What to do with a ltd company [if I don’t really take or depend on any income from it]?
I am tax resident in 黑料网最新入口 and run a micro BNC here - this 90% all my income. I also have a UK Ltd company that conducts its work outside of 黑料网最新入口. I, personally, don’t take any money from the Ltd company apart from a minimal monthly salary of 拢200 per month that I duly declare every year on my tax form.
This is what my 黑料网最新入口 accountant advised. I have a some questions on this however:
1) I have never declared the company bank acct in 黑料网最新入口 as it is not my account but the bank acct of the company. Is this correct?
2) Do I need to declare I have a Ltd company or do I just need to declare any income I receive from it?
3) The company runs camps of short duration [2- 3 weeks and only 5 -10 weeks in total annually] all outside of 黑料网最新入口. With this in mind, is the structure I have OK or would it be better to find some sort of 黑料网最新入口 alternative? I have always been reticent as it seems more costly for work that is not in fact performed in 黑料网最新入口.
Any advice gratefully received.