• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.

Dividend tax >> All Ltd Co contractors to payment on account....

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

  • TheFaQQer
    replied
    Originally posted by AtW View Post
    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 due
    Quarterly filing has been announced for some time now. Quarterly payment hasn't been announced yet.

    Leave a comment:


  • SueEllen
    replied
    Originally posted by AtW View Post
    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 due
    That will cause a massive feck up like with child tax credits.

    Leave a comment:


  • AtW
    replied
    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 due

    Leave a comment:


  • SueEllen
    replied
    Originally posted by MrC View Post
    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.

    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
    Tories are no way left wing let alone Communist.

    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:


  • MrC
    replied
    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 Post
    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?
    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

    Leave a comment:


  • CoolCat
    replied
    Originally posted by Big Blue Plymouth View Post
    Getting 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.
    Yes

    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:


  • AtW
    replied
    Originally posted by SueEllen View Post
    I thought he was always drunk unless driving
    Not this month - fecking stopktober

    Leave a comment:


  • bobspud
    replied
    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:


  • SueEllen
    replied
    Originally posted by TheCyclingProgrammer View Post
    Go home AtW, you’re drunk.
    I thought he was always drunk unless driving

    Leave a comment:


  • TheCyclingProgrammer
    replied
    Go home AtW, you’re drunk.

    Leave a comment:

Working...
X