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Limited Company and salaried employment

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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Lotter
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Posts: 2
Joined: Wed Feb 21, 2007 1:27 pm

Limited Company and salaried employment

Post by Lotter » Wed Feb 21, 2007 1:37 pm

I currently work through a limited company structure with 1st contact. I earn more than enough to qualify for my HSMP.
I need advice on the following.

I know I'm deemed an employee and shareholder active in the day to day running.

I can provide:

p60
original bank statements
Dividend vouchers
letter of employment stating my salary and dividend payouts.
However, I don't have any payslips. Can I substitute them with a statement of earning showing my salary?

MyHSMPApplication
Member
Posts: 248
Joined: Sun Feb 18, 2007 9:22 am

Post by MyHSMPApplication » Fri Feb 23, 2007 1:32 pm

Hi,
Was just wondering what a dividend voucher is?
Also what do you mean by a dividend tax credit?

I as aswell receiving a part of my salary in dividends. All I get is a monthly payslip in a plain A4 paper without any company seal / signature. I know this cannot be used as a payslip.

I was told that I will be getting something like a annual dividend receipt. Is this the same as a dividend voucher?

Do reply
Cheers

contractors_in_uk
Newly Registered
Posts: 11
Joined: Mon Apr 30, 2007 4:08 pm
Location: London, UK

Post by contractors_in_uk » Wed May 16, 2007 10:39 pm

Hi Lotter,

When you say you dont have any salary slips.. what do you mean?

Did 1st contract paid all your contract earnings as dividends and no salary... out of curiosity want to know why is that???

- Sandeep!

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