Are annual certificates allowed (to cover a tax year) or do certificates need to be raised for each payment seperatly? Please give source of answer. Thanks
A recent First-tier Tribunal case has once again highlighted the dangers of using dividend waivers to reallocate income between shareholders, writes BDO tax
I know this is an extremely complex area and of course don't expect definitive advice but any general opinions would be welcome!
I wonder if someone can give me some advice ref.
Thank you for clarifying in advance. I would like to know if what I would suggest is a valid arrangement from HMRC point of view.
My client has just setup his own service company and is working through it as an IT contractor.
Just had an e-mail from Lawspeed headed "News 3rd December 2013" including the following text:
I'm fairly sure I'm correct having read this http://www.hmrc.gov.uk/eis/part1/1-1.htm
Could anyone advise me on how dividends are taxed?
I have seen accountant moving all of the director loan account to dividends when the accounts are signed of BUT how does that actually work in terms of dates?