View Profile: luxCon - Contractor UK Bulletin Board

19th January 2021, 13:59

luxCon replied to a thread HMRC Disguised Remuneration Repayment Scheme in HMRC Scheme Enquiries

If you already paid 25K APN on a 50K loan then I would have thought any outstanding settlement amount will be low, with very little interest. What...

9 replies | 949 view(s)

15th January 2021, 15:06

luxCon replied to a thread TAAR - Condition C - Trading before the first distribution in Accounting / Legal

Oh, so these people who reply back are professionals?? It wasn't very clear this is a Professional only forum, maybe mods can edit the title. So...

25 replies | 979 view(s)

15th January 2021, 14:48

luxCon replied to a thread TAAR - Condition C - Trading before the first distribution in Accounting / Legal

If you care to read the post properly I qualified my comment with a "... the way I understand it is the difference..." I did not present it as a...

25 replies | 979 view(s)

15th January 2021, 11:36

luxCon replied to a thread MVL - entrepreneurs relief and starting new LTD Company in Accounting / Legal

As with Exhibit A it was said in jest but clearly the gel in some contributor's head is set too hard to get it As for B, I am happy to be...

29 replies | 1362 view(s)

15th January 2021, 10:02

luxCon replied to a thread MVL - entrepreneurs relief and starting new LTD Company in Accounting / Legal

What income tax?? Could you please be clear. A little information is far worse than no information The worse case scenario the way I understand it...

29 replies | 1362 view(s)

15th January 2021, 09:57

luxCon replied to a thread TAAR - Condition C - Trading before the first distribution in Accounting / Legal

There are definitely a handful of individuals on here do pass on opinion and advice as facts without knowing what they are talking about. In...

25 replies | 979 view(s)

13th January 2021, 10:54

luxCon replied to a thread Self Assessment Capital Gain Exemption in Accounting / Legal

He's talking about £8064 capital. So the liability on this is £806 if he chooses to contract. There is sometimes too much doom and gloom on these...

8 replies | 486 view(s)

12th January 2021, 21:30

luxCon replied to a thread MVL - entrepreneurs relief and starting new LTD Company in Accounting / Legal

Northernlad, you seem to know everything. What if I collected all the invoices, and sent them all a day after the 2 years?? Wil that do the trick?

29 replies | 1362 view(s)

12th January 2021, 16:57

luxCon replied to a thread MVL - entrepreneurs relief and starting new LTD Company in Accounting / Legal

I do not control my own wind in the house. HMRC can see that my wife is in total control of my life and everything I'm allowed to do.

29 replies | 1362 view(s)

12th January 2021, 16:53

luxCon replied to a thread MVL - entrepreneurs relief and starting new LTD Company in Accounting / Legal

Ok, When I say forced I mean it was the option between going PAYE or not having any income. The client turned the contract in to inside overnight,...

29 replies | 1362 view(s)

12th January 2021, 16:13

luxCon started a thread MVL - entrepreneurs relief and starting new LTD Company in Accounting / Legal

Apologies if this has already been covered on an earlier thread, but circumstances are slightly different. I am currently in the process of MVL,...

29 replies | 1362 view(s)

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14th January 2021

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