Member Since: 1st Jul 2002
5th Nov 2018
In that scenario all shareholders would be entitled to share in any dividend declared - the starting position has to be on the premise that a dividend IS declared, otherwise as you say ordinary shares could never qualify.
In the alphabet shares scenario, the issue is that when a dividend is declared no shareholder has an actual entitlement to share in it - a dividend could be paid on just the A shares (for example), with none for the B or C shareholders.
10th Aug 2017
But if you know that the 'reply to' email address is genuine then the reply email should go to that address. As mabzden said, the only way a hacker could access that is if they have hacked their email system/mail server. Spoofing alone can't divert the response to the spoofed email received.
15th Jun 2016
I looked into this when tagging requirements changed a couple of years ago.
The requirement is that _if_ a detailed P&L is submitted with the tax return then it should be tagged, but there is no requirement to submit a detailed P&L.
Clearly, if it means that less information is available to HMRC when reviewing comps and accounts it may make an enquiry more likely so that they can get that information, but there is no obligation to submit a DP&L.
30th Jan 2015
I was born in 1972 but can't see a problem with this - I calculated in shillings to compare rather than pennies, but same difference really.
The extra channels point is really interesting - even at analogue switch off the frequency spectrum in use couldn't, allowing for overlaps between regions, handle more than half a dozen channels! I suppose they may have envisaged a cable network with distribution over the same frequency spectrum.
30th Apr 2010
The need to write to HMRC is to claim repayment of any s419 amounts paid in previous years, which is not repayable until 9 months after the end of the year of the write off. HMRC will often reject claims made before the 9 months is up and ask you to reclaim it later.
26th Jan 2009
Euan said "the company has no control over when the loan will be repaid."
Surely, in the absence of an agreement to the contrary [and how many of those have you seen] the company is entitled to require the loan to be repaid at any time. Certainly if it ended up in the hands of an administrator then he/she would be looking to enforce the company's right to recover the debt asap.
26th Jan 2009
Surely, if you were to treat the s419 as not recoverable and so write it off, are you not then saying that the directors "loan" account is itself not recoverable? Either the DLA is recoverable and so the s419 is also, or the DLA isn't recoverable. Since they are linked you cannot have one without the other.
If the DLA isn't believed to be recoverable then it can no longer be carried as an asset at full value and must be provided against. This could only be on the basis of director can't pay or debt can't be enforced, rather than won't pay because the loan will be written off, because if the company has already taken the decision that the loan will be written off then can it justify still carrying it as an asset at all, so shouldn't it actually write it off in the accounts? This would then trigger a tax liability on the individual.
28th Nov 2007
Along similar lines to Roger, although I thought that you should take the decorations down on 12th night, being 12 days after Christmas (and hence the 12 days of Christmas, which would presumably be 25 December to 5 January). Thus the Christmas period is 12 days.
It certainly hasn't started yet though! It's the difference between Christmas itself and being prepared for it. However, although the shops undoubtedly need to sell suitable goods in advance to enable you to be prepared, they don't need to have decorations up and canned Christmas music from October/early November.
As Roger said, it's still 4 days until the first Sunday in Advent.
25th Sep 2007
There isn't any reference in the original query to any advertising benefit being obtained.
7th Aug 2007
Indeed Mark - my car is one such, employer got 100% FYAs and BIK is ~£2,000 (and dropping next year). Fuel benefit would indeed be higher, but at 7 or 8p/mile cost it can be beneficial to claim business miles back at HMRC advisory rates giving a 5p/mile profit, rather than have fuel provided (obviously depending upon the level of business and private mileage).