tax

Scenario 1

Income for the company £100,000

Two staff salary at £24,000

One staff at £10,000

Expenses

5

It's all a bit of a minefield for a non-accountant learning as they go - NIC payments, £2k NIC allowance, corp tax, income tax etc.

5

Have just spent 1/4 of an hour on hold trying to get through to the agent help line.  Same thing the other day too.  I guess they have decided we no longer need priority treatment and can wait ages

4

I currently live in the UK and run my own small business.

2

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.

2
We've put together some comments on the budget pension changes which you can cut and paste into your client newsletters or simply use to help your practice.

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

1

Hello 

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.

1

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.

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