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Working through personal limited company

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

Moderators: Casa, Amber, archigabe, batleykhan, ca.funke, ChetanOjha, EUsmileWEallsmile, JAJ, John, Obie, push, geriatrix, vinny, CR001, zimba, meself2, Administrator

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Cormet
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Posts: 12
Joined: Fri Apr 24, 2009 11:46 pm
Location: Newcastle - UK

Working through personal limited company

Post by Cormet » Fri Sep 04, 2009 9:16 am

Working through personal limited company
Not issued payslips, how can I use Dividend vouchers?
In the dividend will there be only Net Amount? If yes how and where will I show Tax or deductions?

I have seen a sample from another forum for a dividend but from 2005 post please let me know if its valid.


DATE OF DIVIDEND = the date you're declaring the dividend, usually today
YEAR ENDING = Your company year end date
Dividend Number = 1 for the first divi of the year, 2 for the 2nd and so on.
Enter Total Amount of Div = The total amount of cash you're removing from the company back account.
Signatory for Certificates = Usually your name

ChetanOjha
Moderator
Posts: 2771
Joined: Thu Dec 28, 2006 12:49 am
Location: London
United Kingdom

Re: Working through personal limited company

Post by ChetanOjha » Fri Sep 04, 2009 10:57 am

Cormet wrote:Working through personal limited company
Not issued payslips, how can I use Dividend vouchers?
In the dividend will there be only Net Amount? If yes how and where will I show Tax or deductions?

I have seen a sample from another forum for a dividend but from 2005 post please let me know if its valid.


DATE OF DIVIDEND = the date you're declaring the dividend, usually today
YEAR ENDING = Your company year end date
Dividend Number = 1 for the first divi of the year, 2 for the 2nd and so on.
Enter Total Amount of Div = The total amount of cash you're removing from the company back account.
Signatory for Certificates = Usually your name
Speak to your accountant and he will sort this out for you.

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