If it is reference to a holding company guaranteeing subsidiary liabilities where the subsidiary has not been audited then YES the lease liabilities are part of it, whether on the BS or not.
Interesting....I was with you?!
So if you revalue a property you pay tax on the uplift?? I think not....
Common practice = P&L
Superannuation goes as an expense in the accounts but is then added back in the business tax computation, and then claimed as a deduction on the personal tax return.
I moved from big to small. The culture is obviously totally different and you need to tread carefully early on. If you have sound basic and underlying knowledge, which will include double entry (!), then you can pick up a lot of the other stuff quite quickly. You need to have a good work ethic and be prepared to learn but you also need to bring something to the table too...I am sure you must have various transferable skills.
Isn't it an exemption not an allowance?
They now match the size criteria rules
White space ok but HMRC won't be fussed given it is more tax for them......
Hmm I am not sure pricing works like that...he adds VAT because he has too. If he did not have too I doubt he would notionally decide to charge 20% more than he might ordinarily do.
So you are assuming the same total price being charged, if VAT registered or not?