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How do you suggest that we should do it?
Here's an example of how we have worked for the year...
- We DJ.
- We invoice from the LLP.
(we actually divide up the money on the night that we work (not keep it in a company account) but we keep a record so that we know how much we have invoiced...
I'm not sure. LOL. We started the company in the hope of growing and supplying DJs to various bars. We thought it would be simple. We would invoice the venue (eg. £150), the dj would invoice us (eg. £100), we would invoice the company at the end of the year for the commission thats left over...
Yes. But last year we invoiced the LLP for our individual amounts of work that we did, and left the LLP balance as £0, and filed that in our return and accounts. We then put through self employment as the amount that we earnt, and the company profits as £0.
So how would I write it on my self assessment return?
- What do I put for 'self employed earnings'?
- What do I put for 'my share of the partnership profits'?
Surely I don't put down £18000 for both do I?
Am I correct in thinking...
- We both invoice the company for the amount that we earned.
- I put through the £18000 as employed by the company on my Self employed return.
- My partner puts through the £9000 as employed by the company on his Self employed return.
- We put 0 as the profits...
Hi all. Lat me briefly explain thebackground.
I and a friend started a Limited Liability Partnership. We are both DJs and planned to supply DJs to places but for the last year, it has just been us two. We have been working and giving the places our Company invoices.
Here comes the part that...
Hi. Was wondering if anyone could offer me some advice on the type of company that I should incorporate.
I offer webdesign, an entertainment agency, design and print and sound and ligh installation/maintanence.
I want a company that will include all of those services so that I can issue just...
Think big...lol... I like it.
How about.... SURE INC LOL.
Im gonna do some checks on those two names, thanks guys.
Any more still out there?, Id like to hear them.
thanks.
Steve.
Hi. I want to register a companie that will consolidate the 4 services that I offer. The individual sections are entertainment, web design, sound and light installation and design and print.
I want the word SURE to be a part of it, and I have already tried Sure Group, but it is already in...
When you dissolve an LLP using an LLP652a form, are you then unable to start or be director/partner of another company for any period of time? Like a ban?
(It would be voluntary dissolution, not forced)
Thanks.
Steve.
I am one of the two partners in an LLP. Neither me nor my partner knew that we had to send a set of accounts to companies house every year and have such forth been lumped with a £1000 fine. They said that we wouldn't have to pay the fine if we wound up the company. (in my eyes it wouldn't be too...
With regards to the fines... does anyone else think that what they do/have done to me is unfair?
They don't send the fine for £100 (3 months late), nor £250 (6 months late) or £500 (1year late) but they wait until its over 1 year before contacting you so its up to £1000. Doesnt that seem...