where a return has not already been submitted. Presumably you need to make it clear to them that you are not asking for the 12-13 return already submitted to be withdrawn, just for the client to be removed from the system for the future.
If they have already issued a 13-14 return in the main run on 6/4/14 then as for that to be withdrawn under s8B
SAM120115 - Returns: return issue: withdrawing a notice to file
and
CH61700 - Penalties for failure to file on time: in what circumstances is a penalty payable: withdrawal of obligation
or indeed TMA s8B as added by FA 2013 Sch 51 (3) although possibly you wil be unsuccessful there as the return has already been made?.
For ValB12 all you can do is appeal on the grounds that there was a reasonable excuse due to the wife's illness - is that really so - and that the situation was rectified as soon as the reason (illness) ceased, and hope.
Taxation of letting income does not quite work on the basis of 'I'll report the net profit over the 11 years of ownership to HMRC when I sell'
Presumably 'talk of reduction of CGT because of periods a property was late' [?let?] is a reference to lettings relief on disposal of a main residence. It has never been your residence. It does not apply.
My answers
Find and replace (Ctrl+h)
Find: 2012
Replace with ;2012;
Repeat for 2013, etc
Data: Text to columns with the delimiter ;
That ought to do it
Try to avoid getting too deeply involved
with family & friends.
Do father & SWMBO's SATR's and will chat about issues if asked, but otherwise tend to decline.
CIoT require one to hold PII cover against pro bono work, and that can be obtained for around £6/month
Presumably these are not
high earners who have been drawn into the HICBC charge and are now suffering a full years deduction?
He'll be calling you a filthy Acco next ...
... see HERE. A very strange series indeed, but this one did make me chuckle at the 'feral accountants' :)
Looks ok using round years
and even ignoring the renovations, which may or may not be capital and allowable.
Gain £100k
PPR 100k x (18 + 1.5)/25 = £78k
Gain after PPR £22k
Letting relief lesser of
£40kGain re letting - 100k x 7/25 = £28kNet gain £22k
Which would seem to leave Nil assessable
The s8B rules operate
where a return has not already been submitted. Presumably you need to make it clear to them that you are not asking for the 12-13 return already submitted to be withdrawn, just for the client to be removed from the system for the future.
If they have already issued a 13-14 return in the main run on 6/4/14 then as for that to be withdrawn under s8B
To the OP - refer to
SAM120115 - Returns: return issue: withdrawing a notice to file
and
CH61700 - Penalties for failure to file on time: in what circumstances is a penalty payable: withdrawal of obligation
or indeed TMA s8B as added by FA 2013 Sch 51 (3) although possibly you wil be unsuccessful there as the return has already been made?.
For ValB12 all you can do is appeal on the grounds that there was a reasonable excuse due to the wife's illness - is that really so - and that the situation was rectified as soon as the reason (illness) ceased, and hope.
... and you're sure all those expenses
were allowable against rental income are you?
Taxation of letting income does not quite work on the basis of 'I'll report the net profit over the 11 years of ownership to HMRC when I sell'
Presumably 'talk of reduction of CGT because of periods a property was late' [?let?] is a reference to lettings relief on disposal of a main residence. It has never been your residence. It does not apply.
Why would a copy return have an original signature on it?
Still let's hope that this time you make more progress.
That you get a different person with a different view each time can only be frustrating ... 'it's not like it was in my day' etc., etc..
Sorry
Trying to add replies from a tablet and the formatting is impossible :(