If I would issue a dividend for the amount of SATR I personally need to pay, do I have to pay the dividend to my personal account and then make a personal payment to HMRC? Or can I save a step - issue the dividend and then pay HMRC directly from the company account? Are there rules about dividends which make this dodgy?
- 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!
Pay SATR from company account
Collapse
X
-
Pay SATR from company account
Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
It would be cleaner to pay yourself then pay HMRC, but as long as you have the dividend voucher to back up the payment then it should be fine. It's not as if you're avoiding tax in any way. -
I'd just do it as two steps. Its hardly heaps of work and the whole keeping the business separate to personal financed applies here (in my view anyway). I act like a business and hope hector treats me as one. Would Tesco pay the tax bill of a director but write it off against salary owed or would they stay away.Comment
-
Originally posted by Sockpuppet View PostI'd just do it as two steps. Its hardly heaps of work and the whole keeping the business separate to personal financed applies here (in my view anyway). I act like a business and hope hector treats me as one. Would Tesco pay the tax bill of a director but write it off against salary owed or would they stay away.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
- 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
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment