thanks for looking at my query and hope you folks in the know can assist.
I am not asking an existentialist question but perhaps a philosophical one!
I am planning to setup an umbrella company for a specific niche. All contractors will go through usual PAYE process, no funny business, no tax evasion issues etc.
We're a very small company with 1k loan from StartupLoans.
Do we pay tax on repayments and interest using the CT61?
An accountant who used to work for HMRC told me a couple of years ago that if I was doing more than 10,000 miles per year for business (and therefore had to start using the lower per mile rate) I c
This another unFrequentlyAQ just like last time – again just once to my knowledge but you wouldn’t believe how long it took to find an answer for this one as well!
2 Associated companies(not a group), 1 an investment property firm holding 2 commercial properties which are rented out, the other company is a full trading firm.
I been searching for answers but I cant find anything that helps clarify things at all for my question.
- Budget 2010: At-a-glance guide 19,155 9
- Monthly dividend payments to director - sole shareholder 15,288 6
- Marginal Rate of Tax 13,616 5
- ACCA newly qualified but its not enough... 13,325 20
- Accountants' IR35 knowledge ‘worryingly vague’ 12,789 15