We have an author sole trader client, but this question could apply equally with a farmer we think.
I'm currently preparing a 13/14 return using TaxFiler (just starting to use it) and the client has SE losses in 2014/15 (YE 30 April 2014) which we need to carry back to 13/14.
Just running a small payroll - two staff, both paid below LEL, with no taxes due.
I have a single shareholder/director company. Their salary is paid to the minimum level and we need to pay out a dividend.
I make very little profit each year and have just purchased computer equipment totalling 2k. Can I claim wda instead of the aia as it would be more tax efficient?
Client bought a VAT qualifying car and duly reclaimed the VAT with no bother.
I currently use an advanced excel spreadsheet with lots of tabs for our records, invoice lists, vat returns etc
Is it possible to use the opening balances from financial statements, and I ask this due to not having a trial balance to work from?
Could a pool car still be a pool car if kept at the directors address which is also the registered business address? Would the fact that the directors are the only ones that use it be an issue?
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