Recent content by johnsmith

  1. J

    Another Company Car Question- difficult times

    thanks EmployEasily HR Services, it's just that, n the past I have got suggestions from this forum which has been very useful and was able to take it to my accountant to action a few plans which we, (def. me) would have never incorporated if I never took them to him. hope u understand
  2. J

    Another Company Car Question- difficult times

    Hi guys, I'm the director of a one man Ltd Company and use my private car for all the biz trips. In the past 2 years, i have done approximately 12k miles out of which 10k is solely for Biz purposes only. the other trips has had dual purposes e.g. going to the bank( for the biz) but picking up...
  3. J

    Dividends vs Salary- Ltd Comp Closing down

    Hi guys, Needed some advice. Ltd Company Director. Company in Profits right now. As I'm planning to relocate abroad (for personal reasons) in 18-24 months, I was wondering which would be more beneficial Company has a profit of around 25k after tax in the business account right now...
  4. J

    Childcare Vouchers for Ltd Company

    any idea what i shd include in a childcare request letter. i understand it would look more official to have it in the company letter head and have the employees names and the child's name with D.O.B anything else anyone can suggest thanks in advance
  5. J

    Childcare Vouchers for Ltd Company

    thanks malcolmcoles, I may not need any personal hours. I could use my plus my spouses( who's the Comp. Sec.) and use 243+ 243= 486/ month as we are only sending our daughter for a couple of hours for a start. So from what you have mentioned, I could put on the Director of the Company...
  6. J

    Childcare Vouchers for Ltd Company

    what abt when the company pays the childcare provider by Direct Debit- will that be cnsider legal then?
  7. J

    Childcare Vouchers for Ltd Company

    frauke and malcolmcoles - thanks for the reply and links. i have read through the links provided. have another question now is it possible for just paying the childcare provider - by direct debit from the personal account and then take it out as an expense from the Companies Bus. Acoount...
  8. J

    Childcare Vouchers for Ltd Company

    quite new to all this, hope someone will be able to help i'm the only director of a Ltd Company, my wife is the Secretary. we are the only 2 employers of the Ltd Company so far. We have a a daughter planning to send her to nursery soon. thinking abt getting the childcare vouchers to pay...
  9. J

    Company car or not?

    thanks Nicola, and Geoff for the efforts sorry abt coming back late, long day the fuel type is diesel. not sure how that would make a difference. could you pls enlist the difference between diesel/petrol/hybid for the same value and Co2 values. any link to a website which enlist how...
  10. J

    Company car or not?

    hi guys, need some advice struggling to make a decision. Ltd company which is running fairly well. not VAT registered. currently use my own car for bus. trips. doing around 10,000 miles for bus. and 2000 for personal use. i take 40 p /mile for the bus. miles. i'm a lower tax payer...
  11. J

    have I crossed the 40% higher tax threshold

    thanks again, My current accountant is kinda novice into the kind of trade which I'm in. So there are times when I have to call up & suggest the best way -and then agree on a plan. I had taken the salary + dividend in agreement with the accountant who also knew about the income from the...
  12. J

    have I crossed the 40% higher tax threshold

    thanks Groovy Train and Jenni384, My other problem is that I would have an estimate of approx 750 - other additional income- from savings -for the 2008-09 period. so this along with the dividends and salaries, will take me above the 40% threshold. Can I now do the necessary adjustments...
  13. J

    have I crossed the 40% higher tax threshold

    Thanks UKSBD, Just wanted to add that my Tax Code is 713L for 2008-09, if that would make any difference to the calculations
  14. J

    have I crossed the 40% higher tax threshold

    Even though I had joined this forum some time back, never had a chance a ask for some advice. So here we go, I'm a sole-director working through a Ltd Company and have taken ( for 2008-09) £ 6000 as salary (between April 08 - March 09) £10,000 as dividend 1 (plus 10% tax credits)...
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