OT: HELP!! Should I sign this?
Discussion
Hi
Been a lurker for a while and have been impressed by the general depth of knowledge on here, so I was wondering if I could ask some advice:
I'm a director of a little company (only 8 employees). The MD founded and owns all the company, and I recently became a non shareholding director mainly for reward for past performance, and for someone to offer guidance to the MD on company decisions etc, so dont have any financial involement in the company at all.
Anyhow, Ive got no reason at all to dis-trust the MD, but the last two days he's been going through and filling out the P35 Employers Annual Return form, which details all Income tax payments and National Insurance Contributions that the company has made throughout the last financial year, and needs to be in by Monday. The thing is, he is out of the office today, and has plonked the completed form on my desk, with a note on it saying "Can you sign this and send it off please".
I am a cheque signatory and assume I am legally allowed to sign this kind of document as a director, but I havent got a clue whats in it, or what responsibility I take on if I do sign it, and so feel I shouldnt sign it as by doing so I am saying that all the details are correct and truely stated, which I can't say as I havent been involved with the accounts etc.
The slightly concerning thing is, it would have been quicker for the MD to have signed it and just put it on my desk to post, rather than writing out a note asking me to sign it.
What do you think guys, do I challenge him and risk p1ssing him off, or just sign it as it won't be put personally on me anyway?
thanks. Chris
Been a lurker for a while and have been impressed by the general depth of knowledge on here, so I was wondering if I could ask some advice:
I'm a director of a little company (only 8 employees). The MD founded and owns all the company, and I recently became a non shareholding director mainly for reward for past performance, and for someone to offer guidance to the MD on company decisions etc, so dont have any financial involement in the company at all.
Anyhow, Ive got no reason at all to dis-trust the MD, but the last two days he's been going through and filling out the P35 Employers Annual Return form, which details all Income tax payments and National Insurance Contributions that the company has made throughout the last financial year, and needs to be in by Monday. The thing is, he is out of the office today, and has plonked the completed form on my desk, with a note on it saying "Can you sign this and send it off please".
I am a cheque signatory and assume I am legally allowed to sign this kind of document as a director, but I havent got a clue whats in it, or what responsibility I take on if I do sign it, and so feel I shouldnt sign it as by doing so I am saying that all the details are correct and truely stated, which I can't say as I havent been involved with the accounts etc.
The slightly concerning thing is, it would have been quicker for the MD to have signed it and just put it on my desk to post, rather than writing out a note asking me to sign it.
What do you think guys, do I challenge him and risk p1ssing him off, or just sign it as it won't be put personally on me anyway?
thanks. Chris
Cant get through on the above number, engaged, not suprising at this time of year I guess!
Anyway, Ive spoken to the MD and I think I had my wires crossed slightly. Evidently he didnt fill it out himself, it was done by the accountants, and he forgot to sign it before he left yesterday, so called in and got someone to put it on my desk with a note on it, so becomes a little clearer now!
As others have said, I am partially responsible anyway being a director, so rather than cause major friction I am going to sign it and get it in the post.
thanks for the advice. Chris
Anyway, Ive spoken to the MD and I think I had my wires crossed slightly. Evidently he didnt fill it out himself, it was done by the accountants, and he forgot to sign it before he left yesterday, so called in and got someone to put it on my desk with a note on it, so becomes a little clearer now!
As others have said, I am partially responsible anyway being a director, so rather than cause major friction I am going to sign it and get it in the post.
thanks for the advice. Chris
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