It snowed down here on Sunday. Maybe the weather was a warning of things to come on the work front.
I HAVE A CLIENT WHO WANTS THE LIMITED COMPANY TO PAY FOR HIS SELF ASSESSMENT TAXES AND FOR THIS AMOUNT TO BE TREATED AS AN EXPENSE INSTEAD OF IT BEING PART OF HIS DIRECTORS LOAN ACCOUNT.
I have just had a very unpleasant conversation with an HMRC compliance officer, as a 2011 return contained an error.
I may have lead a charmed life over recent years in that, other than a few minor queries and one compliance visit, I've not needed to have any direct contact (human to human) with HMRC.
HMRC estimates of tax owed by someone who hasn’t filed a return has the same force as a self-assessment tax return and can’t be appealed until a return is filed, the upper tier tribunal ruled.
I'm a UK Non-Resident and live in the United States. I've recently incorporated my company online with Companies House.
I have a client who has never submitted tax returns. He is now obliged to file them since 10/11 because he is a director of his own limited company.
My client who works for Microsoft in the UK and is a UK resident, recently sold there stock option shares on Smith Barney and as part of the process, 40% tax was automatically withheld during the s