blok
Member Since: 9th Jan 2010
Blogger
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30th Jan 2020
company is owned 70% by Mr A, 15% Mr B and 15% Mr C. Plan is that Mr A will retire over next 5 years and B will acquire his shares for £...
19th Dec 2019
Company has taken delivery of new Tesla car. Cost is 50k plus vat. Finance agreement is labelled hire purchase agreement. Deal is that...
1st Dec 2017
Company A and B are not part of a group but the shares are owned 50:50 by H&W. A had lent B money but it has been agreed that B will be...
26th Sep 2017
LLP Members are looking to appoint a liquidator due to insolvency of main customer and the bad debt £750k. Debts to HMRC for vat is c £300k...
12th Sep 2017
An individual owns land. He is also a partner in a farming partnership with his wife and adult children. They share profits as agreed...
7th Sep 2017
Company owns an commercial investment property recently valued at £1m. There is no debt, so the net assets of the company are c£1m also...
4th Apr 2017
A company has 100 A ordinary and 100 B ordinary shares. Both A and B shares have exactly the same rights - does that make them the same...
23rd Mar 2017
Individual owns a piece of land c2 acres which is used by his profitable personal trading company as a yard. The company has spent c£200k...
22nd Jan 2017
A company is a repayment trader and was receiving quarterly repayments of c £5k per quarter. It was party to a large sales transaction in...
20th Nov 2016
Just thinking out loud here. say - a sole trader with only one asset in the general pool. a van which cost £10k , tax WDV of Nil and MV of...