My Client is a small residential developer. We have recently bought a property to refurbish.
If an LLP has 4 partners and two of those partners set up companies to receive their share of the partnership profits the two partners are effectively transferring their interest in the LLP to thei
I've received the a copy of accounts and comps from the previous accountant and noticed £5,000 of pension contributions.
What is the base cost when you inherit a property? Is it the original cost or the market value when inherited?
Thanks in advance!
I know a lady – a former colleague in fact – who worries incessantly about her tax affairs and phones me up about income tax or inheritance tax, neither of which is going to cause real problems
Lady is employee of company A. Currently on maternity leave and getting SMP.
She is also director of (unrelated) company B.
A group of neighbours regularly run events in each other's houses to have a good time and raise money for charity.
where a pension contribution is made via a employers pension scheme (via civil service payroll deduction) is there any further tax relief avalable in terms of extending the higher rate tax threshol
Before everyone bunks off for the Jubilee weekend, I’m curious to know how many AccountingWEB members spend their spare time listening to work-related podcasts.
I have 2 clients who were formerly employees of a building firm up to 5/4/11 and on the 6/4/11 were made partners of the firm, an LLP. We do not act for the LLP.