Archived UK Tier 1 (General) points system forum. This route no longer exists.
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nsuk
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by nsuk » Fri Jun 01, 2012 2:52 pm
Dear friends
I am a director of my own limited company(100% shares), and I am drawing salary+dividends(together) as my net income into my personal bank account from my business bank account every month. I am submitting the following as proof of my income:
1. Salary slips+ dividend vouchers(12) corroborating the net income going into my account i.e. Net salary(Gross - PAYE/NI)+ Dividend(Gross Profit -Corporation tax) signed and stamped by me(the director) and countersigned by the accountant.
2. Personal bank account statements-12
3. Business bank account statements-12
4. HMRC tax receipt for salary(PAYE+NI)
5. HMRC tax receipt for dividend(corporation tax)
6. Letter from accountant confirming the genuineness of all the documents.
Friends kindly throw some light on any discrepancy. Also any good suggestion would be highly appreciated.
Many Thanks
NSUK
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nsuk
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by nsuk » Sat Jun 02, 2012 12:59 am
Any replies friends??
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geriatrix
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by geriatrix » Wed Jun 13, 2012 11:11 pm
nsuk wrote:Dear friends
I am drawing salary+dividend in one transaction every month but the salary slips and dividend vouchers are different though the total is same. My accountant says doesn't matter. but I want to be sure.
Kindly any help
Life isn't fair, but you can be!
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geriatrix
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by geriatrix » Wed Jun 13, 2012 11:13 pm
nsuk wrote:Dear friends
I am drawing salary+dividend in one transaction every month but the salary slips and dividend vouchers are different though the total is same. My accountant says doesn't matter. but I want to be sure.
Kindly any help
Not an issue. If worried, explain in a covering letter.
Life isn't fair, but you can be!
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geriatrix
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by geriatrix » Wed Jun 13, 2012 11:14 pm
nsuk wrote: Also any good suggestion would be highly appreciated.
Searching for information already available in the forum may get you your answers sooner.
Life isn't fair, but you can be!
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nsuk
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by nsuk » Wed Jun 13, 2012 11:43 pm
Many Thanks for reply. Also if u can help how I can find out ACCA membership of my accountant.
Thanks again.
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nsuk
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by nsuk » Mon Jun 18, 2012 5:42 pm
Do you have any answer to the questions?
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geriatrix
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by geriatrix » Mon Jun 18, 2012 5:47 pm
Please keep your queries about a topic
consolidated under one topic ... rather than cluttering the forum with a new topic for every question that you have regarding the
same subject / application.
Please read
this topic carefully.
Attitude will only put people off!
Last edited by
geriatrix on Mon Jun 18, 2012 5:53 pm, edited 1 time in total.
Life isn't fair, but you can be!
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nsuk
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by nsuk » Mon Jun 18, 2012 5:51 pm
Can Moderators/Seniors/Gurus help me on this.
1. Should I use net or gross amount for calculating my points with dividend vouchers.
2. My dividend vouchers are formal but on plain paper and stamped. Should they be on Company letterhead.
Reasonable help will be highly appreciated.
Thanks.
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rajesh9pl
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by rajesh9pl » Mon Jun 18, 2012 9:51 pm
nsuk wrote:Can Moderators/Seniors/Gurus help me on this.
1. Should I use net or gross amount for calculating my points with dividend vouchers.
Gross
2. My dividend vouchers are formal but on plain paper and stamped. Should they be on Company letterhead.
I think you should be fine. For my extension, I had designed a simple letterhead using MS Word and printed all my vouchers on them.
Reasonable help will be highly appreciated.
Thanks.
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nsuk
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by nsuk » Mon Jun 18, 2012 11:49 pm
Thanks dear friend. May God bless you.