Originally posted by AtW
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Dividend tax >> All Ltd Co contractors to payment on account....
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Originally posted by AtW View PostIt's going to be quarterly returns soon - with payment of taxes for that quarter, they don't want to give credit where it's dueLeave a comment:
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It's going to be quarterly returns soon - with payment of taxes for that quarter, they don't want to give credit where it's dueLeave a comment:
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Originally posted by MrC View PostThanks for confirming.
Pretty big win for hmrc then abolishing the dividend tax credit. Not only do they get greater tax receipts they also get them early.
Yes and from there just one small step to do away with this irritating take home pay altogether and enslave they masses into full blooded communism
The problem for them, and all future UK governments, is the tax system was based on the majority of people being on PAYE in stable jobs. When you have too many high earners self-employed using dividends to pay themselves, plus too many low and middle income tax payers also on unstable temporary contracts then the total tax take is too small.
If the government wants to be harsh they could do what other European countries do and tax people the same no matter how they gain their income.Leave a comment:
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Thanks for confirming.
Pretty big win for hmrc then abolishing the dividend tax credit. Not only do they get greater tax receipts they also get them early.
Originally posted by bobspud View PostJust wait till you see the end game...
HMRC want all money to be paid through them. They will automatically deduct their cash and give you the rest.
Trust them much?Leave a comment:
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Originally posted by Big Blue Plymouth View PostGetting the £2k they owed me this year was like getting blood out of a stone.
First they issued a cheque which they promptly blocked, then they were doing a transfer into my account (that didn't happen) then I got another cheque. 3 months it took.
Kafkaesque is the word that springs to mind.
Getting any money due from HMRC can be very time consuming, both in the length of wait, and the amount of energy you have to put into chasing them and complaining. Several years I have had to go through the full complaints process to get the money.Leave a comment:
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Originally posted by SueEllen View PostI thought he was always drunk unless drivingLeave a comment:
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Just wait till you see the end game...
HMRC want all money to be paid through them. They will automatically deduct their cash and give you the rest.
Trust them much?Leave a comment:
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Originally posted by TheCyclingProgrammer View PostGo home AtW, you’re drunk.Leave a comment:
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