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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.
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.
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
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