Hi there,
I am new to this site. I am contracting under my limited company which was setup in November 2011. I am the only director/employee of my business. Recently I got married aboard and I am looking at the financial requirement of providing evidence to the home office that I make an earning of £18,600. In order to meet this requirement I will need to show my salary and dividends for my last company tax return CT600.
Cut the long story short, in my first year of my company tax return (Nov 2011 to Nov 2012) I had transferred random amounts into my personal savings account on a monthly basis and at some point I ended up having more money into my personal savings account that I got paid dividends and salary. However all my VAT, Corporation tax and Tax on Dividends have been paid for this year. This is because HMRC gives you 9 months after the company tax return year to pay the Company Tax return. So there are no outstanding payments and everything was paid on time. The year after I did not transfer anything to my personal accounts from my Business account. I was given one dividend voucher at the end of the company Tax Return period (nov 2011-nov 2012) but none of the figures seems to match up in my account as I had taken the dividends on a monthly basis and my dividend voucher was given to me at the end of the year. Since I am the only director/ owner of this business is there a way to change/recreate these vouchers to a monthly dividends voucher rather than an annual voucher. If so I would really appreciate some help here.
I am new to this site. I am contracting under my limited company which was setup in November 2011. I am the only director/employee of my business. Recently I got married aboard and I am looking at the financial requirement of providing evidence to the home office that I make an earning of £18,600. In order to meet this requirement I will need to show my salary and dividends for my last company tax return CT600.
Cut the long story short, in my first year of my company tax return (Nov 2011 to Nov 2012) I had transferred random amounts into my personal savings account on a monthly basis and at some point I ended up having more money into my personal savings account that I got paid dividends and salary. However all my VAT, Corporation tax and Tax on Dividends have been paid for this year. This is because HMRC gives you 9 months after the company tax return year to pay the Company Tax return. So there are no outstanding payments and everything was paid on time. The year after I did not transfer anything to my personal accounts from my Business account. I was given one dividend voucher at the end of the company Tax Return period (nov 2011-nov 2012) but none of the figures seems to match up in my account as I had taken the dividends on a monthly basis and my dividend voucher was given to me at the end of the year. Since I am the only director/ owner of this business is there a way to change/recreate these vouchers to a monthly dividends voucher rather than an annual voucher. If so I would really appreciate some help here.
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