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Recent content by johnnylee
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P11D and salary question (any help appreciated)
Hi everyone, I've been a contractor with a limited company for five years. I am paid through salary and dividends but I have quite a risk averse accountant (which suits me) and I pay a fairly low salary but not stupidly low..and obviously dividends as well. My question is around company car...- johnnylee
- Thread
- Replies: 2
- Forum: Accounting / Legal
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Confused Newbie: Retained profit to pay Corp tax
thank you Simon...thats cleared up the confusion. Much appreciated. John- johnnylee
- Post #6
- Forum: Accounting / Legal
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Confused Newbie: Retained profit to pay Corp tax
Hi all, I'm just coming to the end of my first ltd company year and i'm a little confused about retaining funds for Corporation tax. This is the scenario: I have 69k profits for the company year. I have taken 36k divis and i have the option to invest the bulk of the rest of my profit in a...- johnnylee
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- Replies: 5
- Forum: Accounting / Legal
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Darwin Accountants , Isle of Man
Hi, Has anyone had experience of contracting through an Isle of Man based company such as Darwin. They are offering 88% take home and are fully HMRC complient. Please share your experiences. Thanks John- johnnylee
- Thread
- Replies: 3
- Forum: Accounting / Legal
