I heard recently that Dunkleys, a Bristol based practice are sponsoring the "Shaun in the City" initiative.
accountants in practice
I dont deal with many CGT cases so bear with me!
Client has a property purchased in 1982 for parents to live in.
I am doing the annual IR35 calculation of Deemed Salary for a client. The company he owns qualifies for Employment Allowance.
Faced with the following situation:
Dad whilst seriously ill transferred Main Residence to son and daughter in law in 2003.
Registered at Land registry but no value included.
I pay no tax. My income is well below the Personal Allowance.
I get a small dividend from a Footsie 100 company, with the tax credit already deducted.
The referendum on Scottish independence has stirred up demands for devolution in big cities across England.
I basically understand the workings of S455 tax. My question is this.
Edited - now resolved
Can someone advise me on this please.
Is it possible to use the opening balances from financial statements, and I ask this due to not having a trial balance to work from?