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I have a UK limited company and my spouse and I had shared
I have a UK limited company and my spouse and I had shared income through splitting the company ownership at 50/50. My company would pay into her own personal account monthly dividends drawn and I wou… read more
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We are a LTD company with two shareholders who hold 50% of
We are a LTD company with two shareholders who hold 50% of the shares each. Both shareholders are also employed part time. Shareholder 1's annual salary from employment is £4000 and shareholders 2 ann… read more
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We have a small limited business which has had a good year
We have a small limited business which has had a good year in 2011/2012 returning a profit of between £350,000 and £400,000. It is our intention to pay my wife who has no other earnings the 95% of thi… read more
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I am a director of a small limited company my wife and I own
I am a director of a small limited company my wife and I own all the shares we each take a salary which together amounts to around £90,000 per year we also pay ourselves dividends of around £40,000 pe… read more
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one year ago i started Ltd Co which i am sole director and
one year ago i started Ltd Co which i am sole director and share holder.I lend the Co £4000 to run the business. After a Year a company made a profit before tax £2000.Now i want some of my loan back. … read more
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One of my sons owns a small Ltd Company - they submit end of
One of my sons owns a small Ltd Company - they submit end of year accounts and pay Corpoartion Tax. He draws a small regular salary and pays tax and Nhi on this salary. At the endof the year he draws … read more
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I run a small lettings business and wish to sell it. its a
I run a small lettings business and wish to sell it. its a limited company with just myself as a director. I have a buyer for the business and we are wondering the most tax effecient way to sell it to… read more
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Payments on account. I am sole director of a limited company
Payments on account. I am sole director of a limited company and during 2009/10 drew a £15k salary and took approx £50k in dividends form the company. After just completing my self assessment for 2009… read more
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HiI was made redundent in Sept 2009, started a company in
Hi I was made redundent in Sept 2009, started a company in January 2010 for a contract job till end of May. Since then I have been a job and am taxed under PAYE. I earned £25K till 31/03/10 and £17k t… read more
Anne T
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Hi, my wife and i started a limited company feb09. We are both
Hi, my wife and i started a limited company feb09. We are both directors/share holders. She is in full time emploment earning circa £42k. I took early retirement and have done some consutancy work thr… read more
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Can I legally sell my 50% share in our private ltd company
Can I legally sell my 50% share in our private ltd company to the other director for a nominal sum of 1p?… read more
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I became self-employed on 1 March 2010 - 31 May 2010 and a
I became self-employed on 1 March 2010 - 31 May 2010 and a director (one of two) of a small start up limited business. We did all the correct HMRC paper work both at the start up and my leaving the co… read more
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Can I lend money to an individual with or without interest
Can I lend money to an individual with or without interest personally or from my family business What happens if I don't get payed back, can I write the debt off.… read more
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my friend is trying to arrange a settlement for his ex partner
my friend is trying to arrange a settlement for his ex partner which is fair, provides her with a good income and doesn't incur huge capital gains tax, whilst also ensuring their children won't incur … read more
Sam
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I am proposing to sell my shares in a private company back
I am proposing to sell my shares in a private company back to the company. I understand that this transaction may be regarded as a distribution or capital gain. What are the pro's and con's of each po… read more
Tony Tax
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I work part-time (15hpw) for a local authority but am paid
I work part-time (15hpw) for a local authority but am paid through an agency who made me set up a limited company. For tax purposes is it acceptable to pay myself as sole director all surpluses (only … read more
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We are currently looking to convert our overdrawn directors
We are currently looking to convert our overdrawn directors loan accounts to PAYE and in doing this it is estimated that about £25k will be owed to HMRC in unpaid tax and NI. This and other bills cann… read more
Sam
Sam
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thanks marimonay. we did make our jan 09 copr payment, its
thanks marimonay. we did make our jan 09 copr payment, its the one due jan 2010 that we've been dropped in it for. We brought all the shares but are paying it off in four lumps spread over next 18 mon… read more
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marimonay
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