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Limited company payment

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    #11
    Originally posted by tdb carpentry ltd View Post
    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!
    So now I am worried, am I being deceived, just how much sugar is really in a spoon full!

    Comment


      #12
      Originally posted by tdb carpentry ltd View Post
      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").

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        #13
        You ask this after two years?

        Gotta be a troll. No one can be this stupid.
        'CUK forum personality of 2011 - Winner - Yes really!!!!

        Comment


          #14
          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.

          Comment


            #15
            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.
            Last edited by northernladuk; 29 April 2016, 19:42.
            'CUK forum personality of 2011 - Winner - Yes really!!!!

            Comment


              #16
              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

              Comment


                #17
                Originally posted by unemployed View Post
                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.
                'CUK forum personality of 2011 - Winner - Yes really!!!!

                Comment


                  #18
                  Originally posted by northernladuk View Post
                  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
                  Last edited by unemployed; 29 April 2016, 21:46.

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                    #19
                    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]🏻

                    Comment


                      #20
                      Originally posted by tdb carpentry ltd View Post
                      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....

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