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Thanks.. I know about the PAYE yes it is called Basic PAYE tools.
https://www.gov.uk/basic-paye-tools
my question about the corporation Tax return filer..
I have found it now. It is on HMRC approved list...
@TheCyclingProgrammer
Thanks you are right paye would be director. and I would have to submit nil ct600 too.
@IR35 avoider
You pay less Ni in your company because you run paye as director as oppose to employee that mostly umbrellas do.
Would you mind please sharing your spreadsheet with me.. I...
@northernladuk yes you are right it worth not having company if the income is less then basic rate however as my income is inside IR35 so by it myself I am saving on umbrella company fee and accountants fee aswell so in my case it is only cost of £13 plus fee of £144 for taxfiler.
@pr1 yes I do...
Thanks SueEllen
I am ok with SA
and Ok with PAYE and yes there will be tax and ni to pay on about £26k income so no worries there too,
I am just looking for how to tackle the CT600 return and whether it is still required if the contract is inside IR35 and there is no corporation tax to pay as...
To keep it short I always say Employed.
The income is the Gross amount before tax on your self assesment i.e employment income, savings, rental and dividends etc..
If they really need to confirm your income you can always download your SA302 from your tax account.
Hello guys and gals.
I am planning on doing my own accounts and I would appriciate if anyone in situation is doing the same.
I am HGV driver and have own PSC LTD company.
My income is about 500 a week that I recieve in company accounts, and I am inside IR35 so I am happy with 95% availabel to...