Due to dividend payments and the whole dividend tax debacle, it seems I'm down for advance payments on account from Jan 2018.
BUT, since I'm now working on Inside IR35 PS contract I'm now operating solely via an umbrella (this is since April). In fact, closed limited down at end of August because its unlikely I'll be needing it for a while.
So I'd rather not pay advance tax on dividends I know I'm not going to get next year. After all, I'll pay in advance, then do tax return next year and they'll give it all back. Seems a bit silly. Is there any way to get out of it?
Not that I'm expecting HMRC to do things sensibly.
BUT, since I'm now working on Inside IR35 PS contract I'm now operating solely via an umbrella (this is since April). In fact, closed limited down at end of August because its unlikely I'll be needing it for a while.
So I'd rather not pay advance tax on dividends I know I'm not going to get next year. After all, I'll pay in advance, then do tax return next year and they'll give it all back. Seems a bit silly. Is there any way to get out of it?
Not that I'm expecting HMRC to do things sensibly.
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