2 companies, one payroll

2 companies, one payroll

Didn't find your answer?

Two companies, common shareholders/directors, different businesses (nothing to do with artificial separation etc) can they have a payroll scheme which covers both companies?

I've never heard of this, they aren't a group of companies, just merely common ownership so I can't see how it can be done, but it has been suggested it can?

Anyone come across this before?

Many thanks

Replies (9)

Please login or register to join the discussion.

avatar
By andy.partridge
30th Jul 2015 18:02

Maybe they are all employed by one company, but contracted out to the other as required?

 

Thanks (0)
avatar
By User deleted
30th Jul 2015 18:25

One employer may operate more than one PAYE schemes (Reg 98), but I'm yet to see anything the other way.

Thanks (0)
avatar
By mgandc
30th Jul 2015 18:40

Thanks

We've been asked to set it up that way, which to my mind I don't think we can do but if anyone is aware that you can, I'm grateful to know.

I just don't see how it could work.

 

Thanks (0)
avatar
By User deleted
30th Jul 2015 20:36

I can't understand how two separate legal entities sharing a single page scheme will work. In terms of law how will the liabilities be shared??

Thanks (0)
avatar
By mgandc
30th Jul 2015 20:47

Me neither

We've been asked to do this by our clients 'business coach/adviser'.

thanks taxguru, agreed its total garbage but wanted to check I wasn't being think

Thanks (0)
avatar
By qhas
30th Jul 2015 23:08

Business coach / advisor
Should carry a Brain Donor card

Thanks (0)
By Penfold
30th Jul 2015 23:12

Salomon
v A Salomon & Co Ltd

ffs

Thanks (0)
avatar
By S.K
31st Jul 2015 01:18

NI

HMRC may want to ensure your not claiming the £2000 allowance twice deliberately 

Thanks (0)
avatar
By Kazmc
31st Jul 2015 09:06

If you don't mind the wait....

I applied for an additional PAYE ref for a client of ours 6 weeks ago, called yesterday to chase and was told to expect new references by........ wait for it........ 25 JANUARY 2016!

You can't make it up.......

Thanks (0)