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Practice

A client of mine who is tax resident in the UK has inherited a property in India from his father.  His father while lived in the UK was still domiciled in India.

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No idea how these receipts are supposed to be translated for input into accounts!

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My client bought a fixed asset from an EU coutnry (special vehicle for selling coffee& tea on street). The vehicle was assemled in the EU country and he collected it himself.

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I want to increase my knowledge on tax.
I have limited time and will be studying from home during my own time. I am CIMA qualified and I genuinely find tax to be interesting.

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Hey all,

Thanks for dropping by.

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If a company makes a trading loss but has non trading income (bank interest) in the same year can this be offset against the loss for corporation tax purposes?

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I have been researching potential client, who incorporated the business last year.

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I am sorry if this has been answered before and I missed it.

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