We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
limited company help please
onthelook_2
Posts: 103 Forumite
in Cutting tax
Recently changed our company from a partnership to a ltd for tax purposes we have registered with companies house and are in the middle of changing bank accounts.
Basically i need a new acoountant but in the mean time if you could help im a bit confused with how about we pay the wages yes i understand to pay your self the minimum wage so not to pay tax and then take divedends as i do the recording of details how do i record this in our expenses spreadsheet and do i need to fill in the p11 form from the hmrc with the wages they are taking each week even though they are not paying tax on it.
Please help
Basically i need a new acoountant but in the mean time if you could help im a bit confused with how about we pay the wages yes i understand to pay your self the minimum wage so not to pay tax and then take divedends as i do the recording of details how do i record this in our expenses spreadsheet and do i need to fill in the p11 form from the hmrc with the wages they are taking each week even though they are not paying tax on it.
Please help
0
Comments
-
Send me your email address.....0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards