Tax

The government has updated the proposed gateway test for Controlled Foreign Companies (CFCs), with revised draft legislation following a “blindingly short” consultation.

Hello
Had a visit today from a person about house rentals.

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Does SDLT apply to the transfer of a property by an individual to a company by means of a Declaration of Trust which transfers beneficial ownership to the company. 

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For various income tax and IHT planning strategies, a partnership is to be set up for the principal's (adult) children.

2

My Self Assessment Tax Return is currently under enquiry and the Inspector has asked me to provide evidence of a cash gift from my parents (eg bank statement) even though it was transferred into my

1

I have a panicky client wanting to know why the £90k payment they sent to the Collector by direct transfer on 20 February is not showing on their Self Assessment record.   I have now been listening

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I have a Ltd Co Client who is deregistering for VAT as he is trading well below the registration limit.

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Morning all,

I submitted a VAT 652 to HMRC Liverpool the week before Christmas and havent heard a peep.  Is this normal?

2

If a sales person was to travel from home immediately to a customer's property should it be classed as business mileage for the purposes of deductions?

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Letting agent has always worked in the conventional manner as go between for landlord and tenant. He has now spotted an opportunity to increase margins as follows:

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