Def not required. As long as income was purely PAYE Not true. There are many situations where self assessment is required. E.g. His income is above £50k pa. or had previous underpaid tax through PAYE and in HMRC's option they cannot recover through his current job or he has rental income etc etc. S...
I've been in business for 24 years and never had to update or change my tax records. Why all these folks changing their tax records all of a sudden? Because suddenly they realised that the 'gamble' they took 5 years ago is not worth it. Because of sudden change of hearts by UK Tax payers have now a...
HI HSK, I tried searching for his firm for one good hour but no luck. Although his details appears on ACCA business directory but not his firm's name or number or any of the contact details. His addmission to ACCA is 2011 and no certification held information. he has signed the documents for manage...
Hello Friends, I am very thankful to all for replying to my query. I have checked the ACCA Directory Database, his name does appear on the directory of acca database but on Practising Certificate Details column there is no information about his level of qualifications. I did challenge by asking him...
Yes but my accountant said i am self employed in my own company so he showed the net profit as my profit and have not showed any dividend with drawn or anything like that simple like self employment I never with drawn any dividends etc. I do not what to do.As my accountant said you are self employe...
HMRC / tax notification is a probably not an issue here. The key question is whether the car benefit can be considered as an 'earning' from an immigration perspective. a) what does your employment contract state about your eligibility of the car benefit, and on what basis? b) was the cash equivalen...
Tier 1 general visa was refused based on Section 19 SD because evidence does not meet limited company requirement. AND Plus i cannot claim the company turn over as its companies not mine.I am very amazed that this. Was the case. I submitted my company account showing profit/loss both. GroSs and net...
HI, APPLIED FOR TIER 1 GENERAL EXTENSION ON 22ND JUNE 13 WHILE I AM IN THE UK/ THE REFUSAL LETTER RECEIVED TODAY. I AM QUOTING THE EXACT WORDS "YOU HAVE CLAIMED 20 POINTS FOR PREVIOUS EARNINGS UNDER PARAGRAPH 245CA(C) AND APPENDIX A OF THE IMMIGRATION RULES. YOU HAVE PROVIDED A HMRC P11D EXPENSES A...
For points to be claimed for Self Employed earnings, does the UKBA consider the dates of the invoices or the dates the money was received in the bank account? i.e. Invoice 1 Date: 15/01/2103 Money received in Bank: 26/01/2013 Invoice 2 Date: 23/02/2013 Money received in Bank: 01/04/2013 will the pe...
Hi All, This is regarding my self-employment(sole trader): For my Clients, I raise the invoice on 12th of every month and the money is credit from my Client's business account to my business account on 20th of the same month, so there is a gap of 7 days from the day I raised invoice and got paid fo...
Hi Everyone, I am going for PEO in next couple of weeks for my tier 1 general extension. I have both employed and self employed earnings. Around 95% of my earnings are from employment and around £4000 is from Self Employment. I went to my accountant last week and he has prepared profit and loss, in...
Hi HSK Accountancy Services, Make sure your accountant is not just only qualified but he/she must have a 'practicing licence' from ACCA/ICAEW etc. Best way to make sure that your accountant has a practicing licence is to search on institute's website and see if he/she is registered as a practitione...
UKBA has requested evidence to curb unregulated, unqualified stupids running "accountancy shops". Many applicants are lured by them as they look cheap but in the end get their case complicated..................you do not need accountant's certificate of registration to comply with UKBA requirement....
Dear Friends, I am having PEO appointment at Sheffied in November for ILR. I have one question: Being a Director of a Ltd company, I take salary via dividends and director fees. My accountant has said that according to HMRC, I am classed as employee of my company and will only pay Class 1 National ...
Hi all, I need to apply for Tier 1 Extention, i have my own Limited Company but i do not draw salary from my limited company but take only dividend vouchers. I am director of my company and only share holder of the comany. I also do one part time job as well. I know i got to provide Pay Slips and m...
Dear Friends, Sorry its me again, I checked and yes the Tax Credit on Dividend is 10 % up-till income band £34,370 (for 2012 ) But my question when we show earnings via Dividend do we have to show the Gross Dividend as income ? Or do we have to show the Net Dividend ? So if my Gross Dividend income...
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.
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...
Hi, I am shortly applying for Tier1 first renewal with fulltime employment and self employment salary accounted in. My accountant has given me the letter but has not mentioned her accountant registration no in the document. When asked for, I get a response that none before asked for and thats confi...
[quote="bobby80gh"The good thing is the home office may not be aware of this so you might be fine if even the person who signed the letter does not have a practicing certificate.[/quote] Actually it is the opposite. HO do check if the accountant is fully registered or not. If they cannot confirm the...
I am an accountant and I have successfully signed accountant letters for some clients for their tier 1 visa. I want to know if I can sign my own accountant letter to support my application or i need to get another accountant to sign for me. can senior moderators please comment No you cannot self ce...
Hi There I have Tier1 general visa that will expires on Feb 2013. I've a full time job in UK But i still have to claim 10 points more to secure the extension. I've been working as afreelancer for an overseas company since january. The hourly rate is quoted in a foreign currency and getting transfer...
Many thanks all for your responses, really appreciate it. I'm going to ask for the monthly payslips from them. But, as my current priority is to get my ILR done first and once that's done I can think about Accountant, what are my options just in case they are not able to generate the past months pa...
