My client had wanted to set up in partnership with his wife, but his main customer would not allow it (issues around client confidentiality or some such). He would not like to set up a limited com
Company X has several shareholders. One of these, Y, holds more than 50% of the voting (and only) issued share capital.
father bought residence having divorced from wife in 1999. then a few months later is reconciled and moves back in with ex wife and son leaves home and moves into into dads house. eventually mum
The limited company pays for a broadband connection at the home office (place of trade) where both directors use it privately and for business. Business use is estimated at 80%.
OK, maybe I'm expecting too much but.... client received a letter today from HMRC demanding £15k plus interest on pain of all sorts of dire consequences because 2009/10 PAYE remained owing.
I am responding to an enquiry notice raised by HMRC into a personal tax return for 2008-09 which includes a self-employment source (year ended 31 May 2008).
Client submitted return (by post) and paid VAT on time. Cheque (sent with the return) has cleared bank.
lost my marbles today - have completed online filing form for client whose return has been completed.
Our client is a beneficiary under his fathers will and is due to inherit shares in a family company.