Dividend Vouchers have to contain the following details :-
Limited company name and number
Shareholders name and address
Description of security (eg “Ordinary Shares”)
No of shares owned at time of declaration
Amount of interim dividend paid
Signature of Company Officer
This is a matter of requirement of the form of the dividend voucher, even if sent electronically.
Is there a contact number that i can ring and actually get through to a human to discuss issues that i am having? All these rules and regulations that we are having to follow but when it comes to discussing concerns with someone of knowledge - there doesn't appear to be any way if speaking to someone just automated calls or endless hours on hold and still unable to speak to anyone. i am beginning to think that the phone is locked in an empty room.
Our helpline is very busy at present and I apologise that you were not able to get through. We have a duty to protect taxpayer confidentiality and so do not discuss the tax affairs of individual taxpayers or businesses over social media avenues. This means we will use this forum to answer general, but not personal, queries.
If you have a personal query, please contact the VAT Helpline. You can find their contact details at the following page of our website:
We have a business that trades on various eCommerce platforms as well as its own website .
I have searched everywhere for compatible software to integrate these digital areas but to date have found nothing, short of getting a developer to produce something which we simply cannot afford at the moment so i think we are in the soft landing area .
Can anyone advise of what we should do , bearing in mind as far as we are aware the grace piriod is only for another 12 months to have it in place.
But I would like to know in what form I am suppose to keep them? Where? How detailed those records are suppose to be?
Yes, I keep all the receipts in paper form. But do they have to be registered somewhere? Every receipt?
I have my invoices in digital form (as I send them to my clients from the computer). Is it OK?
Can I have "my books" in digital form? And if yes, then - does every receipt and invoicehave to be registered in them, one by one, or can I have them counted (what I do once a year) and listed as cetegories, like "Posting", "Repairs", "Stationery" etc.
Please do not send me to videos or webinars, as they mostly contain info I already know.
This is in response to the question above from Anonymous posted 10/06/19 11:23:20
Thanks for your question.
The format you choose to keep your records in is entirely up to you. HMRC require you to retain your records in a way which is simple and accessible for yourself, but also which can be easily reproduced if HMRC ask to see any of it.
Your paper receipts do not need to be 'registered' anywhere, as long as you can lay your hands on any one if required. Keeping invoices on digital form is acceptable, again as long as they can be reproduced when required.
When you are preparing your own books it is ok to have 'categories' and totals under each one, you do not require to have every separate item listed as neither is this required on your Self Assessment return.
You can use either a compatible software package that allows you to keep records and submit VAT Returns or bridging software to connect non-compatible software (like spreadsheets) to HMRC systems.
There is a list of Making Tax Digital compatible products that are available for businesses and accountants to use now on GOV.UK and you are able to filter these by the basic features they offer. For each product there is a link to the specific provider’s webpage where the user can find out more information.
We have already improved this page to allow businesses to search and filter for particular products and are in the process of making further enhancements. There are already a number of free products available and for those who want to use spreadsheets to keep their records, free and inexpensive bridging products are available.
You will need to keep a record of all your income by receipts, invoices as well as a log book so if HMRC decides to make an enquiry into your accounts you will have the evidence to confirm your in goings and out goings. Please refer to the following link:
Hi, not sure if this is correct forum to ask this, however, I have had to draft in extra labour to help with my work load. 2 guys, sole traders. The contractor wants to pay me direct, and for me to then pay them, 20% will be taken off the amount via CIA using my utr number. Can I offset this, or do I also need to take another 20% off the other lads? The price is very tight, and I make nothing off these 2, I just want to keep the contractor happy, to continue to get his work.