I am a director of a LTD Comp and 100% shareholder. 1. I work for a client through an agency (got a proper contract agreement for 6months) 2. I train people on some courses (not for the same agency, this is on my own. I Invoice them through my LTD company and they deposit cash into my business bank ...

thanks and can you please advise on how to prove that i will be paying corp tax on dividends taken?? anyway i filed my accounts last week but will not be paying 9 months from then.

so how can i prove this??

For tier1 visa extension, do we need to show the business account where money is coming in from the clients??

Every month i save the tax credits, VAT and Corp tax in tax saver account. Do i need to show this bank statement as well??

thanks Sush

Do we need to be in UK continuosly for 12 month period to provide funds

£900 for main applicant
£600 for dependant

main applicant has been living in UK on tier1 for the past 1.5yrs (but it wasnt continuous)

plz advise!!

You will be having the same status until a deicision is made on your visa application

Can work and live in UK as normal

If the contractor limited company pays a dividend of £9,000, the tax credit is 10% of the gross dividend, or £1,000, and the grossed-up dividend is £10,000. What the contractor actually receives is £9,000, and what goes into the paperwork as taxable income is £10,000 Search the policy guidance and e...

Total Salary to Claim: Gross Salary + Net Dividends + 10% Tax Credit

thanks Gaurav

Do i need to register as self-employed??

I work for a client at their premises through agency as a IT contractor. I inovice the agency and they pay me every week. Now a days I started giving online training to people. I invoice them and they pay me every week. As I own a LTD company and as a 100% shareholder,PAYE registered so taking minim...

loan repayed back into buss accounts are not considered as income, hence no need to report for tax purposes

as per my knowledge, loan repayments is not considered as earning. please wait for other members advise.

how to check if accountants are qualified ACCA's ? i googled it and found that my accountant is ACCA approved Business Advisor. but the certifications and technical qualifications are blank? how to confirm whether they are qualified Accountants??

solihull

any suggestions

I got a LTD Comp - Director and 100% share holer. I am only taking salary from the company. already registered as employee of my company and paying NI and Paye tax every month Now in this forum some are suggesting to register ourselves as self employed and also pay class 2 NI etc please provide sugg...

ok thanks rajesh

thanks gaurav

Yes, i am registered as employee of my company and pay NI and tax every month.

u need to seek lawyer assistance to do that lol

Is it legal to take salary from business account even if i havent paid the corp tax to HMRC on time??

i did set up a monthly payment plan with HMRC to clear the corp tax.

please advise if its legal to take a salary from business account as i am 100% shareholder and a employee of my LTD Comp.

I got a LTD Comp and will be getting funds from clients this month end. so i am planning to take a salary of 4000 every month for the next 5 months. While transferring money from Business Account to my current account, does it need to be a BACS payment?? as my accountant issues a proper iris payslip...

also ask accountant to add his/her registration no and their registration, in order for UK BA to cross check and confirm if required

as long as they are ACCA or other relevant approved accountants, YES you can. for the approved accountants by UK BA, please see the website.