Hi, my client changed from a sole trader to Partnership in June 2013 and I am just completing the 2014 Tax Returns for the partners.
Currently where a person owes tax of up to £3,000, the tax may be coded out through the taxpayers PAYE code.
The recent case of Samantha Gibson v HMRC examined whether amounts paid under a maintenance grant could be subject to tax as benefits in kind where the taxpayer was employed by the ex-husbands comp
Tax unattended to is a recipe for disaster. Peter Figg vs Commissioners for HMRC presents a sorry tale of taxpayer woe!
I have a sole trader with a year end date of 31st March who has traded for a number of years. On the 1st of September he it changed to a partnership.
I just want to know whether this period of occupation still qualifies for PPR and also what the impact would be if it was let in this period.
We took on a husband and wife partnership early last year with a 31/3 year end. Their previous accountant did the 2011/12 accounts and we got the tax comps as part of the handover process.
It’s the last day to file your tax return.
The statutory rules that specify the maximum penalties which can be levied by HMRC according to certain types of conduct ranging from negligent behaviour to deliberate and concealed
Self assessment season is undoubtedly one of the busiest times in a practitioner’s diary.