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HMRC website updated
HMRC website updated
Extract from HMRC website" How to settle your tax affairs - To start settling your tax affairs, you should register your interest with HMRC as soon as possible and provide all of the required information by 30 September 2018." They have removed the...
Take action - please don't worry
Take action - please don't worry
Please send your impact statements to LCAG at "SUE.LCAG@YAHOO.COM" so that they can raise it with various stakeholders. Every single submission counts for them! So, please put together your thoughts and send them by email. The...
Impact Statements to stakeholders - send now please!
Impact Statements to stakeholders - send now please!
Please send your impact statements to LCAG at "SUE.LCAG@YAHOO.COM" so that they can raise it with various stakeholders. Every single submission counts for them! So, please put together...
Loan Charge Action Group - Impact Statements send now!
Loan Charge Action Group - Impact Statements send now!
Please send your impact statements to LCAG at "SUE.LCAG@YAHOO.COM" so that they can raise it with various stakeholders. Every single submission counts for them! So, please put together...
The company just paid me dividends and no salary was paid to me as a director/ employee. All payments were made to SP company and hence these payments were not subject to employer & employee NIC.
Hi, thanks for sharing the link. Let me put this way - I had a limited company and although I was a sole director, I was not employed by my limited company. In fact, SP was providing services to my company and thereby raising the invoice. I was hired by SP as a "consultant (self employed)" and...
Our tax returns were filed as self employed (retainer shown as profit from business + dividends drawn). We paid NIC 2 and 4. Does that mean in limited company scheme, the returns should be filed as employed? What about profits then?
Hi MLeggsy
Could you please explain your self employed scheme? I read on one of the forums that self employed schemes (with own limited company involved) are subject to 100% penalty under GAAR. Was it something on below lines?
"My company does work for company X through agency Y, my company...
Could you please advise whether HMRC charged you interest and their calculations were fair reflection of tax and NI due to be paid? Were their calculations close to yours estimates and did you reach any settlement terms with HMRC?