tax
Client had a letter through recently. She has only been in SA since 2011-12.
HMRC wrote to her to ask for a copy of her p45 in relation to the previous (2010/11) year.
Now I'm doing more tax work, I come up regularly against clients who when presented with final accounts and tax return to sign, ask whether I can make some sort of allowance for XYZ, or did I know
We have been approached by a client who is an associate dentist and they have been recommended by a colleague that they should set a up a partnership to help save taxes.
I run a business (I am an employee and major shareholder) that has received an investment round approximately 2 years ago, and we now have an interested party who want to utilise some assets we hav
Client has p/t employement income (at a school) and p/t self-employed income from her home-based business. All personal allowances are utilised against PAYE income.
The Rent a Room scheme allows you to receive £4250 per year tax-free from letting out furnished accommodation in your home. You can let out a room or an entire floor.
You can’t take it with you when you go…. except perhaps if you’re an Egyptian Pharaoh.
Annual exemption
Since getting early retirement in 2005 I have received a pension from UKAEA (and their successor organisations).
It transpires that a client has been lending money without a licence, for about six years.
Pages
- Budget 2010: At-a-glance guide 18,592 9
- Accountants' IR35 knowledge ‘worryingly vague’ 11,586 15
- HMRC launches VAT amnesty campaign 11,520 6
- Marginal Rate of Tax 9,323 5
- SA: Points to watch for this year's returns 9,272 12

