Recent content by jimbob11

  1. J

    Job Support Scheme for Directors

    Hi all. As a director of a company i have been receiving low wages and dividends to top my wages up. However due to COVID-19 i haven’t been getting much dividends. Question is can I increase my wage to cover this and claim 80% from the Furlough scheme to help us me survive basically. ? Any...
  2. J

    Limited Company Back to Sole Trader ? Need more wages

    non of that applies. I am a director with a contract in place on PAYE payroll.
  3. J

    Limited Company Back to Sole Trader ? Need more wages

    I am enrolled on PAYE and been told I do if i go over 10,000. Rules changed?? I dont know how much it will cost. I cant deal with the headache
  4. J

    Limited Company Back to Sole Trader ? Need more wages

    no staff just me. anyone know anything about dividends? since 2011 the company made around 3000 profit per year. but i didnt do anything with it? didnt take it as dividends.... Can I take the profit now if i have the money in the bank ?
  5. J

    Limited Company Back to Sole Trader ? Need more wages

    i want to avoid the auto enrolment for a pension i dont think the business could afford that part of it
  6. J

    Limited Company Back to Sole Trader ? Need more wages

    I need to take another £500 out per month, I dont know what to do for the best. It does make profit etc. Sorry i didnt explain correctly. How would you take out the cash? Being Ltd is no longer viable i think ?
  7. J

    Limited Company Back to Sole Trader ? Need more wages

    Hi All. I have a question. My companys a limited company, I am a director and a employee on PAYE. I had a wife living with me and a family of 3 children. I paid my self the minimum wage I could afford from the business. Business doesnt make a fortune, no profit hardly. Since the family moved...
  8. J

    Personal Bankruptcy Question Ltd Company

    hi thanks for that, ok I have now sent back the questionare to defend my claim, and change the court to my local one... Will they bring the signed papers with them? Then I will know.. ? to court I mean..
  9. J

    Personal Bankruptcy Question Ltd Company

    hi, ok its complicated. Any how. One of the banks Back in 2009/09 when the credit crunch really hit, my company (ltd) needed a loan asap. The bank told me to get one with each bank account I held, one personal and one ltd.. I paid one off but the other I couldnt. Now i dont know which one I paid...
  10. J

    Personal Bankruptcy Question Ltd Company

    hi thanks for that, my wife will be the director, but what about my £11 shares I own, can they take them then effectivly own the company.?
  11. J

    Personal Bankruptcy Question Ltd Company

    Hello, its seems I may have to bankrupt due to a business loan that they think was in my name. Anyhow I have a company that’s not making money really just paying me a minimum wage. It has no real assets and I works from home (rented) I have no assets at all. I am being taken to court for a CCJ...
  12. J

    Community Introductions & Networking [no links please]

    hi, i am one of the admins for the new cumbria soicial network www.cumbria.pw hi to everyone in the forum
  13. J

    Social Network in Cumbria

    anyone seen the new social business network for cumbria?
  14. J

    Year End Advice

    why on self assesment? been quoted £500 plus vat for accounts. I have done all my accounts on quickbooks and done bank reks every time i get a statment. all up to date., what do people charge on here?
  15. J

    Year End Advice

    well at the moment i am very quiet! and probably have 4 days out of 5 to learn
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