Tax on Director's Dividends

by **RAL** on Sat Mar 06, 2010 11:51 pm

Incredulum wrote:
Indubitably. But you miss my point:

No I do not miss the point. Perhaps you did not read my post.

Incredulum wrote:
Incredulum wrote:2) Even if BK has PII, it wouldn't be very happy to pay out on the back of this set of circumstances.

I did not suggest that insurance company will pay out.

RAL wrote: you are looking at PII claim.

by **Incredulum** on Mon Mar 08, 2010 2:28 pm

But you miss my point:

1) A bookkeeper probably cannot obtain PII for giving advice such as this
2) Even if BK has PII [for his bookkeeping], it wouldn't be very happy to pay out on the back of this set of circumstances [ that of giving advise he's not qualified to, and probably isn't insured to give anyway].

by **RAL** on Tue Mar 09, 2010 12:17 am

Incredulum wrote:But you miss my point:

1) A bookkeeper probably cannot obtain PII for giving advice such as this
2) Even if BK has PII [for his bookkeeping], it wouldn't be very happy to pay out on the back of this set of circumstances [ that of giving advise he's not qualified to, and probably isn't insured to give anyway].

Have a look at the following thread from other forum. http://www.startups.co.uk/6678842910833701522/setting-up-a-limited-company.html
Have a look at the first reply and the contritutor's website, then go to about where you can get the link to his PII and insurance details!

by **Incredulum** on Tue Mar 09, 2010 1:05 pm

Perfect example.

It seems to be bookkeeper's insurance. Not tax adviser's insurance. Which seems perfect for the individual concerned.

by **RAL** on Tue Mar 09, 2010 1:14 pm

The concerned peron claims that he has professional indemnity insurance of £250,000 and

Incredulum wrote:Perfect example.

It seems to be bookkeeper's insurance. Not tax adviser's insurance. Which seems perfect for the individual concerned.

Even though it did not stop him for pitching for the business for contractor, limited company and not to mentioned possible IR35.