Just when does a hobby become a trade?
In submitting an SA for the costs of a business van can someone please comment on/clarify the following areas please :-
Any help with the issues surrounding the following scenario would be appreciated:
Deputy prime minister Nick Clegg has suggested in an interview with
We are dealing with a company which has failed to file accounts for a number of years and Companies House is now wanting to close it down. This all seemed to follow the normal process until HMRC s
I have a client who is due a refund of tax for the 2010/11 tax year. He is in a business property partnership where he has claimed a loss on capital allowances in line
We have received an invoice from a company (registered for VAT in Germany) in Germany with VAT on it at the German rate (19%), however the goods have not left Germany so we have treated it as an ad
We have just picked up a new client who has around 15 properties which him and his wife are renting out. Total assets are well over £1m.
I have an existing limited company client selling standard rated goods but under the threshold at mo. (t/o [£80k] £30k - see comments below).
I know this quite a specialist subject but....
My limited understanding of fraud is that it is essentially the misappropriation of funds for personal gain.