Would "gesture of goodwill" compensation for wasting a corporate customer's time due to inept database information gathering be taxable?
CTM01405 states that apportionment of accounting period profits to the relevant financial years must be made on a time basis.
A client company has four flats which it rents out, three of which are to directors. The directors have decided not to charge themselves ground rent, demanding it only from the fourth tenant.
A year on from the introduction of mandatory efiling of iXBRL company accounts with Corporation Tax returns, HMRC and software suppliers have been offering feedback on the progress made so far.
As anticipated ahead of the Budget announcement, the Chancellor accelerated the annual reduction in the main Corporation Tax rate from 26% to 24% in April 2012, with further reductions scheduled to
I have a client who controls Company A.
These tables reflect announcements made between December 2011 and March 2012.
Quick question.... when can we claim the initial allowance for Flat Conversion Allowance purposes? When the expenditure incurred or when the flat is first available to let?
Start up technology company has tax losses from start of trading - looking to sell the business (core technology / customer base has value to others).
Could anyone explain if storage income is treated the same as rental income on a corporation tax return please?