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Reply to: In the money. :)

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Previously on "In the money. :)"

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  • Notascooby
    replied
    Originally posted by MarillionFan View Post
    Should have signed the cheque out for CT, made payable to Mr Scrag Meister and popped it in a 3% current account for the 6 months and then paid it at the last second. Audit trail says you've paid it, and you get the interest. Who's to know ;-)

    Annoyingly I have completely fooked up this financial year, took divvies earlier in the year to which I couldn't afford(but was based on the financial year) plus company loan so I could buy a BTL property outright(which I then was unable to remortgage due to money laundering rules) & cant pay the loan back, spent around 12k on credit card in the last month on stuff, then discovered the other half has gone overdrawn to the tune of 6k & just checked to realise that I now owe £16k CT & about 7k in Tax for the financial year ending next week & I don't have access to any savings funds until May.

    Fook.
    I heard the prawn offers reasonable rates

    Leave a comment:


  • quackhandle
    replied
    Payday loan?

    HTH

    qh

    Leave a comment:


  • MarillionFan
    replied
    Originally posted by Scrag Meister View Post
    Recieved my cheque today for interest on my early payment of CT last year.

    Yey £39.28 on 15k+ for 6 months ish .

    How come we have to pay 4% on directors loans but when they borrow your money they only pay 0.5%?

    Oh well. They'll of course be taking 20% of that for CT this year too
    Should have signed the cheque out for CT, made payable to Mr Scrag Meister and popped it in a 3% current account for the 6 months and then paid it at the last second. Audit trail says you've paid it, and you get the interest. Who's to know ;-)

    Annoyingly I have completely fooked up this financial year, took divvies earlier in the year to which I couldn't afford(but was based on the financial year) plus company loan so I could buy a BTL property outright(which I then was unable to remortgage due to money laundering rules) & cant pay the loan back, spent around 12k on credit card in the last month on stuff, then discovered the other half has gone overdrawn to the tune of 6k & just checked to realise that I now owe £16k CT & about 7k in Tax for the financial year ending next week & I don't have access to any savings funds until May.

    Fook.

    Leave a comment:


  • Scrag Meister
    replied
    Originally posted by SimonMac View Post
    I'd be more worried about why you paid £15k CT, Shirley there must have been ways for you to reduce this
    LOL, that's after paying 20k+ into my employer pension. Believe me I try to be efficient when it comes to taxes, but sometimes there is no legitimate escape. Yes I know I wasted 30k of my tax-exempt pension allowance, but I need to live too.

    You obviously work somewhere other than London, and not in Banking.

    Part time shepherd on the Isle of Skye? Am I right? :P

    Leave a comment:


  • d000hg
    replied
    Originally posted by SimonMac View Post
    I'd be more worried about why you paid £15k CT, Shirley there must have been ways for you to reduce this
    I think he is on a decent rate, I know for you that would be close to 50%.

    Leave a comment:


  • SimonMac
    replied
    I'd be more worried about why you paid £15k CT, Shirley there must have been ways for you to reduce this

    Leave a comment:


  • Notascooby
    replied
    Originally posted by Scrag Meister View Post
    Recieved my cheque today for interest on my early payment of CT last year.

    Yey £39.28 on 15k+ for 6 months ish .

    How come we have to pay 4% on directors loans but when they borrow your money they only pay 0.5%?

    Oh well. They'll of course be taking 20% of that for CT this year too
    Think I got £24 or something...joy!

    Leave a comment:


  • BrilloPad
    replied
    I assumed this was going to be a thread on the options you bought.

    Leave a comment:


  • d000hg
    replied
    Originally posted by Scrag Meister View Post
    How come we have to pay 4% on directors loans but when they borrow your money they only pay 0.5%?
    Do you really need an answer to that? Find somewhere that pays the same to borrow money as it does to lend it, and let us know.

    Leave a comment:


  • Scrag Meister
    started a topic In the money. :)

    In the money. :)

    Recieved my cheque today for interest on my early payment of CT last year.

    Yey £39.28 on 15k+ for 6 months ish .

    How come we have to pay 4% on directors loans but when they borrow your money they only pay 0.5%?

    Oh well. They'll of course be taking 20% of that for CT this year too

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