13th Jun 2018
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1363
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Registered for SA director but didn't receive any letter from HMRC in a month time
Registered for SA director but didn't receive any letter from HMRC in a month time
Replies (36)
Comments for this post are now closed.
Oh dear.
Why do you think that directors need to be registered as directors for SA?
Please do some research before you answer and please don't tell us that is what gov.uk or HMRC says.
You actions may have incurred wasted time / effort / fees for your friend.
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https://www.accountingweb.co.uk/tax/hmrc-policy/tribunal-company-directo...
To take the edge of Wanderer's reply a little (though he is correct), unless the directors will have a tax liability other than on income taxed at source, there is no need for them to be within self-assessment.
If they are also shareholders and will receive dividends in excess of £2,000, then that's a different matter.
Even then there's a good chance that the OP has brought the two directors within SA for 2017/2018 whereas there's a good chance that it would only be necessary for 2018/2019.
Of course we are now just guessing, hence my question why the OP thinks they need to be within SA.
For the little effort required in a directors sa tax return, presuming that their tax situation was such that they previously were not in the sa regime, I will always register them for sa immediately.
Makes me keep an eye on them through the year.
Belt and braces
So you unnecessarily bring them into a system to 'make me keep an eye on them'.
Good luck with your PI insurers if there is ever a claim resulting from that.
Bring it on, I love a challenge
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IF you used that link to the structured e-mail SA1 that you posted earlier, my experience is it used to be brilliant. Worked every time with no problems.
Unfortunately not so for the last year. My experience for 2017 often went along the lines of never hearing anything back and having to make multiple calls to the Agent Priority Line, having to make duplicate applications & having to send (multiple) copies by post.
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No, that structured e-mail system doesn't give an acknowledgment reference number.
That, together with the fact that it now hardly ever works, is why we in the profession rarely use it now and go via our agents accounts where we do get a reference.
Perhaps you shouldn't be doing this private work and refer your friend to your employer?
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Because possibly:-
1. You don't understand the requirements for registering for self assessment.
2. A little knowledge is a dangerous thing.
3. You may have caused unnecessary issues for your friend.
4. It may be against your contract of employment.
5. Your employer may not be too happy with the situation.
6. You may need to register with HMRC under the money laundering regulations.
7. You are relying on the internet to guide you what to do.
8. If you are a trainee it may be against the requirements of your professional body.
9. You are potentially exposing yourself to claims which (I doubt) you have PI cover for.
10. You may be doing a general disservice to your friend.
etc etc.
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And now you are posting this little tirade when above I've answered your original question, pointed out problems, given you a link where you can look up the law for yourself, given you practical, real life, experience about what works & what doesn't with SA registration and then pointed out potential further pitfalls, in response to a question you specifically asked!
No don't bother taking any of my advice, nor trust what I've said nor even reflect on the above. Go back to gov.uk and other parts of the internet & take all the advice from there.
What could possibly go wrong?
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Great example! Yes that's incorrect as well.
Where did you read that? Even gov uk hasn't got that wrong. They say:
"You’ll need to register for Corporation Tax within 3 months of starting to do business"
Do you recognise the difference?
Not everything, but you’d be surprised. The content says (generally) what HMRC want the law to be, not what it is.
Bingo Wanderer. Gabriele - you couldn’t have picked a better second sentence if you tried.
the most dangerous type knowledge....'not knowing what you don't know'
You appear to be exhibiting this....take some of the advice given on the chin.... it is given as much to protect you as it is the people you are advising.
Nobody seems to be sticking up for the OP here. It's not a problem if she's not registered for MLR since it's just her friend and she is not charging him for any work. She isn't breaching the rules of her professional body because it's just helping out a friend, and if she continues to make mistakes and possibly ends up causing the friend even more cost and headaches then it's fine because it's just her friend and friends are happy to forgive things like that. For the same reason she doesn't need PI cover because her friend is entirely aware that she is not offering any advice on a professional level - it's just mates helping out mates. Her employers cannot have an issue with her helping a mate. In fact, given that sorting out future mistakes could be costly it may even benefit her employers if she eventually passes the mess on to them to deal with - could be a nice sign-up commission for her. The important thing is that this is just a friend and so everything will be fine.
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"irony
noun
the expression of one's meaning by using language that normally signifies the opposite, typically for humorous or emphatic effect."
I once bought an irony machine.
It did everything apart from be ironic.
All gone now :(
I'm sure Tim's eidetic computer will be along to fill in the blanks.
Surely a permanent ban is in order for posters like this. It just fills the site up with crap.
Whilst I can't be certain given it has been edited, it seems the OP has messed up, has been in over their head, and then decided to throw the toys out of the pram when presented with the correct answer.
Suck it up and accept it rather than trying to cover up you failings.
Should but won't. They all contribute to the stats Sift report to their advertisers.
Correct
Some people can't handle the truth ....
Here is the original question:
SA Director's registration
Registered for SA director but didn't receive any letter from HMRC in a month time
Hi all :)
This is my first question here and I really hope so this website will be very helpful for me.
I am helping my friend with his company's paperwork. He did incorporate it in February and asked for my help in beginning of May, so I did the first steps: registered him for CT and did SA Director's registrations (2 directors) privatelly through Gov.uk website on 13th of May, on the end of registration I saw a summary and saved it before submitted, but after I have pressed Submit, it didn't show me confirmation or aknowledgement reference number (both times), as I never done it before I thought it is all correct, but now after a month they didn't receive any letter from HMRC saying they are registered as directors for SA. Could it be something wrong? Or should we just call to HMRC and ask them if they received applications for SA directors registrations?
Kind regards for all the answers
Wish I was as clever as Tim!
Since the Op has removed their question I think that's a good reason to close this thread. Thanks all who participated but I think it's run its course.