By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
thanks for the feedback :), i'll get myself set up & familiar with the screens etc. so at least i've got an idea of what i'm talking about when i present it to our employees later this month. will double what i have to do for paye each week, but seeing as that's only about 5 mins, shouldn't...
just looking for some feedback from anyone using NEST, how easy to use etc.?
very small ltd co., 2 directors who will be opting out & 2 employees paid weekly who will possibly be contributing (for the last year they've told me that they'd be opting out, but now the time to set up comes around...
fully aware thanks & all in hand
i've probably worded it wrong, tax & ni due through paye, but no additional tax on personal tax return? there's very little additional income to take into consideration, perhaps £200 in bank/savings interest (but we can now have £1000 interest before any tax)...
i know this has been discussed here & there but i couldn't find another active thread on this, please merge if there is one.
SME with less than 5 employees (inc. 2 directors, basic tax code 1100L), we'll still get the employment allowance, £3000 this new year, but i'm pondering on our director...
good that your CT/VAT has been accounted for, but if that's the extent of your accountant's 'tax planning', think i'd be looking for a new accountant ;)
i've found that too, just a shame thet they didn't actually know what they were talking about & advised me to do something that was completely wrong & took numerous further phone calls/letters to HMRC & 18 months to sort out! :confused:
so on the flip side of this, our returns have shown year upon year that we don't have any other income that is untaxed (we never will have), why do we still have to complete returns? be gentle with me if this is a really stupid question?! :D
i'm with Bob! i've only been back on the forum a few short weeks & i've seen so many of this type of post - "i've spent all the Company money, owe tax/vat, overdrawn DLA etc etc." ....taking the pip a bit when we're still trying to keep a business going on a daily basis, all above board & paying...