeks worth of holiday pay??? NO!!!! She has been on mat leave for 10 months of the year and so accrues holiday allowance during that time.. same as if she was at work!!! 10/12 of her whole allowance for the period CRIKEY!
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    Gross Misconduct after a resignation

    Perfectly explained and thank you!!!!
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