Death of a company director
The untimely death of a sole shareholder/director of a private limited company can bring business to a standstill and put considerable pressure on the deceased’s personal representatives.
AJN was set up in 2013 with a vision to provide a high-quality service tailored specifically to meet clients specific needs. To do this we pay attention to our clients and understand them and their goals in detail. This ethos coupled with the use of time saving technology and tax saving strategies, provides a winning formula for growing businesses and in turn happy clients.
Reasons to work with us are embedded in Our Core Values. These values form the culture AJN and define how we conduct ourselves with our colleagues and clients. They are a reminder to us when we’re faced with challenges and ensure we maintain the highest standards expected of ourselves.
The untimely death of a sole shareholder/director of a private limited company can bring business to a standstill and put considerable pressure on the deceased’s personal representatives.
All late paid tax now carries interest at 3%. Where the tax has been outstanding for more than six months a 5% surcharge on the outstanding amount may also apply.
Contract termination fees can be a bitter pill to swallow when you just want out of an expensive agreement. What’s worse is that some suppliers will charge VAT on top of the cancellation fee while others will not.
In uncertain times people instinctively look for alternative ways to invest and some may choose cryptoassets such as Bitcoin and non-fungible tokens. If you decide to go digital with your investments, think about how the profit or loss you make on these assets will be taxed.