Hi,
I am planning to apply for my ILR in a month; but had a bit of trouble with accounts.
Want to take dividend & salary on monthly basis; as director & sole employee of my limited company.
But due to some miss communication, my accountant forgot to register me for Employee's NI.
Since it is the first time I am doing something like this, so I transfer Dividend & salary from my business account to my personal account. (Ideally I should wait for salary slips to be generated by accountant)
Now my accountant is saying dividend is fine, but since you have not done the NI contribution on salary.
Obviously I cannot change the past salary transaction done in my business account;
To fix this my accountants suggest mentioning the salary transaction as dividend too in the accounts summary statement.
This will incur some cooperation tax. But they will prepare my account statement in that way which is not doing any tax evasion or such.
My concern; will it cause any issue with my ILR application
I.e. Mentioning the salary transaction (which are just text saying salary from this to this) as dividend in the account statement. The cooperation tax will be deducted on the total for both.
Gurus please help me on this, feeling kind of stressed.
PS: I will be completing exactly 5 years as PBS Tier1-G on 25th April 2015.
Thanks
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