my problems don’t seem to end atm guys;
The director wants salary to be made from previous tax year when no PAYE was in place for the pension scheme in that tax year.
I have said no, for various reasons; penalties from HMRC if an attempt is made to pay backdated salary i.e jan-mar 17. EYUs can’t be used for actually paying salary for the first time 10months after the actual Year end after setting up as an employer...
Im in a conflicting position; as an Accountant I know what they’re asking for is not correct and I’d recommend a payroll expert if they don’t agree with my view on this. Can you wake up one day 10months after tax year ends and say you want payroll for the last quarter when pension fund was not even setup as an employer and i doing this now having only been told by the client they had a SSAS fund is not been made aware til now and they wanted to draw a salary from it. Happy to setup as an employer now the pension fund is made of trustees.