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Jan Hobbs
Member Since: 30th Sep 2014
Blogger
Likes: 0
Thanks: 4

Sole practitioner for 25 years and now in an LLP with my daughter.  I am a FCPAA and my daughter is AAT.  We have a client base of around 300 clients from sub contractors to £1m turnover retail businesses.

Jan Hobbs
Managing Partner Hobbs Thomas & Co LLP
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5th Jul 2022

Profit on disposal

For several years my client has claimed mileage rather than actual expenses for motor running costs. He has now purchased a new vehicle...
4th May 2022

Company Share Purchase Scheme

My client aquired shares via a Company Share Purchase Scheme where salary was used to buy shares each month. The original tranch was...
16th Jul 2020

How do you repay a furlough overpayment to HMRC?

We have a client who has received quite a large furlough payment in respect of employees in a childrens nursery. They have now discovered...
29th Apr 2020

Property companies and capital gains

Our clients are an LLP and their business is buying, renting and selling properties. We are currently doing their year end accounts and as...
14th Jan 2019

AIA on new van purchase

Our client uses mileage for claiming motor expenses. In 2017/2018 he purchased a new van and as far as I know mileage also accounted for...
31st May 2018

VAT on purchase of a new HGV vehicle.

We have a client who runs a transport business - just two HGV vehicles which he has recently renewed. The VAT is £13,000 on each lorry, net...
23rd May 2018

Our client has moved to USA for at least five year

We have a client who has moved to the USA for a least the next five years. As we understand it, he will not have to complete an SA100 for...
23rd May 2018

Are shareholders funds taxable?

We have an owner director who is retiring and closing down his Company. There will be around £30,000 in the Company account when closed. If...
23rd Aug 2017

LLP WITH NO INCOME

We have a client who has set up an LLP for sharing the ownership of a yacht. There is no income for this business and the expenses are...
27th Oct 2016

Housing Development

A new client owned a piece of land and decided to build 4 new houses on it. He incorporated a company, sold the land to the Company and...
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