Member Since: 8th May 2001
17th Feb 2017
Our Sister Company Proactive Law Limited based in Belfast would give a fixed fee quote
24th Jan 2017
Would have thought interest up to 12% pa acceptable. Might have to complete CT61 forms?
Might think about going back 6 years too if it makes sense from a personal tax /company deduction perspective?
6th Jan 2017
You will need to write to Customers and Suppliers advising of change of status. Also don't forget to advise Business Insurers. Make sure customer receipts paid into old Sole trader account in error reinvested in New Co to avoid overdrawn DCA.
29th Mar 2016
INCREASING DISTRIBUTABLE RESERVES-R&D
A long shot I know but if the business involves R&D and this had previously been written off against P&L you could lool at capitalising via a PYA? (Trading period would need to be pre Dec 2015 as FRS102 specifically bans this-I think!)
20th Feb 2016
Use carry forward provisions to use up previous 3 years unused allowance and if married(for instance) , include spouse as member of SSAS to do same thing-with borrowings you can easily reach the £300k required (but of course subject to it being non residential).
19th Feb 2016
The query did not specify "residential" use so the commercial property could be being used for (say) another sole trader business used by the Director?
19th Feb 2016
Profit extraction-SSAS is answer
If it is a commercial property-Form a SSAS and make maximum contributions with rest borrowed. Perfect solution from tax perspective and also going forward.
8th Feb 2016
I think https://www.profitcents.co.uk could be what you are after? Easy to use and produces some nice reports.
18th Jan 2016
R&D Tax Credit specialist
Have used Geoff Pepper of MPA Group for my own Computer software House claims for a number of years-First class.
19th Nov 2015
Hi Marion-Wait until your claims come to more than your premium-You will not see them for dust!