I am a humble management accountant and have stumbled upon an area that is confusing to me!
I need to report the 25% charge to corporation tax on a directors loan at the financial year end ( Dec 10).
My client has a very successful retail business and it generates a lot of significant excess cashflow.
I have a company who owns a building and rents it out. No other income. It is therefore clearly an investment company.
I have a client who is trying to raise finance for a trading Company from private individuals resident in both the UK and Hong Kong. I am looking at the tax implications of interest vs dividends f
I'm about to appeal a penalty determination received today, but wanted to check that I was actually on the right footing....
Community Interest Company
Is there any difference in accounts layouts for CIC?
Does this type of company pay corporation tax?
Charity owns 100% of the shares in trading subsidiary company.
Charity does not submit tax return.
I have a client (limited company) who purchased an item of plant and machinery under a finance lease 7 years ago.