Recent content by taro211

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    Tax advice on 10k/yr side business

    Thanks all, sounds like I need an accountant. Any advice on how to find a good one that suits my needs and charges a fair price?
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    Tax advice on 10k/yr side business

    Interesting - wasn’t aware of that. I’ve already paid some of the income from my business account into my personal account, would that cause any issues if I did want to go down the limited route? Also, I recall seeing on another post that accountants fees for a ltd company are about 1k a yr, is...
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    Tax advice on 10k/yr side business

    Hi all, Looking for some tax advice please. I’m a higher rate tax earner and this year a side project I’ve been running will likely end up making about 10k/yr profit. It started making money >1k in this tax yr so I haven’t registered a business for it yet, but I plan to do so imminently. One...
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    Unpaid salary from time at a startup

    So from my perspective that means if they don't pursue it they'll never become insolvent and therefore i'll never be able to claim any compensation back for lost wages? By the way, I contacted HMRC about the situation, they said that as the payments were reported as being made the best way to...
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    Unpaid salary from time at a startup

    Zero assets, but would HMRC know that? Would they not just follow a process?
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    Unpaid salary from time at a startup

    Apparently they owe HMRC about £10k, is that enough to have them force liquidation?
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    Unpaid salary from time at a startup

    Not sure, i'll find out. If HMRC don't pursue is there any way for me to force the issue without expensive legal proceedings? Thanks, I have submitted an incorrect tax payment submission online to them, but maybe i'm better off calling them given the issue.
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    Unpaid salary from time at a startup

    Oh I will, but one hasn't been appointed yet as they're not as of yet insolvent, they need to be made insolvent by a creditor forcing them to do so, which they said is likely to happen shortly as HMRC are knocking on the door looking for payment.
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    Unpaid salary from time at a startup

    How would I check this?
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    Unpaid salary from time at a startup

    Yes, I have payslips and HMRC were reported that I was paid. I assume this was done because there was never a doubt in their mind that that would pay me, it only now turns out that it's no longer the case of course. I checked today with the redundancy service and they disagreed around this...
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    Unpaid salary from time at a startup

    Of course, but at the end of January it was just a very slight delay in payment, in Feb it was an issue and they were full of apologies, in march everyone was getting nervous and I was even taken to the investors house to meet him in person for assurance that it would all be OK and my April I...
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    Unpaid salary from time at a startup

    Oh right, I didn't realise. Is there any protection or compensation available for cases like this? Is there a body I should speak to for advice?
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    Unpaid salary from time at a startup

    Hi, I worked with an early stage startup from December 2016 to May 2017, and while I was paid for December, Januarys payment was late, as was the next month, and I soon realised I needed to get out of there in May, short 5 months salary (due to some complications with their funding). I...
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