To-do: Difference between revisions

From The Dreaming
Jump to navigation Jump to search
m Drawing a salary from noctam: Formatting and maths
m Drawing dividends: Kinda redundant section
Line 25: Line 25:


=== Drawing dividends ===
=== Drawing dividends ===
See above


=== Recording foreign payments (vat, currency translation etc) ===
=== Recording foreign payments (vat, currency translation etc) ===

Revision as of 07:23, 5 June 2019

A page detailing the things that I need to do... I'll put something more formal together later.

Things I might have to do something with:

Financey stuff

04/06/2019: From meeting with Rachel Rigby @ Accountants:

Drawing a salary from noctam

Salary : £8632 pa - standing order Dividends: 7.5% - accountants will prepare dividend vouchers/directors minutes/etc Or ring up and prepare isolated dividend stuff

Thresholds First £2000 - 0% tax 2000-48000(-8632) i.e. 2000-39368: 7.5% Beyond that: 32.5%

Basically, it's a discount on income tax.

On Sage: "Directors Remuneration": Directors Salary "Dividends Paid"

Pensions - discuss after first set of accounts have been sorted

Drawing dividends

See above

Recording foreign payments (vat, currency translation etc)

'Nothing' for VAT; total amount (incl exchange fee) for amount

Self assessment (ie. personal income)

6th Apr 2018 - 5th Apr 2019

  • P45
  • Share sales & share options paperwork
  • Banks - interest figures for 2018-2019

Potential for claiming office improvements (at home) or a proportion of them from the company

Separate invoice and addressed to company Expenditure on Sage: "Office Fixtures and Fittings".

Potential for claiming mileage

45p per mile. Keep a log of how many miles I've done with the business.

Annual company accounts

Nothing I need to do right off 30 Sep - year end