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bigduckontax
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 10610
Experience:  FCCA FCMA CGMA ACIS
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Sam, I am coming up to my one year anniversary as a limited

Customer Question

Hi Sam, I am coming up to my one year anniversary as a limited company. I have not yet registered myself via PAYE. Is this a problem?
Submitted: 17 days ago.
Category: Tax
Expert:  bigduckontax replied 17 days ago.

Not if you are not drawing emoluments from the company.

Customer: replied 17 days ago.
I have been paying myself 700 per month from the last 6 months
Expert:  bigduckontax replied 17 days ago.

Then you should do so immediately and make your peace with HMRC.