Re:
We can go back through the filed accounts and say that £164,961 was owed in CT at the end of February 2017, £189,062 in 2016. That £71,586 in other Revenue related debt was outstanding at the end of February 2017, £126,436 in 2016. But can we claim, as you just have, to know who much was paid? Can we even claim to know what the liability arising was? No, we cannot.
As for what the liability arising was - was it more or less than the liability that would have arisen had he been an employee? (And we can take the VAT out for a start, given that's reclaimed on the other side.)
So much for being a company director making you an expert. You are taking those figures from the Declaration of Solvency, and they are the amounts outstanding at Feb 2. We do not know how much Corporation Tax Brailsford Ltd has paid. We do not know how much VAT Brailsford Ltd has paid. We do not know how much NIC Brailsford Ltd has paid.samhocking said:He paid £188K in Corporation Tax, £67K VAT and £5K NIC so hardly escaping HMRC lol!
We can go back through the filed accounts and say that £164,961 was owed in CT at the end of February 2017, £189,062 in 2016. That £71,586 in other Revenue related debt was outstanding at the end of February 2017, £126,436 in 2016. But can we claim, as you just have, to know who much was paid? Can we even claim to know what the liability arising was? No, we cannot.
As for what the liability arising was - was it more or less than the liability that would have arisen had he been an employee? (And we can take the VAT out for a start, given that's reclaimed on the other side.)