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Recent content by vertigo
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V
Tax Mess - Advice would be appreciated!
Yeah, definitely luck rather than judgement! I definitely need to speak to my management co. and try and get my head round my finances. Thanks alot for all your help!- vertigo
- Post #9
- Forum: Accounting / Legal
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V
Tax Mess - Advice would be appreciated!
I started contracting in August 2005. Prior to that i'd had no earnings since March 2005. Between August 2005 and Jan 2006 i was paid 35k by my managed company. I then stopped work between Feb 2006 and April 2006. Since April 2006 i have been paid about 35k by my managed company.- vertigo
- Post #7
- Forum: Accounting / Legal
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V
Tax Mess - Advice would be appreciated!
Thanks, i think i need to stop being so lazy, get in touch with them and try and learn a bit about what i should be paying. I'm pretty sure they pay me dividends less corporation tax, but further than that i don't know.- vertigo
- Post #6
- Forum: Accounting / Legal
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V
Tax Mess - Advice would be appreciated!
Thanks for the reply Pondlife As i understand it, i get paid a minimal salary of approx 10k. The rest is dividends. Fortunately in 2005/2006 (April to April) i only worked between Aug 2005 and end Jan 2006. In this time i was paid around 35k. I think i've pretty much answered my own question...- vertigo
- Post #4
- Forum: Accounting / Legal
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V
Tax Mess - Advice would be appreciated!
Hi i'm new(ish) to contracting - i've been doing it for 12 months now. The first 4 were using an umbrella company, the last 8 have been using a managed company. I am extremely disorganised, and have a very limited understanding of tax, so i (lazily) assumed that using a managed company meant i...- vertigo
- Thread
- Replies: 8
- Forum: Accounting / Legal
