If your accountant ballsed this up he should certainly be helping you sort it out. You should be able to unregister. Strictly speaking you don't need to register for self assessment either unless you are chargeable to tax although a lot of accountants do this for company directors anyway.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Class 2 NI Contribution for IT Contractor
Collapse
X
-
-
Strictly speaking it appears you are wrong here.Originally posted by TheCyclingProgrammer View PostIf your accountant ballsed this up he should certainly be helping you sort it out. You should be able to unregister. Strictly speaking you don't need to register for self assessment either unless you are chargeable to tax although a lot of accountants do this for company directors anyway.
From HMRC site
1. What’s your work status?
Director of a company
Change this answer
Based on your answers you have to fill in a Self Assessment tax return
1. Register for Self Assessment if you aren’t already registered.
2. Check the deadlines for when you have to send your return.
3. Send your tax return onlineComment
-
Strictly speaking, TCP is correct, based on the actual legislation (s.7 TMA 1970, Notice of Liability to Income Tax and Capital Gains Tax), but registration is HMRC policy and it's probably not worth an argument. Note the critical point: chargeable to tax.Originally posted by drumtochty View PostStrictly speaking it appears you are wrong here.
From HMRC site
1. What’s your work status?
Director of a company
Change this answer
Based on your answers you have to fill in a Self Assessment tax return
1. Register for Self Assessment if you aren’t already registered.
2. Check the deadlines for when you have to send your return.
3. Send your tax return onlineComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers

Comment