Member Since: 2nd Apr 2013
14th Jun 2017
I've looked, but couldn't find anything specific to the original return going in late.
2nd Nov 2016
I suspect the client has personal items he want to store (not sure why, as he lives in a hall and rents another hall out), and he has rented a commercial premises to pretend its a business and therefore try to claim the storage costs against his tax. Its the type of thing he'd do!
With regards to s.74 thank you. This is exactly what I was looking for. I thought there was something along these lines, but couldn't find it. Cheers.
31st Oct 2016
I suspect he's rented a commercial premises to store some of his personal items.
When I've asked him what its for, he told me it was for a business his wife & he have started. For 2014/15 he told me there was turnover of £350, but for 15/16 there is nothing. I'm sure he will want to include the running costs to create a loss to against his other income.
7th Apr 2016
As I don't have many payrolls, I thought I'd send the HMRC email to let them know no Class 1A is due, should only add a couple of minutes to the year end. So far I've sent 2, and I've received an acknowledgement for the second one, but not the first!!!
Isn't technology supposed to make life easier?
6th Apr 2016
What's the purpose of the structured email then?
16th Dec 2015
I thought about phoning HMRC again and asking if he'd set himself up as sole trader or partnership. If they say sole trader, I can just ask if he's involved with anything else? If they say no, I'll note details of the phone call in case they try to chase him for penalties regarding the partnership.
16th Dec 2015
Don't know what was on partnership registration
I spoke to HMRC and there is a partnership set up, but they couldn't tell me anything else as I'm not authorised for the partnership.
Spoke to HMRC about existing parter and was told he wasn't linked to any partnership.
I can file the existing partners SATR leaving the partnership off it - there'd be a loss anyway. But I don't want him lumbered with late filing penalties for the partnership return.
20th Nov 2015
4th Nov 2015
Invoicing his own company + VAT when his company can't reclaim it?
So is losing 20% as VAT straight away?
Are you sure this all works out correctly?
Yes, he's invoicing his own company + VAT and the company can't claim it!
He's one of those clients that thought he can do it all himself and then realises he can't. He first contacted me last week and the company's Y/E is Nov 14! He paid a subcontractor, but hadn't registered for CIS and I suspect (not seen the actual figures) that the company went over the VAT threshold some time last summer.
4th Nov 2015
He wants to put an expenses claim in to the company (as though he was an employee), just to reimburse expenses he's incurred. Surely, as he isn't an employee he would have to invoice the company from the sole trader business.
The sole trader is VAT registered, the company isn't.