Hello Members, I am applying my extension in early next year. Currently I am earning from full time employment, 2nd, Running a service busines and 3rd Running a covenience store. My full time semployment and running service business may give suffice earning for my extension. Do I need to declare my ...
yes , you can show multiple sources income, in your case 100% + 75% dividends from 2 LTD companies, and earnings from employment. Read the ukba guidelines for more information in terms of the documents you will need. Thank Scorpio, Thank you very much for your instant response. If so, Do need to ...
Guys, I'm extending my Visa in next year. I run a consultancy business through a limited company where I'm a sole director and declare 100% dividend. Also run a convenience store though a Limited company where I own 75% director and eligible to get 75% as a dividend. At the same time, I work in this ...
Hi Raj, Congratulation for your success in ILR. I've a quick question, you mentioned that CW asked for 5 years P60. As far as I heard, we need to submit P60 or other documents for only lasr 12 months. Is it important to have 05 years P60. and also if my income level fluctuated over these 05 years ...
You can't do like that. Ho will be expecting from you that you have econmically active in last 12 months. For example, if you earn in YR 2000 and retained the profit for 10 years and you can't claim in YR 2010 that you're economically active in 2010.
Since you draw salary from the company, you're supposed to pay class 1 NI. If he runs your pay through a payroll software and says not necessary, then, it's fine. By the way when you're applying?
Have seen quite a few post recently on people getting requests from UKBA during their applications to produce evidence of paying Class 2 NI even though they're not registered with HMRC as "self-employed" or "sole trader" and hence should not have to pay. A friend of mine who's a director of his own ...
From What you say, I can understand that your accountant is not eperiensed in some area. I would advise to change the accountant immeadiately. I can advise you some good accountants.
I have a question on your Class 2 documents. Since you're running a limited company, why do you pay Class 2 NI?. Did you get an advise from your accountant?
Congratulations for your extension. I am running my own limited company and drawing dividend on a quarterly basis. I would really appreciate if you could send me a sample dividend voucher template which I can use for my extension. Thank you very much in advance.
Have seen quite a few post recently on people getting requests from UKBA during their applications to produce evidence of paying Class 2 NI even though they're not registered with HMRC as "self-employed" or "sole trader" and hence should not have to pay. A friend of mine who's a director of his own ...
As far as Tax point of view, You don't need to pay class 2 NI for Limited company. but, Since you get dividend as your other source of income, You should register and file your self Assessment return.
