Member Since: 10th Mar 2015
13th Oct 2020
I'm not really sure about the tax treatment of a foreign partner in your case. However, what at least I know that individual partners in LLP have to send form SA401 to register for Self Assessment and a partner who is not an individual has to send form SA402 to register for Self Assessment.
Hopefully other members who have experience in this matter can help you more than me.
28th Mar 2019
Beside the possible solutions given above, please read the sections: When is a dividend paid? and, When is a dividend due and payable? in the Company Taxation Manual: https://www.gov.uk/hmrc-internal-manuals/company-taxation-manual/ctm15205
Does this Manual suggest that:
1) We can declare final dividends and credit the shareholders account, and fix due and payable date on any future date. In this case, the dividends are considered paid only on this fixed date not on the declaration date.
2) We can declare interim dividends and credit the shareholders account. In this case, the dividends are considered paid only when they are actually paid to the shareholders not when declared.
12th May 2017
I understand from your answer that the estate agent should send a VAT invoice to the seller. But, what about the buyers, as they are non-UK/EU residents; should the state agent also send them VAT-invoices?
28th Apr 2017
My calculation is also in line with the OP calculation.
Tax on non-savings income £0
Tax on savings income £0
Tax on dividends £220.88
22nd Dec 2016
Thank you Portia
22nd Nov 2016
Yes, a white box note is a good idea
22nd Nov 2016
Just file the SA and after 3 days phone the SA helpline to correct this problem which is well known to them.
8th Dec 2015
Surely ..... johngroganjga
From day 1 of this year he has been the most reliable and enlightening contributor to all our tax debates.
6th Nov 2015
Is the employer PAYE-registered?
Was your client's salary, from this employer, less than LEL?
4th Nov 2015
Yes I agree but
Just out of curiosity, how the HMRC will come to know whether there is a Tax liability to be assessed and collected without submitting SA Returns?