This is a great video. Got me though my return, adn Im rubbish at this sort of stuff. BUT I clicked 'Yes' on the 'rent a room' thing, which I believe makes rental income under £7k tax free. Tet the figure appears taxed in my tax calculation. Any ideas? Thanks
Hi how would u fill my return out of I was self employed then mid way through the year we became a Ltd company and I was a director and 50% share holder
thnaks mate i have small cleaning busiess all my company revenue last year less than 20,000 and i take that money as divident i dont have paye reference number i cant complete self assessment please give advice
You really need to have an accountant involved with a limited company. Do you run payroll? If not then you might not have a PAYE number and therefore wouldn't fill in the 'employment' section of Self Assessment. But check with your accountant.
Hi i have a public sector job and am also a limited company director with my wife as shareholder. I do not take any salary from the company so I do not have P60 or paye reference no. My question is when I am filling self assessment and I want to claim expenses like mileage etc how can I do that? Without filling the PAYE reference the form runs into error and I cant complete self assessment. Thanks in advance Ash
You're probably best checking with your accountant when you get your company accounts prepared. I've seen some accountants add mileage and other expenses to the directors loan account and repay themselves from there, so it never hits self assessment. I think there's a few ways of handling this depending on personal circumstances though. 👍
Could you do a CT return step by step next please?!!!
You’d be the 1st one on youtube to do it 🙏
Thanks mate, incredibly helpful
Thank you!
Thank you very much for the video, I have a company where I am the director and the only one working, is the tax return that I have to do? Thanks
This is a great video. Got me though my return, adn Im rubbish at this sort of stuff. BUT I clicked 'Yes' on the 'rent a room' thing, which I believe makes rental income under £7k tax free. Tet the figure appears taxed in my tax calculation. Any ideas? Thanks
❤thanks
can i do this anytime? and what if I have receipts from 3 years okay?
People always say "find a 'good' accountant" but they never tell you how to.
So true
right!
Hi how would u fill my return out of I was self employed then mid way through the year we became a Ltd company and I was a director and 50% share holder
thnaks mate
i have small cleaning busiess all my company revenue last year less than 20,000 and i take that money as divident i dont have paye reference number i cant complete self assessment please give advice
You really need to have an accountant involved with a limited company. Do you run payroll? If not then you might not have a PAYE number and therefore wouldn't fill in the 'employment' section of Self Assessment. But check with your accountant.
Hi i have a public sector job and am also a limited company director with my wife as shareholder. I do not take any salary from the company so I do not have P60 or paye reference no. My question is when I am filling self assessment and I want to claim expenses like mileage etc how can I do that? Without filling the PAYE reference the form runs into error and I cant complete self assessment.
Thanks in advance
Ash
You're probably best checking with your accountant when you get your company accounts prepared. I've seen some accountants add mileage and other expenses to the directors loan account and repay themselves from there, so it never hits self assessment. I think there's a few ways of handling this depending on personal circumstances though. 👍
Do I have to do this as the director of my limited company, even if I didn't make any earnings via this?