Recent content by Daryl89

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    Accountant needed to close Ltd company

    thanks, The business only started in feb and my first year doesn’t end until Feb 2020, but as the business isn’t trading now can I submit my accounts via FreeAgent and then request the closure or should I wait until February to submit the accounts and then close?
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    Accountant needed to close Ltd company

    The company has no debts, it took on maybe 7 jobs, paid in full for materials and was paid by customers. No credit used and none outstanding. I believe the business will likely break even or maybe a small loss (£50-100) for the time trading
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    Accountant needed to close Ltd company

    Hi all, I need an accountant to submit my accounts and close a ltd company that hasn’t been trading for a few months, it only started in February of this year but circumstances changed and it’s no longer viable, only a handful of transactions and all logged on FreeAgent. inbox me with some...
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    Paying an employee via PAYE on sole trader business

    Thanks, yes it’s only one employee and set salary so should be super simple. I checked the form I had and no logon details just the reference numbers. By logon do you mean the UTR and password used to access government gateway for the business?
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    Paying an employee via PAYE on sole trader business

    Thanks, I received the letter from HMRC with some details on it, I’ll double check this to see if it has the login details. As far as the accounting software goes, I don’t currently use any for the sole trader business so may have to look into this. The FreeAgent software I have access to is for...
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    Paying an employee via PAYE on sole trader business

    Hi all, I have recently entered full time work, as a result I’ll be utilising my wife to run my sole trader business while I’m working. I have registered for paye and received the letter confirming this from hmrc, how do I begin paying her and how do I report this to hmrc? On my old limited...
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    Closing a limited company help

    Hi all, I have a small limited company that I now no longer need as I’ll be going back into employed work. I need some help with what I need to do, the business was in building work and only completed around 15 jobs and has no assets. The business currently has one employee who completed...
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    Sole trader register for PAYE

    Thanks for that, when I go to register after following that link I always end up back on the section where it asks if my business has directors or partners. There is no other option other than to select one of those. It’s a sole trader business with just me so no director or partners
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    Sole trader register for PAYE

    Hi all, I run a sole trader business and want to start paying a part time employee. I need to register for PAYE as it will be over the £118 pw limit. How do you register for paye on a sole trader business? I started the process on the .gov website but it asked if there were directors or...
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    PAYE for 2 part time roles

    No, the scenario is that my father in law has a Ltd company, he has someone that helps him part time and is very good and I could use some similar help and considered taking him on for a day a week.
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    PAYE for 2 part time roles

    Thanks, and then I assume that if he has over paid tax he would be due a rebate at the end of the year?
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    PAYE for 2 part time roles

    Hi all! I have a question that I hope you will be able to help me with! I’m looking to take on someone to help with admin and online aspects of my business. In the below scenario I am company B and am wondering if I need to be PAYE registered to pay him below the LEL. Here is the scenario...
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    Looking for limited company accountant!

    Hi all; I’m looking for a limited company accountant to complete my corporation tax return and 2 x personal tax returns (one for my wife which will be purely for dividend payments) I’ll need help and advice at the beginning, ideally someone who can provide tailored advice and not just links...
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    Self employed or not!

    Thank you, that case is an interesting read. I have thought about different share classes but will need to look into this. I think I’ll email my accountant with a few queries and hopefully he will be able to advise me.
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    Self employed or not!

    That’s great! Those are her circumstances, no other income and this is her only role, I am paying her £719 per month. The first payment being tomorrow. Is the benefit of the increased dividends over the £2000 tax free amount that we will only have to pay 7.5% dividend tax. If I pay her £5372...
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