So... client gets an underpayment notice from debt management on 28th FEB, the letter is dated 21st FEB.
A former work colleague of mine in London is starting up her own housing association and has a leasehold property from an estate agent that she will use as her first location to house homeless peop
The company is Limited and has One shareholder.
Shareholder pays £100K out in salary and divis.
He has excess cash of £500K in a current account earning £200 a month.
Many accounting firms are likely to see their profits decline and some may even go bust when new tax rules for limited liability partnerships (LLPs) start in April, an expert has predicted.
Need to amend to add in cgt supplement ( there will be a loss) so no penalties. Just write to HMRC?
Good afternoon all!
Any ideas for a specialism?
HMRC has launched new online learning resources for accountants, providing tips and advice on penalties for inaccuracies and failure to exercise reasonable care.
That's it...more of an announcement than a question... I have downloaded (on spare laptop) to test out the new features. Perhaps if anyone notices any issues they can report. Many thanks.
Would any on know where I could access an inheritance tax calculator to include clawback of gifts made in previous 7 years etc?
Your help would be greatly appreciated
Current UK client who is UK resident, Mr UK has a limited company selling hair products.