Originally posted by Nixon Williams
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Couple of things, this is my first year only; hence I have never declared the share allocations/split. So the SH01 form is just kept ready with me and can be changed. Same applies to stock transfer form.
So I can still pay back 4k to company and declare dividends accordingly. And change share split. (I understand I need to act before 5th April)
So is it ok to pay back 4k to company???
OR Can I go for Option 2, forget about all this and not change anything, if HMRC finds out then they will charge my wife (change tax code next year) or HMRC will never calculate and all good...
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