ilrtier1 wrote:If you have a ltd company,
and have say 10k as salary, and say 50k as dividend,
then I thnk ur income for the year is 10+ 50 x 10/9 = 65.55k.
(But confirm with accountants)

Why multiplication with 10/9?

I think you should consider your self as Employed with "B" rather than as self-employed to keep matter simple.

Read:
http://www.hmrc.gov.uk/employment-status/index.htm

Hi all, Just want to update fellow sufferers that I received my replacement BRP card along with my dependent's cards as well. Fortunately all the information on cards is correct. Timline: Application sent by post: 18-Apr-12 Biometric given at post office: 12-May-12 Passport received back: 19-Jul-12 ...

Many thanks! 1. Paylslips: - Should I create paylips myself on letter head and sign them? - Do they need to be stamped as well? Can accountant provide the payslip instead? Accountant will generate the payslip. If they are on a company letterhead they don't need to be signed or stamped.. 2. Dividend ...

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Hello, My T1 extension is due in few months and I have been studying the guidance notes. During initial application I was employed but this time for extension I'll be applying as Director with 100% share in my Ltd. company drawing Pounds 1000.00 per month as Salary and around pounds 50K as dividend ...

Application submitted with dependent: 19-Apr-12
Date of Biometrics at post-office: 09-May-12
Date passport and documents received: waiting
Date BRP card received: waiting

Regards

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@jessica_halida

Thanks Jessica for useful info.

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