Self Assessment

[AZZIK]

I am with Giant powerhouse, and get dividends around 2200 a month. I am a shareholder I think and not a director does anyone know if I need to fill in a tax return as Giant told me you only need to fill one in if they send you. How do I calculate if I am in the higher tax bracket or if I owe any additional tax on my dividends. I am a bit panicky as have been with giant over a year and half so not sure if I will get in trouble with the IR

[malvolio]

i haven't completed one since i started my business and i'm a director. I've been in touch with my accountant but i've had no respons as yet.

If you are a director you have to complete an annual tax return. It's not an option, it's the law. Or is your business so bad you take no income from it?

Time for a new accountant perhaps? You may have a slight problem...

[realityhack]

I am with Giant powerhouse, and get dividends around 2200 a month. I am a shareholder I think and not a director does anyone know if I need to fill in a tax return as Giant told me you only need to fill one in if they send you. How do I calculate if I am in the higher tax bracket or if I owe any additional tax on my dividends. I am a bit panicky as have been with giant over a year and half so not sure if I will get in trouble with the IR

Giant Powerhouse is an umbrella scheme and AFAIK you need not worry about tax returns, they take care of it for you - but you should look to leave this arrangement before April as I believe Powerhouse is covered by the impending MSC legislation. Have a search on this board for more info.

Edit: Then again, re-reading what I've written that's bollox, ignore me, listen to the others instead. Bit distracted by 'shenanigans' here at work at the mo. However - I'd get away from Giant anyway as they're a bunch of @rse. (Oh, and you can challenge me on that if you like, legal chaps)