We (husband and I) filed tax returns this year for the last 5 years. We expected to get a refund but were shocked to discover that we own them 8.5k! My husband is a proprietary director for a company from which he receives NO income and he has been fined for filing a late return. The fine seems to be based on all our PAYE income, rather than the company income. We receive no income other than that which we get from our normal PAYE jobs. What are our chances of successfully appealing this? It seems a bit unfair that someone receiving no income should be fined in this way (and yes, I know Revenue isn't about "fair")
Where there is no income from the proprietary directorship Revenue are usually ok with removing the surcharge. Haven't dealt with one in a while but this used to be the case. Worth a phone call
I've located the following AAM discussion http://www.askaboutmoney.com/showthread.php?t=164089
I think both your source and the above both refer though to non-proprietary directors so it mightn't be what you need. Still I'd suggest, at least for the moment, that you use it to open your discussion with Revenue. Maybe someone else can locate something more definitive?
The legislation is quite clear on this - S.950(1)(c), which has been replaced from 1/1/2013 by S.959B(1)(c), excludes from the definition of a chargeable person, an individual who is a director (no distinction between proprietary or non-proprietary) of a company which throughout a 3 year period up to 5 April in the year of assesment has negligible assets, hasn't carried on any trade or business, and hasn't paid any charges on income.
The legislation is quite clear on this - S.950(1)(c), which has been replaced from 1/1/2013 by S.959B(1)(c), excludes from the definition of a chargeable person, an individual who is a director (no distinction between proprietary or non-proprietary) of a company which throughout a 3 year period up to 5 April in the year of assesment has negligible assets, hasn't carried on any trade or business, and hasn't paid any charges on income.
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