I currently live in the UK and run my own small business.
Let us assume, for the sake of this question, that my client is liable to a penalty for carelessness in his tax return with an undisclosed error, so 15% penalty being charged.
I am preparing a CT600 for a company which manages and sub-lets a leased property for profit. I am unsure whether to call it a trading company and select 0 on the 'Type of Company' page or select
I have a client who had a gap between 2 rounds of self employment.
The gap was 4 years. One year no work and 3 years under PAYE and provable as such.
A huge number of VAT and Tax penalties are issued and appealed each year. Few of the decisions raise any significant point of wider significance. But, Total Technology (Engineering) Ltd.
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.
I'm considering doing some additional study to improve my tax knowledge (a little rusty after 12 years in industry!) with a view to starting my own part time practice.
I'm new here, have have a question on best practices on how to pay foreign overseas directors a wage from a UK LTD.
- Budget 2010: At-a-glance guide 19,161 9
- Monthly dividend payments to director - sole shareholder 15,340 6
- Marginal Rate of Tax 13,655 5
- ACCA newly qualified but its not enough... 13,384 20
- Accountants' IR35 knowledge ‘worryingly vague’ 12,800 15