Need professional advice

Discussion in 'Accounts & Finance' started by Howcanidoit, Feb 7, 2018.

  1. Howcanidoit

    Howcanidoit UKBF Newcomer Free Member

    2 1
    The UK registered company has 2 directors and 2 shareholders (same people) 50%-50%
    One of them provided a service for this company but as a sole trader. Can he invoice the company where he has 50% shares.
    Additional information: as I mentioned above he has UK company but physically based in Czech Republic and he has registration as a sole trader there. Thank you in advance)))
     
    Posted: Feb 7, 2018 By: Howcanidoit Member since: Feb 7, 2018
    #1
  2. KAC

    KAC UKBF Enthusiast Free Member

    953 213
    What service did he provide?
     
    Posted: Feb 7, 2018 By: KAC Member since: May 7, 2017
    #2
  3. Howcanidoit

    Howcanidoit UKBF Newcomer Free Member

    2 1
    Programming (IT)
     
    Posted: Feb 8, 2018 By: Howcanidoit Member since: Feb 7, 2018
    #3
  4. ethical PR

    ethical PR UKBF Legend Free Member

    6,847 1,494
    Why doesn't the UK company just pay him a wage/dividends? Your accountant however would be best placed to advise you on how you structure this.
     
    Posted: Feb 8, 2018 By: ethical PR Member since: Apr 19, 2009
    #4
  5. @aiteoconsulting

    @aiteoconsulting UKBF Regular Full Member

    399 98
    Posted: Feb 8, 2018 By: @aiteoconsulting Member since: Sep 15, 2015
    #5