For capital allowances purposes, when deciding whether the car goes into the special rate or the main pool the CO2 limit you look at depends upon if the car was purchased before or after 6 April 20
New incorporated Company year end 31 Dec
Inv#1 10k dated Nov paid Dec
Inv #2 11k dated Dec paid Jan
Inv # 3 12 k dated Jan – re DEC services – paid Feb
Can someone advise me how a car purchased (by a sole trader) under Personal Contract Purchase is treated for tax and CA purposes?
Thanks in advance
A director in a Limited Company has no Service Contract and there is no Shareholder's Agreement. The limited company has Model Articles.
Profitable limited company client has two directors, say Mr A and Miss B. A works in the business but B does not. B owns 100% ordinary share capital. A and B live together but are not married.
I run a small business which is on course to make around £40k profit this year (online retail).
I went over my minutes on my mobile phone plan this month for the first time in ages. What astounded me was that the 0300 numbers where more expensive to dial than the 0845 with O2. Now when you