Do I need to return a P35
I confirm what ittony said above. I called my tax office on Friday and they took my nil return over the phone. I may just send in the paper copy with nil written on it, just to play safe though.
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Reply to: Do I need to return a P35
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Previously on "Do I need to return a P35"
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Originally posted by ittonyDo I need to complete any P14s when submitting a nil P35? (The company has two directors neither of whom received any money in salary, expenses, dividends or anything else during the 2006/2007 tax year.)
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Originally posted by BigbirdYou need to send in a "Nil" P35, and you can't do it online.
Just write "NIL" across the bit where you would normally put the employee details, stick a 0.00 at the bottom, tick all the boxes and sign it.
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Originally posted by ittonyHi Lewis. That's pretty much the situation I'm in except that for some reason the Revenue issued me with a PAYE reference as soon as I returned my CT41G even though I pointedly did not ask them to, as I knew I wouldn't be ready to draw a salary for a while. So since then I've had to return nil payslips and apparently now have to return a nil P35 for the 2006/2007 tax year even though not a penny left the business during that time, which all seems a bit pointless. So did you manage to submit your CT41G without being enrolled in the whole PAYE shebang before you needed to be?
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Originally posted by LewisWith regards to deadlines, I'm more fortunate as I have yet to pay any salary and so have no forms to file for 2006/07 (only got a PAYE reference last week).
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Originally posted by BigbirdActually, the main reason I post on CUK is because I consider it to be a reputable source for a lot of info.........
Not being a contractor myself but someone who is trying to provide a service to contractors (but not a managed one obviously! ) it is really useful to me to get views form the "other side of the coin" if you like.
It's great that info on a wide variety of subjects can be shared so freely on here, and I expect that for most of us we would take any advice given as a starting point and do our own research to verify it rather than just following it like sheep.........
But I take your point...
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Originally posted by ittonyGreat, so in order to make some sort of cheap point about personal responsibility you wasted half my day by scaremongering about a deadline which neither necessitated taking the urgent steps you proposed, nor had serious consequences if missed completely, and concerned a process you knew I had already completed anyway.
Despite what you say, I happen to think submitting questions to a forum of my peers is a perfectly suitable strand of research into these matters, and I hope to continue to benefit from it despite the mockery some would heap on me for daring not to have an accountant run the show completely.
Like many others, I'm here to learn how to be a businessman, not a Jedi master, so if you think you could deliver your lessons in a slightly less obtuse format I'm sure it would be widely appreciated.
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Originally posted by cojakDon't take anyone's word, find reputable sources and make your own decisions...
Not being a contractor myself but someone who is trying to provide a service to contractors (but not a managed one obviously! ) it is really useful to me to get views form the "other side of the coin" if you like.
It's great that info on a wide variety of subjects can be shared so freely on here, and I expect that for most of us we would take any advice given as a starting point and do our own research to verify it rather than just following it like sheep.........
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Originally posted by cojakThat's the one...
Good - now you're looking things up yourselves.
Don't take anyone's word, find reputable sources and make your own decisions...
Despite what you say, I happen to think submitting questions to a forum of my peers is a perfectly suitable strand of research into these matters, and I hope to continue to benefit from it despite the mockery some would heap on me for daring not to have an accountant run the show completely.
Like many others, I'm here to learn how to be a businessman, not a Jedi master, so if you think you could deliver your lessons in a slightly less obtuse format I'm sure it would be widely appreciated.Last edited by ittony; 23 April 2007, 12:14.
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Originally posted by BigbirdI suspect (although I can't find confirmation either) that 25th April may be the last date to register for online filing so that it will be set up and ready before the 19th May.
In your case it's not relevant though because you can't file a NIL return online.
Incidentally, for those who do file online the incentive payment goes down to £150 this year (2006/7) then £75 2007/8 and £50 2008/9.
Good - now you're looking things up yourselves.
Don't take anyone's word, find reputable sources and make your own decisions...
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Originally posted by BigbirdI suspect (although I can't find confirmation either) that 25th April may be the last date to register for online filing so that it will be set up and ready before the 19th May.
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I suspect (although I can't find confirmation either) that 25th April may be the last date to register for online filing so that it will be set up and ready before the 19th May.
In your case it's not relevant though because you can't file a NIL return online.
Incidentally, for those who do file online the incentive payment goes down to £150 this year (2006/7) then £75 2007/8 and £50 2008/9.
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Originally posted by LewisI'm interested as also looking to do my own payroll. Just got CD from revenue and going through it. I am keen to learn as much as I can and I'm sure there are others reading this too. keep 'em coming!
Don't suppose you've come across this deadline that cojak's warning of? He's got me pretty worried, but after spending a good hour trawling the HMRC website and the internet in general I can't find any applicable reference to a 25 April deadline.
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Originally posted by BigbirdYou need to send in a "Nil" P35, and you can't do it online.
Just write "NIL" across the bit where you would normally put the employee details, stick a 0.00 at the bottom, tick all the boxes and sign it.
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