Is this pedantic and is there any point?
Taken on a client recently from another firm. It's only a small concern in any case.
However, the previous adviser appears to have claimed AIA on items introduced (per their schedule provided) on 06/04/2005... the majority of which are labelled "building works" (for a garage used to store Stock I believe).
Obviously this isn't correct. The client says the works and assets noted were indeed bought some time ago.
No tax is at stake as a loss was made (and not relieved). Just seems a bit silly and gives me discomfort over the other figures/affairs.
Should I bother making an issue of it?
- Scoot 146 3
- ICPA taxwise fee protection 123 2
- Tax code for Companies House fees 177 3
- G'day IPA-IFA 648 11
- Why do HMRC have a different FPS liability to the amount I sent? 1,426 20
- VAT customer is registered in France, goods shipped to the UK 99 1
- Regaining my qualification 162 2
- Self-Assessment - NIC Exemption 225 2
- Recommendations for tax advice sole practitioner 176 2
- Auto enrolment 174 3
- Shareholder agreement 161 3
- Tax treatment of cashed in American Savings Plan 193 3
- Company Reorganisation 151 3
- Employee Loan 193 2
- IRIS - Personal Tax - 2013/14 - Page UKP2 457 15
- Statutory residence test - transit days 579 5
- CGT - Is a calculation required now? 137 1
- Wear and tear allowance 460 6
- Accountants' Error 656 12
- Website development costs - tax and accounting treatment 354 6
- Skandia using wrong address 1,447
- Nil Rate Band Trust - index linked debt by way of charge over property 755
- Any views 688
- HMRC Employers Diary 520
- International interest certificate 422
- Stamp Duty on share for share exchange 384
- Sale of business 348
- NOVA 254
- Advertising services? 245
- IRIS Open Books problem 239