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Hello,
I have had a dormant company for over two years, however had a corp tax bill to pay off, so couldn’t close the company.
This has now been paid.
Just checked the registry and under my company it states “Active — Active proposal to strike off”. I have had zero notifications of this via...
Thanks guys lots to read!
I’m interested in debt now as I’ve found out that inflation decreases debts for the borrower. For example, governments don’t have to pay as much to those who buy bonds (I think) whilst inflation is increased.
I know this is basic stuff but it’s not something I’ve...
Hi guys
For personal interest, where would I find figures which show how much money the UK government cannot account for? I’m trying to learn about how debt works.
I had a convo recently and was just wondering where these figures might be found if they can be found or exist at all?
Thanks for the link.
I had seen this previously, but not sure if that applies to a debt which has a guarantor..?
For example, if the student cannot pay the debt whilst alive, the guarantor is liable to pay it.
I wonder if the debt has to be paid by the guarantor if the guarantor is still...
Hi guys,
Quick question I’m struggling to find answer to:
Does a guarantor (in this case spouse) of a student loan inherit the student’s debt (maintenance loans and tuition fees) if the borrower dies?
If so, does the next of kin(in this case a child) of the guarantor inherit the debt if the...
The dividend was paid directly to the directors loan account, which I hadn't journaled, only recorded. Yes I messed up
Rofl. Ive been nervous for a week! However, I was calculating my owed tax based on the year rather than the period, which meant I wasn't balancing and I couldn't see why. in...
Ok, if this isn't right then Im gonna have to give up. Im so hoping this is ok as if its not then Ive no idea:
Turnover 13,399.
Cost of raw materials and consumables(21.00)
Staff costs(8,236)
Other charges(3,081)
Tax(407)
Profit or (loss)1,654
Dividends paid £2000
Balance sheet
Share...
Thanks again
So it should be £75? Woah
As for share capital, on the HMRC portal an companies house portal for micro ent, I cannot input that anywhere
EDIT- Found it, now have to work it out lol
Thank you. Ok that's good. I prepared everything and its the dividends that has thrown me a bit.
I actually changed current assets for the period was showing as £57(bank balance). This didn't look correct as I couldn't link it to my income statement
With that number my balance sheet now shows...