Is it necessary to obtain HMR&C's prior approval before claiming "Negligible Value" claim against shareholder's (my client) income for subscriber shares in a company which is going to be struck
I have been trying to file my accounts using HMRC's company tax returns, but unfortunately, I just found out that there is a service issue with the software.
In my 2011/2012 SA Tax Return I claimed £9200 AIA on a van that was used for 100% business purposes
I have a client who set up as a self employed artist in 2012. Prior to setting up she painted as a hobby and gave a couple of her paintings to a friend in America.
When you tick the box saying that client is entitled to child benefit, answer the resultant income question and then the client says they misinformed you and you try and delete it , it wont let yo
If a 2012/13 tax return is amended before 31 jan 2015 in respect of an election that now wants to be made, will 10% late payment penalties be levied (if all additional tax paid before the end of th
Could someone please clarify something for me.
I have come across client who dealt with tax inquiry by himself inquiry was concluded before he approached me.
Are the rules for offsetting Class 4 NIC trading losses the same as for Income tax losses or is it possible to offset only the amount of losses to reduce the class 4 liability in the profit making