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capital

Renting out a residential property is a popular way for individuals to increase their annual income, but it is important that responsibilities, such as reporting tax on rental income to HMRC, are n

A company with £20,000 annual profit which Buys a £1600 laptop, or Donates £200 to charity Does not get do do these at zero cost in real terms. They both still cost around 80% of the price paid it

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I have a client who has owned and run a residential lettings 'business' for some thirty years. The portfolio consists of six properties, and totals 14 lettable units.

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Client works from home and converted his garage to an office when employing staff. Conversion is not structural but partitioning, electrical etc.

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I'm fairly sure I know that answer to this but can't find anything absolutely definitive so would appreciate some clarification from the brains trust:

 

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Hello could someone give me the reference in the legislation concerning repairs and renewals v capital of investment property works? Thanks

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Hi Everyone,

 

I was wondering if anyone knows how to access the old share capital forms on the Companies House website now?

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An upper tribunal decided that HMRC was correc

.........take around £150k cash assets as a capital distribution, under ESC C16.

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