Perhaps your partner in the UK could open a business bank account in a different limited companies name with 100 shares and then, once the account is opened, you could buy 85 shares off him? Of course you would have to tell the bank and they might close the account then so maybe that wouldn't work.
Maybe as someone else has said ask your bank in Italy if they can help you set up a UK bank account?
Another option if all else fails could be to have a UK personal bank account and run your business from that on behalf of the limited company.
Are you mixing up auditing and accounting. If accounts need to be "prepared" then that is accounting.
It is normal for audit fees to be fixed if you present completed statutory accounts and the reputable (medium sized) auditors I have experience off have not sought to ever increase audit fees if they are presented with decent accounts.
However accounting fees for preparing accounts are a different matter and are more likely to be variable.
Well you could if your property business or your accountancy business was a seperate legal entity such as a limited company. Then there could be a legitimate reason to do so.
Send out a new engagement letter setting out appropriately high charges for travelling time and mileage in your posh car, then at least you will enjoy raking it in if your client has the impertinence to invite you to visit their premises.
I'm not really up-to-date on car finance arrangements but I've not heard of a hire purchase deal like this but it may of course be possible, but is the balloon payment capital or just a charge?
Anyway assuming it is an HP Agreement then of course you can capitalise the capital cost and releive it with 100% AIA (assuming it is a new car) and then the interest payments and balloon payments are revenue costs
My answers
Perhaps she's just realised she's not an accountant after all.
Perhaps your partner in the UK could open a business bank account in a different limited companies name with 100 shares and then, once the account is opened, you could buy 85 shares off him? Of course you would have to tell the bank and they might close the account then so maybe that wouldn't work.
Maybe as someone else has said ask your bank in Italy if they can help you set up a UK bank account?
Another option if all else fails could be to have a UK personal bank account and run your business from that on behalf of the limited company.
Are you mixing up auditing and accounting. If accounts need to be "prepared" then that is accounting.
It is normal for audit fees to be fixed if you present completed statutory accounts and the reputable (medium sized) auditors I have experience off have not sought to ever increase audit fees if they are presented with decent accounts.
However accounting fees for preparing accounts are a different matter and are more likely to be variable.
Well you could if your property business or your accountancy business was a seperate legal entity such as a limited company. Then there could be a legitimate reason to do so.
Send out a new engagement letter setting out appropriately high charges for travelling time and mileage in your posh car, then at least you will enjoy raking it in if your client has the impertinence to invite you to visit their premises.
Yes now that you explain it the final payment is capital however you can claim AIA on the full capital cost at the date of the start of the agreement.
I don't think there would be a problem claiming capital allowances on it, like I assume you do with the van.
Consult a solicitor.
I thought Agents couldn't use HMRC,s CT online software or has something changed.?
I'm not really up-to-date on car finance arrangements but I've not heard of a hire purchase deal like this but it may of course be possible, but is the balloon payment capital or just a charge?
Anyway assuming it is an HP Agreement then of course you can capitalise the capital cost and releive it with 100% AIA (assuming it is a new car) and then the interest payments and balloon payments are revenue costs