T
Toneyz
We are not PAYE.Payment on account is for Company Directors PAYE.
We are equal company directors we do 95% sub contract labour where 20% is taken by CIS the jobs we do we keep back 20% for corparation tax
our corparation tax bill is offset against expencises etc so far we have overpaid and get a BACS payment back.
our personal "wages" is made up of dirctors fee and dividends.
After our personal allowance we now pay personal tax on dividends
This for us is now have to be paid now on account so the HMRC have the money before we have made it.
Hope this makes sense.