Putting aside IR35 for a second, the dentist is trading through a limited company but the contract is not with the dentist. Does that mean that this is a flawed incorporation and the dentist is actually self employed and therefore should not be using the company?
According to VAT Notice 700/21: keeping VAT records.
You will need to keep additional records, such as invoices. You do not have to keep these digitally
HMRC guidance is saying that these do not need to be kept digitally, so I am finding your answers contradictory.
Hi
The business hasn't filed a single years of accounts, and seems to flip companies. This leads me to think that there may be issues - but i have never seen their income and expenditure - and all they ever want from me is payroll.
I don't have enough information to make an informed decision, and am only required to look at the payroll administration.
My answers
Putting aside IR35 for a second, the dentist is trading through a limited company but the contract is not with the dentist. Does that mean that this is a flawed incorporation and the dentist is actually self employed and therefore should not be using the company?
Changed the software, now using Taxcalc because you cannot add or edit charts of accounts on Taxfiler
KEYPAY
included in the year it's actually paid
Hi, can I liaise with you on email?
Hello
Please can you expand.
Thanks
According to VAT Notice 700/21: keeping VAT records.
You will need to keep additional records, such as invoices. You do not have to keep these digitally
HMRC guidance is saying that these do not need to be kept digitally, so I am finding your answers contradictory.
Its a one bed that he will re-develop to 4 beds and then let it. I cant see the problem here?
your business had a VAT taxable turnover of more than £85,000 over the last 12 months"
Technically - the last 12 months wasn't "their" business.
Hi
The business hasn't filed a single years of accounts, and seems to flip companies. This leads me to think that there may be issues - but i have never seen their income and expenditure - and all they ever want from me is payroll.
I don't have enough information to make an informed decision, and am only required to look at the payroll administration.