A P35 is a PAYE statement. But if I have no employees and am not paying myself a salary yet then do I have to fill in one?
I have paid myself a small divi in Dec 07.
I have paid myself a small divi in Dec 07.
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Phone HMRC and ask. I'd suspect that you will have to even if it is a "null" return.
Just to say that you owe nothing. -
Danbro Accounting Ltd
HI,
Initially you need to find out if you registered for PAYE, if your accountant set your company up fully I suspect that you will be registered for PAYE.
If so then you still need to prepare a NIL return, you cant file nil returns online so you need to file a paper one, just write NIL in big letters and complete the decleration and send in.
Maybe consider speaking to your accountant as it maybe beneficial to pay a small salary to utilise your personal allowance
ThanksComment
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He can utilize his personal allowance without a formal salary. Just take out the 5k or so as a directors fee. I'm sure his accountant will do this.Originally posted by Danbro View PostComment
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Well I called up the HMRC and they said that as I am not paying myself a salary (which I'm not) I don't need to "register as an employer".Originally posted by Sockpuppet View Post
So following on from that I presume I don't need to complete form P35 because it is the "Employers Annual Return" and how can you have that if you are not an employer?
So I don't have to answer the dreaded question 6. Have I got around IR35?Comment
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CUK equivalent to viz letters' "Do I wn £5?"Originally posted by KentPhilip View Post"Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
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