Hi - just wondering if planning fees and solicitors fee for a new build garage can be written off in P&L account or does it get added to the balance sheet?
We have prepared the first balance Sheet and Profit and Loss account [rent income] with tax computations for a new company - The easy bit.
One of our clients has just received, hand delivered a letter from HMRC asking for £15,600 in security against future VAT.
Is this a new thing?
Client has received a number of very old creditors on its ledger which it will never pay. Yes it is within the statutory of limitation but they are adamant this is not a debt
I'm a subcontractor accountant preparing some property rental accounts.
Am I correct in thinking that VAT is due on the takings of a Gaming Machines that is not subject to Machine Gaming Tax ?
Does anyone else have experience please of receiving from HMRC a P35 penalty notice without first receiving either of the two reminders that are described in last year's Joint Statement (which
I have a new client who is the director of his Ltd company and he also employs his wife.
He (the director) and his wife, took £5,000 each out of the company as a loan.
In Excel 2003 is there a quick way to highlight all cells that contain formulae or all cells that do not contain formulae? Also, is there a quick way of locking all cells that contain formulae?
My client has been running a small business (Garden maintenance,SE) for several years, and ticks over nicely on about £60k turnover. He is not VAT registered.