I don't think it is illegal, it would be a benefit in kind for the parent.
Sad to say but I've seen this done against my advice.
You can claim for your accountants fee.
What does your accountant advise?
It's probably not a mistake, the tax code should be week 1 / month 1.
Your correct, there are not capital in nature and can't be claimed against CGT.
Have you a company accountant? They could do an Accountants Certificate. Failing that, change broker if they won't help you.
I sent in a paper Tax Return for a client in June and have been told that it should be processed in January. Find another solution.
Surely the bonus is taxed under PAYE when it is paid, ie now?
I would call HMRC and ask them to transfer everything over to the correct UTR.
My answers
I don't think it is illegal, it would be a benefit in kind for the parent.
Sad to say but I've seen this done against my advice.
You can claim for your accountants fee.
What does your accountant advise?
It's probably not a mistake, the tax code should be week 1 / month 1.
Your correct, there are not capital in nature and can't be claimed against CGT.
Have you a company accountant? They could do an Accountants Certificate. Failing that, change broker if they won't help you.
I sent in a paper Tax Return for a client in June and have been told that it should be processed in January. Find another solution.
Surely the bonus is taxed under PAYE when it is paid, ie now?
I would call HMRC and ask them to transfer everything over to the correct UTR.