I can fin lots of stuff about treatment of gains on the sale of foreign property but not losses.
I had thought that Class 2 NI was being abolished from April 2016 and that this might have been confirmed in the Autumn Statement.
To quote from my web research "If the loan account is not repaid in full within 9 months of year-end, S.455 tax is calculated on the balance outstanding." Hmm.
Client (majority shareholder and director) was disappointed with interest earned on company bank account so decided to set up a savings account but put it in his own name.
This might sound stupid, if so, then it probably is ... BUT, do I need to register a business for PAYE where it's sole employee will be earning less than £112 per week AND is also self-employed?
Last week (18/11/15) we got locked out of HMRC online account due to 3 wrong password attempts (long story how that happened).
Has anyone upgraded from say Windows 7 to Windows 10? Are there any noticeable improvements?
Interesting times at KPMG Northern Ireland
Are you aware of any situations where HMRC have charged either a driver or employee extra BiK because they drive and pay BiK on a LCV (as opposed to a car)purely to reduce their tax liability? i.e
My Client has significant reserves in their company (£90K) and is pursuing MVL to claim ER. That part is fine.
- Movers and shakers: Druckman becomes Access chairman 257,486 1
- ICAS fines Surrey accountant £60,000 245,726 4
- AccountingWEB quizzes Michael Izza 171,218 1
- Companies Limited by Guarantee: get the details right 77,510 47
- How to get your first clients 74,084 32