Archived UK Tier 1 (General) points system forum. This route no longer exists.
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gurrano2
- Junior Member
- Posts: 56
- Joined: Mon Feb 18, 2013 4:18 pm
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by gurrano2 » Sat Mar 23, 2013 5:23 pm
I am a company director with 100% shares of the company. I have taken only dividend of 35k from my company account and paid into my personal account for my earning. I don't take salary as I am not registered as PAYE. Please I need an accountant advice and help to prepare my company account profit&loss. Not sure if I have taken the dividend the correct as I am not sure I have taken it out of profit from the company. Please I need urgent help.
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mnaeem126
- inactive
- Posts: 160
- Joined: Sat Dec 15, 2012 12:02 am
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by mnaeem126 » Sat Mar 23, 2013 5:56 pm
U can contact me by sending me email as pm then I would be able to give you Acct's contact No. He is FCCA and very reliable and competent.
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King_tier1
- Junior Member
- Posts: 51
- Joined: Wed Feb 06, 2013 3:30 pm
- Location: United Kingdom
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by King_tier1 » Sun Mar 24, 2013 3:53 am
gurrano2 wrote:I am a company director with 100% shares of the company. I have taken only dividend of 35k from my company account and paid into my personal account for my earning. I don't take salary as I am not registered as PAYE. Please I need an accountant advice and help to prepare my company account profit&loss. Not sure if I have taken the dividend the correct as I am not sure I have taken it out of profit from the company. Please I need urgent help.
I have an accountant if it helps, my case was similar to you and visa granted last week.
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John
- Moderator
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- Location: Birmingham, England
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by John » Sun Mar 24, 2013 7:04 am
I am a company director with 100% shares of the company. I have taken only dividend of 35k from my company account and paid into my personal account for my earning. I don't take salary as I am not registered as PAYE.
Clearly not a good idea. Not taking a salary from your company unnecessarily increases the amount of Corporation Tax payable by the company.
John
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gurrano2
- Junior Member
- Posts: 56
- Joined: Mon Feb 18, 2013 4:18 pm
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by gurrano2 » Sun Mar 24, 2013 7:24 am
Clearly John not a good idea as I was badly advice by my accountant. It is late now for me to adjust what has already been paid. Will this be an issue for my case to be approved. Going forward, I need to correct this with my accountant or get a new accountant. But please advice as I am submitting my application at end of the week. Thanks
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gurrano2
- Junior Member
- Posts: 56
- Joined: Mon Feb 18, 2013 4:18 pm
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by gurrano2 » Sun Mar 24, 2013 7:40 am
@king_tier : please I will need your help. Can you please share your number with me on pm? I need urgent help as I plan to send by month end. Thanks
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Bijuk
- Member
- Posts: 112
- Joined: Thu Aug 13, 2009 12:18 pm
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by Bijuk » Tue Mar 26, 2013 2:08 pm
Pls check you pm for contact details of my accountant if that could help
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gurrano2
- Junior Member
- Posts: 56
- Joined: Mon Feb 18, 2013 4:18 pm
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by gurrano2 » Tue Mar 26, 2013 2:21 pm
Thanks Bijuk.
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gurrano2
- Junior Member
- Posts: 56
- Joined: Mon Feb 18, 2013 4:18 pm
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by gurrano2 » Sat Mar 30, 2013 6:22 pm
Clearly John not a good idea as I was badly advice by my accountant. It is late now for me to adjust what has already been paid. Will this be an issue for my case to be approved. Going forward, I need to correct this with my accountant or get a new accountant. But please advice as I am submitting my application at end of the week. Thanks
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tier1_aspirant_del
- Member
- Posts: 153
- Joined: Sat Mar 06, 2010 2:45 pm
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by tier1_aspirant_del » Sat Mar 30, 2013 9:31 pm
contact Vijay at
vijay@skthakrar.co.uk or 07903 514842. He is a good certified accountant and very genuine.