Client has existing UK property. Purchases a new UK property (eligible re BPRA) and spends on bringing into use as FHL, but not yet complete and therefore not yet started to let out.
So small jobbing builder has clerical assistance from wife/partner (no other income) for £20 per week or something equally very modest.
Just rang HMRC (20 minute hold) 64-8 submitted for VAT CT and PAYE.
However only the CT and PAYE services showing on my Agent HMRC portal.
We have recently started selling event tickets for conferences we'll organise in the future. I have two quick questions:
I have a client who is self employed.
They had set up costs from Nov 2012.
But did not file a 12/13 return.
I have overdrawn 25,000 in a year as directors loan. Can I return the loan amount without paying any kind of tax?
Can someone please help with the error I am getting when trying to fill out the HMRC CT600 form?
In short the trading for the year is as follows: