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Related UK Tax Questions
I would like to ask. If one person is director of 3
HelloI would like to ask. If one person is director of 3 companies, does he submit only one tax return or 3x tax returns? Thank you… read more
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I am intending to become involved in a UK ltd (startup)
I am intending to become involved in a UK ltd (startup) company. Let's call it S ltd. I am the sole director of another ltd uk consulting company. Let's call it C ltd. I have options for S ltd, includ… read more
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I have a question re Tax obligations Sole Representative of
Hi, I have a question re Tax obligations for a Sole Representative of an Overseas Company. My company is registered in the UK and I am the majority shareholder. I am based in Australia and pay taxes e… read more
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I am a resident in Brasil ( where I pay my taxes). I would
Hi, I am a resident in Brasil ( where I pay my taxes). I would like to start a LTD company in the UK. I'll be the director and have 100% of the shares. I'll be paying myself a salary as a director. My… read more
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I have a limited company (UK). I am the only director and
Hi, I have a limited company (UK). I am the only director and the only employee. I also have a 'day job' which is my primary source of income which uses all my personal allowance. The limited company … read more
taxadvisor.uk
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Hi. Can you tell me this? I have two strands of income.
Hi. Can you tell me this? I have two strands of income. One has to be as a sole practitioner for professional reasons. The other I can protect by setting up a limited company. I know that I would not … read more
Tony Tax
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If I change from being a sole trader to private limited company
If I change from being a sole trader to private limited company do I pay 20% CT on profit and then a further 10% notional tax on dividends. I also have a FT job which pays £35k via PAYE?… read more
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Is it tax efficient to have a 2nd company under the umbrella
Is it tax efficient to have a 2nd company under the umbrella of the 1st company (which I have a 49% director share in) or to set up an additional business as a sole trader? I run a business with my hu… read more
taxadvisor.uk
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after completing my tax spreadsheet for 2010-11 (Ist company
I have started my company Jan 2011, I worked as locum hospital doctor, after completing my tax spreadsheet for 2010-11 (Ist company year) still I have £45000 of bank transfers other than expenses, sal… read more
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hello. if a director is the only employee of a private ltd
hello. if a director is the only employee of a private ltd company. what tax does he pay. does he pay corporation tax on his profits (disallowing his drawings) or should he pay income tax on his drawi… 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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Hi, I am currently operating as a sole trader with gross income
Hi, I am currently operating as a sole trader with gross income around £25,000. As well as that I have a PAYE income of arounf £16,000. I have considered registering my work as a limited company. Am I… read more
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How is it best to show income gained as a company director
How is it best to show income gained as a company director - as directors remuneration? are there any alternatives which would make the amount of tax paid as low as possible?… read more
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I am the director of a non-profit Ltd company, I do the majority
I am the director of a non-profit Ltd company, I do the majority of the work but mainly do this from home and via travel to client sites. I was self -employed before creating the non-profit company. i… read more
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On 1/12/08 we transferred our business into a limited company
On 1/12/08 we transferred our business into a limited company and there was £30K of goodwill transferred to the Limited Co which our accountant advised we could draw tax free (tax paid). Ufortunately … read more
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I am a director and shareholder in a UK ltd company. I have
I am a director and shareholder in a UK ltd company. I have a partner in the business and I wish to extracate myself from the relationship by way of resigning as a director of the company and foregoin… read more
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I am thinking of starting my own limited company( UK) I will
I am thinking of starting my own limited company( UK) I will be the only employee and I am estimating will earn only about 50,000£ B4 tax. Please tell me what my taxes have to be. Do I have to pay NI … read more
Sam
Sam
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I am a self employed contractor, working through an agency
I am a self employed contractor, working through an agency for an engineering company. I work through my own limited company (sole director, sole employee), paying myself a (small) salary and the rest… read more
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