This must be a common one, so would appreciate confirmation on claiming the capital allowances.
A limited company has ceased to trade and dissolved. There was £8K debit balance left on director's loan account.
One of my friend is a taxi driver but the taxi plate is owned by my friend and his wife. Can he pay a certain amount of rent to his wife? Will it be tax admissible expense.
Client and business partner have sold a piece of land, but partner has received the proceeds and not paid the client his share. Client is suing the partner.
Hi all -
I am trying to assist someone with there self assessment tax return and have a question about allowable expenditure for their self employed trade.
Hi all, property is fully furnished - except tenants wanted to provide own beds. Everything else is provided.
I wonder whether I could obtain some clarification of what readers' views are as to what counts as "relevant expenses". I have read S308C(5) ITTOIA 2005, which says "...