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Can I only submit corporate returns ?

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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PolashAmin
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Posts: 1
Joined: Sat Nov 04, 2006 7:12 am

Can I only submit corporate returns ?

Post by PolashAmin » Sat Nov 04, 2006 8:49 am

Hello there,

It’s an exciting opportunity for me to join in a family with over 13000 members. I’ve always liked responses from root, john, Jhonny Ecuador, sush, kayalami, and many more. However, though I’d visited this site for quite a long time, I would like to ask few questions for the very first time, which are as follows:

a. My company is exempt from paying corporate tax for five years. So, the company does not have to pay tax, but the company has got Income return signed from Tax office. Since, I own 20% of the company share, and the earning is enough to claim points can I only submit corporate returns without submitting my personal returns ?

b. As one of the five directors of a Group of companies (having 9 pvt. Limited companies) I draw remunerations as a director of the group but not against any particular company; so it is not mentioned in the audited account of any company. Can I show this earning ?

c. Substantial experience in running nine (pvt) limited company, and taking the employee numbers from few hundreds to over 6500 - would it be considered as a significant achievement, as the company has contributed to create job for 6500 workers, and for nearly 35000 family members in a country with high unemployment rate ?

I would be mostly grateful to have your wise opinions.

Best wishes

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