If you submit a return for 14/15 that has a lower liability than the previous year, resulting in the payments on account being too high.
Not sure if this has been posted yet (sorry if it has), but a maths riddle is doing the rounds and causing a huge debate.
Solve the following equation.
Directors have introduced assets to their own company on commencement with a second hand value of £450.
Excuse the very basic question but whilst I did study this many years ago, I have not dealt with a property management company for many years and seem to have forgotten everything!
Company currently has 66 shares issued held between 2 husbands and 2 wives.
I have a new client, first year self employment 2014/15. They have made a loss of £5,000.
I am considering piloting a Live Chat feature on my website. I am concerned that it may take up a lot of my time and prove to be a constant distraction.
I would like some help to ensure I don't put a transaction through which could initiate a tax charge.
My wife and one of our businesses (we closed it a few years ago!) both received a notice to submit a tax return today dated 06 April 2015.
I've recently joined a new firm right in the middle of P11D season.
- Tax tables 2013-14 83,413 12
- Fair mileage rate for people with a car allowance? 37,787 7
- Optimum company salary & divi 2014/15 37,525 48
- IR35 business entity tests published 37,465 59
- Hiding from HMRC and not paying tax - What is your advice? 27,809 22