Hi,
I know this topic has come up before on these forums, but I couldn't quite seem to find the threads using search, so thought I might try asking again.
I've always paid an agreed sum between myself and the mother, however she is now beginning to demand outrageous sums (double the previous amount) and it's looking increasingly likely that I'll find myself in a situation where I'll have to deal with the CSA.
Is there any general advice for dealing with the CSA in a contractor - Ltd company scenario?
I'm not quite sure how it works if you work a potentially variable number of hours per week. Is it a case of checking the company accounts from the previous year and working out an average from that?
Is the figure they take the amount you've taken out in wages + dividends? And then if challenged, the full amount earned after tax, vat etc.? What about money that is left in the company accounts?
Sorry to make my first post a series of questions - I'm just a little desperate for knowledge and would be grateful to hear from anyone that has been through this.
Cheers.
I know this topic has come up before on these forums, but I couldn't quite seem to find the threads using search, so thought I might try asking again.
I've always paid an agreed sum between myself and the mother, however she is now beginning to demand outrageous sums (double the previous amount) and it's looking increasingly likely that I'll find myself in a situation where I'll have to deal with the CSA.
Is there any general advice for dealing with the CSA in a contractor - Ltd company scenario?
I'm not quite sure how it works if you work a potentially variable number of hours per week. Is it a case of checking the company accounts from the previous year and working out an average from that?
Is the figure they take the amount you've taken out in wages + dividends? And then if challenged, the full amount earned after tax, vat etc.? What about money that is left in the company accounts?
Sorry to make my first post a series of questions - I'm just a little desperate for knowledge and would be grateful to hear from anyone that has been through this.
Cheers.
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