Corporate tax agents are advised to batten down the hatches for the next few days as HMRC will be implementing a major upgrade to its Corporation Tax Online website on Monday 23 November.
Tax
A UK based service company performed some work and received money with tax deducted by a Danish agency. We are preparing the accounts and tax comps.
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Client has both a sole tradership and a one-man limited company. Sole trader is VAT registered, company is not.
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Taxpayer made an unsecured loan to an investment company which has now gone bad and will not be repaid
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We act for a company which proposes to bridge a loan for a house purchase for the mother in law of a 50% shareholder and director. The loan will be for £300-400K and is likely to be for 4 months at
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New small ltd co client just acquired. In his first year no PAYE scheme registered and no P35 routines carried out as owner/director thought he could take just divis.
5
I have dabbled in shares but never completed a tax return. A couple of years ago I made losses but now I have started to gain.
4
One of our clients has recently received compensation of circa £30k from the National Grid. Based on information received from the solicitors that acted for our client:
3
Debate in the office.
Client made payments to company pension scheme through his salary.
Higher rate tax payer so tax relief at source.
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