piotrkosa
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HMRC form

LTD Company is registered in the UK. The owner is from other (UE) country (tax resident UE). The company pays dividend each year. Is there any tax form which is required to submit to HMRC ? (The owner is not required to submit his personal tax return in UK)

thanks for advise :)

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13th Sep 2017 15:50

Yes. A (company) tax return (possibly).

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to Tim Vane
14th Sep 2017 10:15

Yes accounts too :) but any other specific info to HMRC?

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14th Sep 2017 11:02

Surely it depends what the company is doing? If it is VAT registered there will be VAT returns to do, if it has employees PAYE, if it is building CIS returns............etc etc

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to accountantccole
14th Sep 2017 12:36

:) no vat, no CIS, one employee. Everything is submitted. Now the company pay dividend. If the owner would be from the UK he will show dividend received in his personal tax return (and pay tax if apply). But the owner is from abroad so he will not submit any tax return here. So it looks like money is transferred abroad without any information submitted to HMRC...?

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By Matrix
to piotrkosa
14th Sep 2017 13:22

That is correct, the dividend would be included in his tax return in his home country.

Is the company managed and controlled from his home country?

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to Matrix
14th Sep 2017 14:14

An employee is a director so all is managed here

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