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Yeah, I've been submitting my monthly salary on RTI through HMRC's online tool. However at the end of tax year 14/15 it shows I am owed money from them. I'll need to check how this is claimed back or maybe just carried forward to the next tax year
Thanks DaveB. Good sound advice. As well as the point about getting an accountant I'm also getting good and substantial information in regards to accounting for the dividend and VAT. Much appreciated
Thanks for the feedback so far guys. I guess I am reluctant to employ an accountant because I have some understanding of finance but I must say this isn't like anything I've done before.
I'll have to double check the dividend payment as I thought you only distributed after all expenses have...
Hi there - this is my first post on this forum as I wanted some general advice on the tasks required after the first year end of a new limited company both as a company and individual. Administrators: if there has already been another thread or you feel this post is more appropriate on another...