Financial reporting

A company renews its overdraft facility during the year and pays a (sizeable) renewal fee. The next renewal is due 12 months later.

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Good evening,

I would appreciate your advice on how I should account for VAT on late payment charges.

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The Financial Reporting Council published a draft standard on 19 February that will do away with the Financial Reporting Standard for Smaller Entities (FRSSE) for accounting periods beginning on or

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I recently met a client with Sage Instant Accounts version 20 on his desktop.

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Does anyone have any thoughts on the accounting treatment of Employment Allowance ?

For instance, a company with a September 2014 year end uses the whole £2000 in April 2014.

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Looking for a little guidance on revaluation...

I have a client that is a limited company that has bought a building, refurbished it and is going to rent it out.

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In a "discretionary will trust" what are the tax possibilities when the surviving spouse dies and the index linked mortgage on half of the family home is repaid to the trust.

2

Hi all,

What is the best way to pay director when Company has employment allowance still available? 

One director and company pays 20% tax.

Director has no other earnings.

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