
With increasing legislation being placed on companies, the role of company secretary is becoming more and more important and certainly not a service to be overlooked. Even where the company is not required to appoint a company secretary, the work usually done by a company secretary must still be undertaken.
Company secretarial work is highly legalistic and becomes more complex and time consuming as the company grows. There is also the requirement to ensure the company's statutory records are maintained and up to date following the year end procedures. Moreover, failure to comply can result in the prosecution of directors and the company being struck off.
Sayers Butterworth LLP maintains and services company secretarial records for hundreds of businesses across the UK.
As a company develops it may undergo structural changes and/or changes in shareholders. With these and all other matters it is important to make sure that all the required paperwork is compliant with current legislation, correctly completed and filed.
Important areas include:
The Chancellor has confirmed that this year's Budget statement will be made on Wednesday 21 March.
This becomes compulsory from 1 April 2012 and payment of VAT must be made by electronic means. Cheques will no longer be accepted.
In 2012 automatic enrolment into a pension scheme is due to come into force. On average, it will cost small businesses an extra £2,550 per year.
You can still access our in-house 2011 Budget guide and commentary by clicking the link here. We welcome any feedback or questions you may have to enable us to improve our services.
The next important diary date is 31 January when 2011 Tax Returns have to be submitted to HMRC to avoid an automatic £100 late filing penalty. Payments of tax are also required by this date. Do get in touch if you need any help.
Click here to download a PDF file with the latest figures.
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The information contained in this website is for guidance purposes only and you are strongly advised to seek professional help from us in person.
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