If yes - no online property return needs to be done for the CG as the gain it's not taxable.
If no - no online property return needs to be done anyway.
If other asset (or resi infact) was the disposal in question then there is no obligation to report the gain where:
1. CG is less than the AEA AND
2. Proceeds less than 4x AEA
Note the "and". I'd say that the client needs to report the gain on that basis.
My answers
She is allowed to claim PRR for the period she lived in when it was her main residence and an additional 9m.
Quickbooks does this with their "classes".
And they could also be above the pensionable age where class 2 is not collectible.
Yes it is the same, gets the same results and you can do either.
On a larger scale though where it may not be as easy to track stock to individual sales then the opening plus COS less closing stock is simpler.
Not got experience with recruiting at the moment but personally, I think your salary is perfectly reasonable for what you are requesting.
I think it's slightly above the going rate for 3y experience.
I'd first ask why does the friend want you or anyone to sign an invoice anyway?
Paypal transaction history
Is this for a residential?
If yes - no online property return needs to be done for the CG as the gain it's not taxable.
If no - no online property return needs to be done anyway.
If other asset (or resi infact) was the disposal in question then there is no obligation to report the gain where:
1. CG is less than the AEA AND
2. Proceeds less than 4x AEA
Note the "and". I'd say that the client needs to report the gain on that basis.
Thank you Andy
Just thought whilst writing this out..
Is this due to the fact that it's the employer making the £40K contribution and therefore the relevant earnings are not relevant?
Whereas the individual/taxpayer could only make a personal contribution of up to £12.5K (their relevant earnings)?