User Profile

[jamesbrown]

Yeah, because winking at a hair trigger mod in a professional forum is bound to end well

[jamesbrown]

You can't trust them, but you also can't fight them. As others noted, if you want to run a UK company, expect to deal with useless gov't admin and associated risks.

[jamesbrown]

If it worked, you would've found it in your CH account (now GOV.UK One login) under Manage Account > Identify Verification.

You only need that code for specific activities, notably to file your annual confirmation statement (which connects you as a director) and, separately, to verify...

[jamesbrown]

Exactly. As far as gov't systems go, I bet they have a biometric passport too ...

[jamesbrown]

Using an umbrella takes pretty much everything out of your control, unfortunately, including the ability to use a decent FX service with low fees and ~interbank FX rates, like Wise or MoneyCorp or Revolut (yuck). If Clarity is able to leverage one of those, great, but I would've thought they have a...

[jamesbrown]

I doubt they actually accept an exchange rate risk, i.e., a forward or fixed rate. You will get what you get at the point of currency exchange (i.e., when it hits Clarity's GBP account, which may be a poor fx rate if they are using a high street bank), surely......

[jamesbrown]

Nice, a long awaited banana!
Have another one

[jamesbrown]

The most obvious dot that can be joined from this is the fraction of dividend income that actually comes from the close company. In previous years, box 4 has been total dividend income from all UK companies. Having the decomposition allows a straightforward cross-check with the close company CT return...