If a CIC gives (covenants) its profits to a charity, the net result is break even and no corporation tax is payable.
Husband and wife bought property to let out, 4 years later they are divorcing, and wife has moved in to (rental) house and intends to continue living there. The divorce settlement has her keeping
Just for complete clarity this is a CTA exam question, not regarding an actual client!
My colleague has just ended a telephone call to HMRC Trusts Nottingham regarding a late filing penalty which has just appeared on a client's 'current position' screen on the HMRC web site.
Does anyone know whether it will be acceptable to include a garage / lock up element of a house rent as tax deducable expenses?
I have been approached by a company director who bought shares in a company in 2009 with an initial sum paid and the balance of £80K funded by a loan to be paid off by dividends earned in subsequen
A 2010-11 unsolicited SA100 tax return (repayment claim) was submitted in December 2014, by paper.
Please can you direct me to the legislation that states the rate that needs to be used, or hmrc guidance, as I can't see any reference to this but have seen on other posts that the spot rate o
Is it breaking any rules to pay yourself a management fee to move profit from one business to another?
- Tax tables 2013-14 76,790 12
- IR35 business entity tests published 36,367 59
- Optimum company salary & divi 2014/15 31,458 48
- Fair mileage rate for people with a car allowance? 27,300 7
- Working from home tax checklist 25,868 13