Blog entries by kevin.doran

  1. Not to be confused with the annual accounts or tax return, an annual return is basically a snapshot of the general information about a limited company. Each limited company must submit an annual return to Companies House at least once every 12 months. It must be filed within 28 days of either...
  2. The introduction of the NIC Employment Allowance last year added an extra dimension to remuneration planning for small limited companies. In a nutshell, employers can reduce the amount of National Insurance contributions they pay for their employees (more commonly known as Employers NIC) by up...
  3. So, what exactly is a Directors’ Loan Account (or DLA for short)? If you want to get all technical about it, it’s a creditor account that forms part of the balance sheet within the accounts. :rolleyes: In my easy speaking world, it’s a special little pot that houses all transactions between a...
  4. [IMG] It’s been a long time coming but Platform Accounting’s new website is finally here. For your benefit I’ve introduced a Knowledge Base that will be updated regularly with help files and answers to common questions and this blog, where I’ll answer your individual questions. I’m also...