Practice | AccountingWEB


Hi everyone,

I have a new client keen to manage their own books who is planning to start up a restaurant. Projected turnover around £300k. Software to be integrated with EPOS.


I have recently taken on an unincorporated charity as a client.


Sole trader client is going to incorporate, but in transferring business to a limited company, wishes to reclaim VAT on vehicle &assets purchased as a sole trader.


My clients invested around £300K by injecting these funds into a limited company, to buy a restaurant in 2008 by remortgaging their houses.


Does anyone know the treatment of goodwill on consolidation under GAAP? FRS 6 seems to suggest that Goodwill should be taken through the Restructuring reserves in balance sheet.


A profitable limited company trading in the I.T. sector wish to purchase an office. Could I please have suggestions as to the best structure to achieve this.


Client realises capital gain on EIS/SEIS shares. All other conditions for CGT exemption are met but there was insufficient income tax when purchased to obtain income tax relief.


I have a client who has a limited company, husband owns 80% of shares, wife 20%.  Husband and wife also own a commercial property personally with an option to tax on it, which they rent to the limi


Afternoon, I work in education and use the accounting Software PS Financials. I do not get involved with the general inputting but run several reports which are rubbish.


Do you find you get much opportunity to refer general accountancy work to third parties via your payroll clients?