Wound-up in the public interest following Insolvency Service investigations Four companies have been shut down after investigations revealed they were … Continue reading Shut down of Four companies linked to scheme aiding directors to walk away from debts
Tag: Directors
Employer Bulletin: October 2025
HMRC publishes the Employer Bulletin 6 times a year, giving employers and agents the latest information on topics and issues … Continue reading Employer Bulletin: October 2025
Companies House identity verification rollout from 18th November 2025
…phasing in identity verification over 12 months to make things simpler for companies and business owners Companies House (CH) confirms … Continue reading Companies House identity verification rollout from 18th November 2025
5.3% Tax gap
The estimated tax gap for the 2023 to 2024 tax year is £46.8 billion. The government has announced plans to … Continue reading 5.3% Tax gap
More than 1,000 directors disqualified in 2024-2025
The latest statistics for Insolvency Service enforcement outcomes… outline Covid loan abuse and bankruptcy restriction orders. More than 1,000 directors … Continue reading More than 1,000 directors disqualified in 2024-2025
Tax Avoidance promoters – the list keeps growing – now over 120+
The image of the umbrella is significant as many of the named tax avoidance and those issued with official stop … Continue reading Tax Avoidance promoters – the list keeps growing – now over 120+
Help protect workers from getting caught out by tax avoidance
As part of the October 2024 Employer Bulletin, HM Revenue and Customs (HMRC) are asking employers to to assist with … Continue reading Help protect workers from getting caught out by tax avoidance
Crack down on late payments to support small businesses – Fair Payment Code
New package of measures aimed at tackling scourge of late payments New Fair Payment Code and fresh rules on company … Continue reading Crack down on late payments to support small businesses – Fair Payment Code
Over 800 directors banned for abusing Covid support
Tough action taken against directors to tackle Covid loan misconduct 831 company directors banned in 2023-2024 for Covid support scheme … Continue reading Over 800 directors banned for abusing Covid support
What’s going on with Directors National Insurance
So here we are again, the end of another UK tax year! At PAYadvice.UK we are seeing a high number … Continue reading What’s going on with Directors National Insurance
Six-year ban for boss who employed illegal workers
The owner of a Cumbria pizzeria and takeaway has been banned as a company director for six years after hiring … Continue reading Six-year ban for boss who employed illegal workers
6th Jan 2024 NI cuts – are you ready
At the Autumn Statement 2023 held on 22nd November, a 2% cut in the standard rate of National Insurance was … Continue reading 6th Jan 2024 NI cuts – are you ready
National Insurance change for directors – are you ready
As a result of the Autumn Statement reduction in NIC standard rates by 2% from 12% to 10%, employees will … Continue reading National Insurance change for directors – are you ready
NI reduction bill presented
Following the Autumn Statement 2023 held on Wednesday 22nd November, As promised by Chancellor, the government have laid a bill … Continue reading NI reduction bill presented
New information hub for company directors launched to help make the right decisions at the right time
The Insolvency Service has launched a new online information hub to support company directors on Monday 10th July 2023. The … Continue reading New information hub for company directors launched to help make the right decisions at the right time
Autumn Statement 2022
Dear PAYadvice.UK, The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, made his Autumn Statement speech. The Chancellor … Continue reading Autumn Statement 2022
Directors banned for abusing dissolution process
Directors disqualified under new powers to tackle directors from dissolving companies and walking away without paying their debts. The four … Continue reading Directors banned for abusing dissolution process
Umbrella company director banned
Best Employment Services provided umbrella payroll services and outsourced its operations to a network of Isle of Man companies, and … Continue reading Umbrella company director banned
Dividend tax increase April 2022
Since April 2016, the rates of Income Tax applicable to dividend income have been 7.5%, 32.5% and 38.1% for basic, … Continue reading Dividend tax increase April 2022
Improperly obtained bounce-back loan
The traffic commissioner for the West Midlands, Nick Denton, recently held a public inquiry into Mafuwer Logistics Ltd. The company … Continue reading Improperly obtained bounce-back loan
Health and Social Care Levy – Dividends
From next April the government will create a new, UK-wide, 1.25 per cent Health and Social Care Levy with dividends … Continue reading Health and Social Care Levy – Dividends
Payroll boss in tax avoidance scheme 11-year ban
Leicester payroll services boss banned for orchestrating multi-million pound tax avoidance scheme, while failing to justify £37 million expenditure in … Continue reading Payroll boss in tax avoidance scheme 11-year ban
CA38/CA40/CA41/CA42/CA44 National Insurance contributions tables issued (at last)
For the second year running the HMRC have issued the National Insurance contributions tables very late on 6th April. Traditionally … Continue reading CA38/CA40/CA41/CA42/CA44 National Insurance contributions tables issued (at last)
Parliamentary question – Directors Income Support Scheme response
HM Treasury responded to a question on COVID-19 assistance for Directors on 22nd February 2021 The question: To ask the … Continue reading Parliamentary question – Directors Income Support Scheme response
Northern Ireland – Limited Company Directors Support Scheme
The NI Minister for the Economy has announced details of the Limited Company Director’s Support Scheme, to provide financial support … Continue reading Northern Ireland – Limited Company Directors Support Scheme
























