if your company is new then you will liable for corp tax after 19 months. its up to you that you pay corp on monthly basis or pay it on due date.

Congratulation mate,

I have one question reg Dividend.

Did you use Net Dividend or Gross Dividend?


Reg,

Shah

Hi All, I have a limited company and most of my clients pay me cash on the spot and I issue them invoice. I also prefer cash as cheques may bounce. the same amount I deposit in my business bank account. will it be a problem in extension? I have record of all invoices, which include the amount, name,...

I am on tier 1 (general visa). bundle of thanks for your reply.

Any One Please.

HI All, I am getting earning in the shape of salary(min) + Dividend from a Ltd company for which I am the sole shareholder and Director. Now days business is quite and I want to join full time job as employee to meet the earning requirement. can I start full time job and also run my company? Thanks

Sorry, I will be eligible for ILR in Dec, 2014. I am going to extend my visa along with my wife in Dec, 2012 for another 2 years. my wife currently is on tier 1 dependent visa expiring in Dec, 2012 at the same as mine. she got dependent visa in Feb, 2012 and came last week. as per my understanding a...

thanks greenie. i read this like and it says, as long as the application which resulted in the original grant of leave as a spouse/partner was made before 9th July 2012, the 2 year probationary period, and (for partners of settled persons) the current accomodation and maintenance reqiurements, will ...

Could some one please clarify that my wife visa come under the new rules. she got tier 1 dependent visa in Feb, 2012. we will extend our visas in dec, 2012 for another 2 years. i will complete my 5 years in Dec, 2014. my question is will she come under the new rules when we apply for FLR in Dec, 201...

To theroyale, congrats on your tier 1 extension. I am also in the same position as yours. I set up a limited company in Nov, 2011 and drawing Minimum salary(below tax threshold) and dividend. my salary every month for financial year, 2010-2011 was £600 which attracts no Tax but very little NI. my ex...

thanks for your prompt reply.

Dear All, i have two questions regarding dividend of Ltd company. 1) A company declared dividend for the first time after 3 months of its incorporation. my question is can company declare dividend now after 2 months? or it will stick now to 3 month policy. 2) What about the amount of dividend is it ...

congratulation dear

i have quary regarding dividend points. i want to know that points are awarded or gross dividend or net dividend?

thanks

Only net profit ie. Gross profit less (operational expenses and tax) will count as earning.

Posted: Wed Feb 22, 2012 9:15 am Post subject: Self employed lawyer required documents for indefinite leave a friend of mine will complete his five years as self employed lawyer and is going to apply for indefinite leave to remain at the end of march, 2012. i need to know that will he also show the ...

bundle of thanks.

Still waiting for reply...................

I applied for my wife visa from BHC Pakistan. online status is " Processed Application returned to AC"

What does it mean?

thanks pvivekrao for your prompt reply, I want to know about taxes as well. I know that I will have to pay minimum NI and tax if I keep my salary at minimum level but I don't know about corporate tax and tax credit on dividends. if company made profit then company will be liable for corporate tax wh...

Can you please let me know what supporting documents you attached for your earning points? I am on tier 1 general and my extension is due in Dec, 2012. I need £26K. I also have limited company and I draw £600 as a salary from company account. for salaried employee I know home office considered gross...

Thanks alot AccountantMatthew and john, for your prompt reply. I have already set up a Ltd company as advised by my Accountant. but I am not sure about many things. as I said in my previous post that I am on tier 1 general which will expire in Dec, 2012 and I need earning of £26K. I have started a b...

thanks alot AccountantMatthew, sorry, I mean that company pay corporate tax on profit and employees pay income tax on dividend. I have a question regarding corporate tax and tax on dividend. I am sole director of a limited company and I draw minimum salary every month on which NI and tax is minimum....

Hi AccountantMatthew, I have one question regarding corporate tax and tax on dividend. I am sole director of a limited company and I draw minimum salary every month on which NI and tax is minimum. if company made profit I know that their will be corporate tax which is 20% but if company declare the ...

I am in the process of opening a limited company but not sure about taxes. I will draw minimum salary every month and I am sure that NI and tax will be minimum for this amount. and if I take dividend from the company I will have to pay corporate tax on it as employee(Director). I have one question i...

Why Glasgow PEO is not good for Ltd Company?