Is this legal?
I have a client who is a subbie in the construction industry but has recently been taken on the books by a UK registered Ltd company. His wages less PAYE are being supplemented by a dividend paid from an Irish registered company with no tax deducted. The dividend is higher than his gross wage.
I cannot see how this can be legal from a tax point of view.
Any thoughts and what would you do next? Report the company to the IR? Tell the client to find a new job of which there aren't many. Could he be liable for more tax?
- RTI Fees 289
- Where's our 10%? 266
- Driving sales growth 212
- CIS late registration 206
- Cost of converting property - who pays? 204
- EIS 202
- Accounting for gift vouchers - paid for and donated 192
- Break up basis accounting 187
- Accounts production software for business SSC 183
- Best structure 183
- High Income Child Benefit Tax Charge Error? 175
- iQor recovering HMRC debts again 152
- Is commission on sales always vatable? 133
- SEIS and DeMinimus Aid 133
- Integrate accounts software with infusionsoft 132
- Property does not qualify for FHL, what is allowable? 119
- Employers NIC holiday paper application form 112
- Child benefit 111
- Trusts - loan to beneficiary 106
- National Insurance when leaving UK 104
It maybe legal