A small limited company now has to pay 30 to file the compulsory annual return instead of the 15 if it wishes to pay by company cheque. The alternate is to file on-line and use a credit/debit card which many (small) business do not have or revert to using an employee's card.
Anyone else agree it rankles that this basic and compulsory task cannot be paid for using official company means without penalty?
Surely it doesn't have to be an employee's card. It can be a director's, or a shareholder's, or an accountant's, or, well, anybody's really. There can be no shortage of people willing to perform this favour for a fee less than £15.
If the Directors of the company never, ever used their own money for paying an expense (e.g even parking costs) and then claiming the cost back, then yes it is unfair.
If on the otherhand the Directors have an expense reclaim system in place, using their own credit or debit card is no problem at all.
Not only that - the online filing system saves you posting and copying the document you update - further cost savings.
I've never copied mine, have I been doing something wrong?
tim
I don't know - do your Company rules require you to take a photocopy of any forms returned to Companies House (or the Inland Revenue etc.) and you haven't?
I really have no idea :-(
I haven't (didn't I say that?)
tim
Maybe your secretary copied them for you and you are in the clear then :-)
Maybe your secretary copied them for you and you are in the clear then :-)
tim
Yes, secretary. It's no secret that every company must have one.
tim
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