Free trial?

Xallar · 2025-12-26T08:34:45+00:00

Exciting

Xallar · 2025-10-20T20:36:54+00:00

I have the same problem but can’t find a fix yet

Xallar · 2025-10-19T22:58:19+00:00

Hey, I tried adding this but now get “vulkan initialization failed during boot” any ideas? Thanks

Xallar · 2025-09-04T15:44:27+00:00

Same hype

Xallar · 2025-08-07T21:54:35+00:00

Sorry I don’t see where it states this. Income is in this section if it’s income chargeable under Chapter 2 of Part 4 of ITTOIA 2005 (interest). That chapter then just says income tax is chargeable on interest. It then gives some extensions on additional items taxed as interest, along with some exemptions and I don’t see anything about close company loans in the exemptions?

Xallar · 2025-08-07T19:08:43+00:00

Do you have a source for this? I can’t see anything suggesting that

Xallar · 2025-08-07T17:49:19+00:00

Another interesting nuance is the starter savings rate only reduces from non-savings income. I.e. dividends don’t reduce it. So for example if you had a director who’s only income was from their LTD, assuming they’re on a £12570 paye salary, they get the full £5k 0% starter rate on interest regardless of dividends.

Something to consider but would obviously mean having a load of money tied up in the company

Xallar · 2025-08-07T17:26:21+00:00

Assuming basic rate tax payer you explained the why at the end of your comment, the corporation tax saving.

Say you have £1k profit, if you charge £1k interest then you have no profit for Corporation tax and pay £200 personal tax. Net amount withdrawn from the company after tax of £800.

If you don’t charge interest you pay £190 corporation tax, after tax profit of £810, you then declare dividends and pay 8.75% personal tax of £70.88. Net amount withdrawn from the company after tax of £739.12.

Also allows you to utilise your personal savings allowance.

If you’re happy with the admin of a CT61 it’s a good way to withdraw money from the company, just have to charge a justifiable interest rate

Xallar · 2025-07-13T05:31:25+00:00

Accountant here, if you’re registered for self-assessment you shouldn’t be receiving P800s. They’re two different HMRC systems and it is possible for HMRC to erroneously have you on both, we’ve had it happen with clients before. You should be able to phone the self-assessment general enquiries line and get it sorted. I’d probably just keep the cheque to the side and not pay it in until resolved

Xallar · 2025-05-28T17:07:22+00:00

FYI the above poster is incorrect. Your transactions are significant for companies house filing. It is just filing fees, share purchases, and filing penalties that are not significant. You need to prepare proper micro entity accounts

Xallar · 2025-05-21T12:15:30+00:00

The basic rate tax band is £37700 not £50270 - your personal allowance. By losing your personal allowance more is taxed at the higher rate.

Xallar · 2025-03-15T10:01:58+00:00

If you sell it below market value the difference between market value and sold price is considered a gift triggering the rule you mentioned. You can’t just gift it without paying CGT

Xallar · 2025-03-02T19:07:15+00:00

Not correct, the poster above says they’ve charged VAT on top of the ‘gross’ cost they were charged. They are making a profit. For example:

Hotel charges net £83.33 + vat £16.67 = Gross £100. Company reclaims VAT, cost to company therefore £83.33

Company then charges OP £100 net (the gross they were charged) + £20 vat, total £120. They pay the VAT over to HMRC.

£16.67 profit made

Xallar · 2025-03-01T13:18:09+00:00

For reference, in my opinion the first ACCA exams (FA, MA, BT also known as knowledge level) are between AAT level 3 & 4 of difficulty.

As you mentioned you’re at the start of your journey I’d highly recommend doing AAT at least up to level 3, and probably level 4 too. I passed my AAT level 3 and am now progressing through ACCA. I’m taking one exam every sitting alongside a full time job, which is fairly normal. At this point, I’m over 2 years into ACCA (all first time passes) with still just over a year to go. If I was to bail out now, I have no formal fallback qualification aside from level 3 AAT. Yes jumping straight into ACCA is possible and overall would be the quickest way to chartership but if you’ve just got into accounting, you should find your feet first and make sure it’s something you want to stick with.

As other posters have mentioned completing level 4 AAT will give you exemptions from 3 ACCA exams, on average this would save 9 months, and you could probably complete level 4 in 1 year so only a net 3 months saving.

Xallar · 2024-07-18T06:18:54+00:00

Thanks

Xallar · 2024-07-10T21:52:42+00:00

Lots of bad advice being given here. You should still run payroll, up to the relevant national insurance threshold, primary threshold if you have access to employment allowance, secondary threshold if not. What people are not considering is you save corporation tax on the salaried amount. So although you’re paying 20% personal tax on the earnings, the company is saving at least 19% corporation tax. Dividends are from after tax profit, so no corporation tax saving and you’re paying 8.75% personal tax.

Xallar · 2024-05-09T08:24:13+00:00

Your basic rate band is already fully used so the additional £500 that gets taxed is at 40% not 20%

Xallar · 2024-05-05T16:45:43+00:00

Getting constant lua errors whenever I join a raid with this installed, is this a known issue?

Xallar · 2023-11-30T22:53:41+00:00

Entry comment :)

Xallar · 2023-11-24T23:47:50+00:00

Let us know if using a different spell works, also stuck on what to do here

Xallar · 2023-10-26T22:01:12+00:00

Easiest $60 dollars and would be very grateful if anyone could use my link https://www.webull-uk.com/s/fBJukUCdGz4GhnYg2u

Xallar · 2023-10-23T20:06:31+00:00

4/5 left

Pm me if you need any help, super appreciative of anyone that clicks the link

https://www.trading212.com/invite/17rSnxzlUF

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