Back in 2011, a husband and wife client incorporated their partnership (estate agents) and a goodwill figure of £60,000 was accepted by HMRC in response to our Post Transaction Valuation Check.
Hi Am I right in thinking that if a company has made a profit in the current year, but has a retained loss carried forward on the balance sheet, even when the profit has been added to it that a di
I am preparing a CT600 for a company which manages and sub-lets a leased property for profit. I am unsure whether to call it a trading company and select 0 on the 'Type of Company' page or select
My husband and myself set up a limited company and incurred set up costs of 20K, this was aloan to the company form ourselves as we had share capital for £20, we decided not to trade as minimum qua
Sorry if this has been covered elsewhere. My client is a self employed tennis coach and coaches many individuals on a one to one basis 3 days per week at the local sports centre. The remaining 3
As is often noted on any answers, although the guidance on http://www.hmrc.gov.uk/sa/need-tax-return.htm says that directo
I am looking at providing an app to clients that they could use to take a photo of their business receipts, bank statements, record their business mileage and take a photo of their P60 etc.
I may have been a bit of a dimwit here, but anyway, here's my situation:
What are the tax consequences of closing an EBT.
A client is resident in Jersey and has been for around 3 years. He receives UK Incapacity benefit and I am unsure whether it goes on the UK tax return, Jersey tax return or both.