Limited company payment

[DallasDad]

Basically they've been paying me into my personal account for nearly two yrs
And yes they have my company detail I've account details...too late to put it back into business acc,Mrs has spent it lol

Eeeeeeeeeeeeeeek!

Followed by that sounds a bit Fubar!
Seriously what does your accountant say!

[ASB]

Basically they've been paying me into my personal account for nearly two yrs
And yes they have my company detail I've account details...too late to put it back into business acc,Mrs has spent it lol

Basically then you have a loan for the amount received. There are potential taxation issues etc.

I am somewhat surprised that your accountants didn't mention it since you must have had a year end set of accounts done in that period. Or have you done your own accounts. If you have then I suspect they are a bit of a mess.

Or have you been running the ltd finances, paying its bills etc from the personal account. In which case it is likely still a mess.

edit: I'm assuming you are not iusing an umbrella company who are paying you net income. In which case it isn't likely to be a mess (unless it is a "scheme").

[northernladuk]

You ask this after two years?

Gotta be a troll. No one can be this stupid.

[TheCyclingProgrammer]

OP says they recently started a company.

Sounds like they were operating as a sole trader, recently started a Ltd and their client hasn't updated the payment details.

[northernladuk]

Well that certainly makes sense. Would have been nice for the OP to mention that first.

Time to get a good accountant and start off properly now.

[unemployed]

Surely this is a fantastic way to contact??

Start Ltd company but show personal bank details

Ltd company gets dissolved for not submitting accounts
In First year

[northernladuk]

Surely this is a fantastic way to contact??

Start Ltd company but show personal bank details

Ltd company gets dissolved for not submitting accounts
In First year

It's a fantastic way to get a nightly reaming from your convicted killer cell mate.

[unemployed]

It's a fantastic way to get a nightly reaming from your convicted killer cell mate.

Surely the forensic accountant's are not up on this.

Are there such a thing a personal account numbers like car registration numbers?

One digit out and it ends up in the personal a/c

Tax is such a pain

[tdb carpentry ltd]

I've worked as a sole trader for two yrs into personal account "listen"and now they are supposed to be putting into my ltd company acc but they still put into my personal don't matter...ASB thanks! you got what I was saying ....thanks any everyone [emoji475]🏻

[stek]

Basically they've been paying me into my personal account for nearly two yrs
And yes they have my company detail I've account details...too late to put it back into business acc,Mrs has spent it lol

Then you are in deep hole....