Tradefair & Financials
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i have a small ltd company and because i didn't work one tax year i've received a tax rebate :) , now if i put this money into my business account do i have to pay tax on it with it being a tax rebate cos if not i'll withdraw the lot
cheers
dumb one man band :D
cheers
dumb one man band :D
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was the tax rebate to you or the company. if you, the cheque will be in our name, in which case cash in personal bank and no tax, if in company name then has to go in company and advise your accountant and should be no tax. some of my worst tax problems have been through rebates. they give them me one year, and ask for it back [same amount and same details] the next.
cheers TJM, it's in my name so i'll pay it into my own bank account :)
after the cheque clears in your account you then need to transfer it to mine, for tax purposes you understand ;-)
LOL
Gresty, It is your money not the companies.. Dont spend it all at once!
Gresty, It is your money not the companies.. Dont spend it all at once!
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