From: Peter Saxton
Newsgroups: uk.finance
Subject: Re: Simple salary - minimum required paperwork?
Date: Wed, 14 Jan 2004 10:49:06 +0000
On Wed, 14 Jan 2004 10:21:35 +0000, sunny edinburgh
wrote:
>In article , Peter Saxton
> wrote:
>
>> Your salaries details for 2002-2003 should have been declared months
>> ago!
>>=20
>> I don't understand how you mean that tax details have already been
>> lodged with "IRD" (Inland Revenue?) yet you also say that the salaries
>> were not decided until recently.
>
>Thank you Peter for your thoughts.
>
>Instead of "decided upon" I should have written "realised"! There is no
>concealment going on here.
>
>Yes IRD=3DInland Revenue.
>
>Both directors have been through the 02-03 year with IR so these
>salaries would be a revision of the current tax position for that year.
>
>SE
Given the circumstances I would suggest you should give up on
2002-2003 now and review your directors' tax positions and make a
decision for 2003-2004 before the end of the tax year.
--=20
Peter Saxton from London
peter@petersaxton.co.uk
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