A partnership incorporated about a year ago and sold goodwill to the new company creating sizeable directors loan accounts.
I know this one has been done to death in general, but I have been thinking about a couple of situations for use of home expenses that will apply to some of my clients (and indeed myself).
On the P11D checklist it says " Note blackberrys/pdas/iphones are reagrded as computers and may not qualify under phone exemption".
I own a let property jointly with my husband, as joint tenants.
A colleague has asked me a question and I am not sure of the answer.
The taxman has expanded a trial scheme to resolve disputes with small and medium-sized enterprises more quickly and cheaply.
Client of mine has bought a car in Finance Lease (NOT HP). The car is purchased in the Partnership name and he pays £363/month.
I wonder if you might be able to help.
I am an Accountant, but this is not something that comes up often.
My UK based VAT registered client company develops and sells bespoke business software to a Republic of Ireland based reseller (also VAT registered).