Member Since: 24th Dec 2003
16th Jun 2019
Thanks, found it now at http://www.legislation.gov.uk/ukpga/2017/32/schedule/3/enacted 783BA(3) and it is definitely a no go.
14th Apr 2015
Accountant indeed ;-)
- Very droll. I've been mistaken for a lawyer and a banker (and many years ago as Noel Edmonds - but we won't go there), but never before as an accountant.JCresswellTax wrote:
May very well be that self-employed accountant!!
I did try asking him (in a roundabout way) and he kept coming back to the concept of an ex-gratia payment, but also that he thought only ex-employees could be given an ex-gratia payment. And we sort of got stuck there.
I'd like the company to make the payment (only because he has dealt solely with the company affairs, not mine) but I wonder whether I'll end up personally making a "gift". But the spectre of "bribery" or some other foul deed seems to have now raised its head.
28th Jun 2012
Thanks George Attazder. That's what I wanted to ascertain - so higher (and additional) rate relief would be available against interest and dividend income in such circumstances.
Sorry vince8 - definitely not confused.
28th Jun 2012
Just to clarify, one does not need net relevant earnings to contribute up to £3600 gross- my question relates to such circumstances, and whether the basic rate band is extended under such circumstances in order to afford higher rate relief?
21st Mar 2012
Just to clarify, following the above, the cash reserves would still earn interest and so the company would be liable to Sch D Case III tax.
But if it is not a trading company, not dormant and not investment, what is it?
31st May 2010
One problem fixed and another one introduced. AAAAAGGGHHHH!
It seems they have fixed one problem and created another. Now Pay In This Employment and Total For Year are showing decimal point moved 3 places to the left (e.g. 5,750.00 is showing as 5.75) and Earnings at LEL are similarly showing 4.94 rather than 4,940.00.
What sort of buffoons are working at HMRC?
Does anyone know if HMRC is aware of this issue?
29th Oct 2008
Try using R27 form
You might find that completing form R27 does the job.
27th Oct 2008
Point well taken
Steve Holloway - your point is well taken and thanks for explaining the thinking behind it.
27th Oct 2008
- No agency involved.
- Why should one's income needs be relevant to whether something falls within IR35?
17th Apr 2007
Thanks to all
Thanks to you all for your comments, especially Abacus - it is, of course, in my own interest to state the matter as clearly and concisely as possible (I am sometimes aghast at the gibberish posed as questions on some forums that I visit). I.e. I am trying to help you to help me!
I am not an accountant, lawyer or anything like that, just "joe public" trying to finalise the administration of a deceased relative's estate, but I hope that does not preclude me from endeavouring to ask sensible questions!