Member Since: 29th Jun 2004
9th Sep 2019
There's been no chargeable disposal, so there's no chargeable gain on which to pay corporation tax.
20th Aug 2019
20th Aug 2019
I'm certainly not looking to enter into an argument with you as I do agree in principle with your view that we humans tend to regard ourselves as superior to animals (despite the fact that we are animals ourselves), but have you ever swatted a fly or killed a wasp?
7th Jun 2016
With apologies if I'm probably missing the point but doesn't the wording preclude relief for repairs to furniture if W&T is being claimed?
Can my client, who is claiming W&T (prior to 6 April 2016), not claim for e.g. recovering of a sofa, a cooker element, a washing machine repair a broken table leg etc. etc.?
9th Apr 2016
So the legislation starts on 6 April 2016, the guidance (which is required by the legislation) is incomplete, and people can go to prison for non-compliance.
It just gets worse and worse.
7th Oct 2014
More or less than employees?
I wouldn't want to upset any employees who are paid less. I especially wouldn't pay a rate greater than that paid to the employee who is going to review the sub-contractor's work.
(Bit of an historical sore point for me.)
17th Jun 2014
bernard michael wrote:
I think we ought to have this as a header statement on the Aweb home page along with the other 5 top answers
Thanks for your comment "bernard michael".
It seems that I need assistance with how to perform a search of this site as when I searched for "Does a director need to complete a tax return" I found nothing of use. Could you help me out please?
But actually I was looking for a statutory reference. I assume from your post that there isn't one.
10th May 2014
Steve Kesby often provides accurate and useful posts.
Having considered your own query I think you did come to the correct conclusion with the Director assessable in 13/14. I wonder how many others wouldn't have made the RTI submission "today"? I wouldn't have.
For mine, s686 was the clincher. I was trying to argue that the date of physical payment (4 May), being after the official pay date, was the important date as far as the timing of the RTI submission was concerned, but s686 means that I was incorrect. The RTI submission was triggered on 27 April, assuming that I was correct in considering that date to be the date of entitlement.
As guided by other respondents, I'm introducing a cut-off date and changing the calculation date to the date the staff are physically paid. The RTI submission will be before that date.
Thanks again to everybody.
7th May 2014
Feedback and clarification please
Very many thanks for the responses from all of you, particularly the detail you've gone into.
"14931125" - I think we have the same issue, just with different dates.
"tebthereb" - I rather thought that the date the employees were entitled to their wages remained 27 April which is why I processed for week 4. I had assumed, though seemingly incorrectly, that the agreement to delayed physical payment, affects only whether the RTI submission is late or on time. Are you quite confident that entitlement occurs on 4 May please?
"stepurham" - good practical suggestions - many thanks. I particularly like the idea that the setting aside of cash in an envelope constitutes payment; sometimes I can't see the wood for the trees!
It looks like where I have gone wrong is thinking that the "date of payment" for RTI submission timing is ALWAYS the date of physical payment, forgetting, or not realising, that delayed payment even under informal arrangements affects the week or month for which the payroll must be calculated.
5th May 2014
OP's post of 04/05/2014.....
... is not a good way to obtain the additional help he's looking for.
I won't be wasting my time any longer.
Well done though for wanting to learn how to keep your accounting records. There are many small business owners out there that just can't be bothered to acquire such knowledge.