Thank you for your response. It is always intended to be for shares only, lots of correspondence about it and in fact all the share paperwork has been drawn up but there is one new investor who has caused a delay and the share numbers will not be correct once new investor is issued with shares, i.e latest round investors will not be expecting to dilute just because this person is investing at same values a month or two later which everyone is fine with.
I am now wondering if it is to do with the fact that my client has to purchase it initially from the supplier and then transfer title to finance company so does this make it a used asset at that point....
Hi, thanks for this. However, I thought an adjustment is only required if a later furlough claim has been claimed for and offset against a previous overpayment. i.e company received 10k, 3k was an overpayment. If a later claim was not paid and offset you would need to adjust for the furlough income to be 7k and not 10k, or is there a way to still claim for the unclaimed part (it only went through the payroll)?
Thanks all, definitely a technical area. The annexe has a kitchen, bathrooms etc. Seperate meters for gas and electric and met the conditions for SDLT at time of purchase
My answers
Thank you for your response. It is always intended to be for shares only, lots of correspondence about it and in fact all the share paperwork has been drawn up but there is one new investor who has caused a delay and the share numbers will not be correct once new investor is issued with shares, i.e latest round investors will not be expecting to dilute just because this person is investing at same values a month or two later which everyone is fine with.
I am now wondering if it is to do with the fact that my client has to purchase it initially from the supplier and then transfer title to finance company so does this make it a used asset at that point....
Thanks both, really appreciate it. They are purchasing and using the machine but just looking to finance it on a HP deal.
I appreciate that, so I am not taking what they say as a given but do you have any technical thoughts on this as to why they are incorrect?
Hi, thanks for this. However, I thought an adjustment is only required if a later furlough claim has been claimed for and offset against a previous overpayment. i.e company received 10k, 3k was an overpayment. If a later claim was not paid and offset you would need to adjust for the furlough income to be 7k and not 10k, or is there a way to still claim for the unclaimed part (it only went through the payroll)?
Big difference in tax though, 33.75% compared to 10%?
Thanks all, definitely a technical area. The annexe has a kitchen, bathrooms etc. Seperate meters for gas and electric and met the conditions for SDLT at time of purchase
Thank you both, I really appreciate it.
Thanks, but I wasn’t sure if there is such thing as part of a dwelling in a particular area?
That’s the bit that is confusing me!