- FAQ
- Login
- Register
- Call Workpermit.com for a paid service +44 (0)344-991-9222
ESC
Welcome to immigrationboards.com!
Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2, Administrator
What are you waiting for? Self Assessment returns can be filed online at www.hmrc.gov.uk . Much more efficient than using a paper form and you get (almost) instant acknowledgement that the return has been received by them. Not only that, the validations applied to the return when you send it in electronically include a check on box 18.3 ... how much tax is due from you, or how much refund you are due .... so you have confirmation of your tax situation.dajumper wrote:As well as lodging a tax return (which i'm still waiting for)
Sorry, this is not complicated at all, once you appreciate that you and the Limited Company are two separate legal people!dajumper wrote:Thanks, but my situation is a little complicated. I am working through a limited company and they have all the figures. Do you think i can just use my gross income earned then use the 19% small company's tax which has been deducted?
Indeed, there is no need so someone who is employed by a limited company to give any proof of ownership of that company. So in reality this is a non-issue.I have not heard of anyone being declined an extension due to trading through a ltd company, there own company or an umbrella co
From the visa point of view it will make no difference whatsoever.I've been working under my own ltd co., and the co. name is my surname.
John wrote: However putting on my Tax Consultant hat, from the point of view of defeating any attack from HMRC concerning IR35, it is generally considered better to have a non-personal company name rather than one so clearly allied with you personally.
Now I accept that this could be considered overkill, but against that, why make life even slightly easier for HMRC to make an IR35 attack stick.
If I were you I would contact advisers and if they agree, change the company name.
-: and I think it is in that context that my comments should be read.I accept that this could be considered overkill, but against that, why make life even slightly easier for HMRC to make an IR35 attack stick.
In reality it is difficult to say why HMRC pick on any particular company to investigate. I would just prefer to raise as little suspicion as possible to any thought that the company's activities are caught by IK35. But absolutely emphasise that this might be "overkill".I have not heard a case where the Revenue started investigation picking the surname and ltd company name to match those unlucky souls who got snake-bitten in the last 2-3 years.