(Maybe) taking on a new client who's DLA account hasn't been quite as it should have been!
In the years where there was a much larger allowance for dividends, it seems to have been fine but recently when the allowance was squeezed and the personal payments increased it has gone off track!!
Although there is the odd year where the supplementary pages for the loan's s455 tax and reclaim declaration has been made (relating to the payment being made within 9 months), it isn't always the case and neither has there ever been mention of the loan in the directors SA or P11D. So it is a bit of a mess!!
So, how best to 'fix' this?
Could I simply correct what I can.....make current year correct (March 2020) by declaring dividends for full DLA balance and hope it all the past filings 'go away'??!! There is scope to issue dividends for the year in question although rather large but take us back onto the straight and narrow!!
I have figures for past six years for profit, profits c/f, dividends paid, dividends total, retained profits, DLA balance and dividends through directors SA return (matching accounts!!) in a nice table if anyone is interested in helping! I really don't want to walk away as it is a decent gig and you can probably tell it isn't a hopeless task being able to compile the past six years figures without too much trouble!! Thanks!
