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It would appear that you are allowed to pay yourself around £6800 a year if you are self employed. I filled the online forms in and had to also post off my last published accounts. I await a decision.
I already have the full entitlement so I'm not sure that really helps me much. I'll phone the DWP next week and see what they have to say on the subject. I expect based on previous dealings with them that if you are self employed and a director than there won't be much if anything in the form of...
NOTE: I posted this originally in the general forum but it was pointed out this would be a better forum for the question.
Hi, I'm writing this as I can't find any info on the subject elsewhere using google.
My mother was diagnosed with Alzheimer's about 6 months ago and my father died around...
yes luckily for health and finances. So I've got control of everything luckily. I've also got the probate sorted for my father, took 6 months but apparently that's quick!
Must admit I hadn't got that far in thinking it all through. However I have some savings so I will probably just cut the PAYE.
As you say I should contact the accountant about the PAYE.
Thanks :)
Hi, I'm writing this as I can't find any info on the subject elsewhere using google.
My mother was diagnosed with Alzheimer's about 6 months ago and my father died around the same time. Being the only child I've been sorting out all my fathers estate and also having to look after my mother...
Yes easy to be honest, I could go a few years if really needed however I've just been through major headaches with IR35, feel like I've been taxed to the hilt the last few years ..... personally I feel like the gov and hmrc have been take take take so if there is a way of me getting some back I...
Hi there, this is a question about JRS in relation to me and the fact that I am the single director and employee of a LTD company. Mid march the last client decided due to the virus and IR35 that they were terminating all contracts based on a 48hr notice period. This leaves me in the position on...
Well as I said I was already planning on kicking off MVL anyway due to various personal reasons. However in the last few days I put that on hold until I heard todays statement. At the moment I think I will carry on with the plan to MVL unless there is something about the statement I didn't pick...
I paid NI twice each year for a number of years, never got any tax back when they stopped that stupid duplication, it's all take take take and not very much give.
So as someone who prior to a few days back was about to pull the trigger and start MVL but held off because of the rumours should I go ahead or are things still ambiguous ?