Just got a new client, a contractor, who's working through his limited company, taking around £12000 salary and the rest in dividends.
My client has asked if the payment of Directors remuneration of £589 per month can be treated as a paper exercise. It would be credited to Directors current account but not drawn until the company
A company has had a PAYE settlement agreeement in force for a number of years.
For 2010/11 the formal agreement has not been signed and returned.
Last year we have had some staff with Car and fuel benefits to which the relevent P46 Company Car details were filed with HMRC and the year end P11D expenses and benefits was also filed within the
HMRC’s “interim solution” to help administer the Department of Work and Pensions’ Universal Credit has come under fire from the payroll software industry.
Bloggs and co are registered under CIS scheme but mainly work for householders. They are having trouble understanding why they should deduct tax via CIS from the very occasional subcontractor.
The history – my client is dealt with purely under PAYE. In 2003, she retired from her local government post and started receiving a local government pension. At the same time,
The real-time information (RTI) environment planned for HMRC’s PAYE Online portal could undermine data quality and needs to be thoroughly tested, according to the National Audit Office.
I'm sure that many of you are taking on more OMB Limited Company contractor clients. I'm seeing more blue chip companies, and even banks, "employing" full time people via this route.
I suppose we all are asking ourselves this question. What happens when you don't get a P46 for a new employee from the client for a couple of weeks. How will this work with RTI.
- Limited company or partnership: which is best? 101,551 7
- RTI troublespots: Low paid directors 53,228 128
- PAYE on redundancy payments 28,031 18
- The IT Zone guide to payroll services and software - 2008 update 25,339 2
- Real Time Information checklist 23,853 12