Small company accounts
Be gentle with me, as I am in a purely audit environment with 1 active private client.
This client formed a limited company on 11 February 2010. I changed the accounting reference date to 31 03.
The client has had no income to date, but has been incurring a lot of expenses as he searches for the right location to take up a franchise. The company is VAT registered.
I can prepare company accounts for him to 31 03 11. (These are due by 11 November 2011.)
My question is, what do I need to invest in?
VT Software will produce iXBRL accounts, and also the disclosures should be ok, but what about HMRC? Taxcalc is very expensive, considering I only have one client, and do not have the inclination at present to get more clients. Can I use the HMRC software, or do I just ask them to accept a nil return for the 13.5 months period to 31 03 11? If they accept a nil return, can this be manual?
Thanks in anticipation
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- ICPA taxwise fee protection 139 3
- Scoot 170 4
- Zero Rated VAT on New Building 145 2
- Tax code for Companies House fees 190 3
- G'day IPA-IFA 659 11
- Why do HMRC have a different FPS liability to the amount I sent? 1,445 20
- VAT customer is registered in France, goods shipped to the UK 102 1
- Regaining my qualification 188 2
- Self-Assessment - NIC Exemption 232 2
- Recommendations for tax advice sole practitioner 215 2
- Auto enrolment 186 3
- Shareholder agreement 168 3
- Tax treatment of cashed in American Savings Plan 194 3
- Company Reorganisation 159 3
- Employee Loan 201 2
- IRIS - Personal Tax - 2013/14 - Page UKP2 461 15
- Statutory residence test - transit days 588 5
- CGT - Is a calculation required now? 141 1
- Wear and tear allowance 461 6
- Skandia using wrong address 1,449
- Nil Rate Band Trust - index linked debt by way of charge over property 760
- Any views 694
- HMRC Employers Diary 521
- International interest certificate 423
- Stamp Duty on share for share exchange 387
- Sale of business 352
- NOVA 258
- Advertising services? 251
- IRIS Open Books problem 241