Recent content by RTI-man

  1. R

    Call Answering/ Forwarding application

    Thanks a lot, I don't suppose there's any way to see both is there? ie calling Line & Called Line? (I just want it all!). I can safely say though that your solution more than meets my basic requirements. Thank you
  2. R

    Call Answering/ Forwarding application

    Thank you, I've signed up for a trial and all seems rather good however I can't seem to find how to see who the caller is ringing ie if I have 5 clients and the phone rings, how do I see which client they're calling? Other than that, this looks ideal and quite a bit lower cost than I expected.
  3. R

    Call Answering/ Forwarding application

    im looking into a new Business idea which is basically a virtual receptionist for a specific client base, the main part of the business would be taking calls, making bookings etc while the client is unavailable. to do this however I'm having problems finding the relevant software/hardware and am...
  4. R

    Tax year

    As someone who is currently struggling over the concepts and calculations around overlap periods Id back up what David has said, just keep things as simple as possible.
  5. R

    Transfering 50% (50 shares) to my parnter.

    I'm not an accountant or a businessman but I do have plenty experience in relationships and I'd say that a 50/50 split is incredibly dangerous. Nobody knows what the future holds.
  6. R

    How do i pay myself while self employed

    The wage would be coming out of profits though therefore if you decide to pay £500 per week into your personal bank account as wages then, as Simon said, you should also pay about £170 into a separate account to cover tax etc.
  7. R

    RTI

    Firstly, which software are you using? I assume HMRCs Basic PAYE tools? However "entering the date and pay before hitting Submit" isn't my recollection of how that works. Are you getting an error code or message displayed? Have you checked your emails for any confirmation/rejection? Can...
  8. R

    How to arrange pay and tax for small business

    Told you it was likely to be rubbish ;)
  9. R

    How to arrange pay and tax for small business

    All the following may be rubbish as its not my area of expertise but my basic understanding of a company is: The company will be liable for Corporation Tax on any profits, then the Directors split the profit accordingly and pay their own tax on that...
  10. R

    Salary related question.

    "Technically" it is incorrect as the 2 dates are in different tax months ie you reported the payment as Month 1 but actually paid in Month 2. As it is, I won't say anything if you don't! The payment was below the thresholds so no tax or NI implication and I assume any future payments will be...
  11. R

    Sage and RTI

    Yes, All of the main values (such as Pay, tax, Student Loans & NI) are Year to Date therefore they should generally increase each period. At least that's what should be reported on the FPS file. If you're talking about the amount you owe HMRC for the month or how much to deduct from employees...
  12. R

    Changing Year End Date - Help Please

    https://www.gov.uk/change-your-companys-year-end
  13. R

    Tax office have no record of husbands employment!?

    Although the employer doesn't seem to be much use in not giving payslips there's nothing here to say they're acting fraudulently. If the tax office doesn't have a record of employment then there's 3 possible reasons. 1. Employer hasn't bothered sending one and therefore COULD be committing...
  14. R

    PAYE? Should I be registered

    Apologies Tom I didn't make my original post very clear, what I meant was as there were no payments due then they haven't failed to pay on time etc. I think the fact the scheme hasn't been registered yet MAY help as far as the late filing penalty is concerned. If you are fined though then I'd...
  15. R

    PAYE? Should I be registered

    I assume there wasnt any tax payable from these payments? If not, then, in my (non legal) mind the only thing youve done wrong is not yet file your EOY Return for last year, the fact you're not yet set up as a PAYE scheme may save you. Goto https://online.hmrc.gov.uk/registration/options to register
See more
Top Bottom
Community
Articles
Menu