If they're not generating any income in April/May has the trade already ceased then? If so, any pension contribution in that period might well be post cessation expenses, which probably won't be relieveable unless there are post cessation receipts to set against it
Just as an update, still not come through, so phoned HMRC yesterday and yes, there was a signal against my record which has now been cleared so I am promised I will receive the repayment now!
Submitted my own personal tax return at the end of December. Due a repayment and checked my own PTA today to see the credit was still sitting there, so had to claim the repayment again, which I have now done so. Did look at the copy of the tax return info I submitted and yes I did give them my bank details, so it looks like HMRC are not processing repayments based on the original return submission, but waiting for their "customers" to claim their repayment after the return has been processed.
Watched it up until about 1am, saw that the first results were generally in line with the exit poll. Not entirely surprised by the result but mightily relieved we've avoided having a hard line marxist government. I'm a Londoner born and bred and living in London which is still surprisingly loyal to Labour, but understand that traditional Labour voters in the North and Midlands felt totally disconnected from the current Labour party.
I personally believe the seeds of Labour's devastating loss were sown when they appointed the wrong Miliband brother to lead them into the 2015 election. If Labour have any sense, they will arrange for David Miliband to be swiftly returned to parliament at the first available by election and bring him back as leader.
The next election in 2024 will be interesting as the Conservatives will be judged on how (or if) they delivered on their promise to get brexit done and the impact it has on the country. There won't be (or at least shouldn't be) a Brexit party to take the Labour votes like they did yesterday.
Don't think so. My wife worked at the time for one of the large US tech companies and was compelled to go into work on 1 January 2000 in case the skies did fall in. They didn't and it was a complete non-event and a total waste of time for everyone. It was completely over-hyped by everyone.
My wife wasn't happy at having to miss out, while the rest of us went out for a lovely new year's day walk.
And no, I can't tell you what the outcome was as I no longer work at the same firm and the outcome has long since disappeared into the dim recesses of my memory! Sorry
My answers
Thanks, this has made my Friday afternoon - obviously so good I posted twice, sorry!
Thanks, this has made my Friday afternoon
If they're not generating any income in April/May has the trade already ceased then? If so, any pension contribution in that period might well be post cessation expenses, which probably won't be relieveable unless there are post cessation receipts to set against it
Just as an update, still not come through, so phoned HMRC yesterday and yes, there was a signal against my record which has now been cleared so I am promised I will receive the repayment now!
Thanks "Not Anonymous", I'll give it a couple of weeks and if nothing comes through, I'll give them a ring and see if there's a problem
Submitted my own personal tax return at the end of December. Due a repayment and checked my own PTA today to see the credit was still sitting there, so had to claim the repayment again, which I have now done so. Did look at the copy of the tax return info I submitted and yes I did give them my bank details, so it looks like HMRC are not processing repayments based on the original return submission, but waiting for their "customers" to claim their repayment after the return has been processed.
Watched it up until about 1am, saw that the first results were generally in line with the exit poll. Not entirely surprised by the result but mightily relieved we've avoided having a hard line marxist government. I'm a Londoner born and bred and living in London which is still surprisingly loyal to Labour, but understand that traditional Labour voters in the North and Midlands felt totally disconnected from the current Labour party.
I personally believe the seeds of Labour's devastating loss were sown when they appointed the wrong Miliband brother to lead them into the 2015 election. If Labour have any sense, they will arrange for David Miliband to be swiftly returned to parliament at the first available by election and bring him back as leader.
The next election in 2024 will be interesting as the Conservatives will be judged on how (or if) they delivered on their promise to get brexit done and the impact it has on the country. There won't be (or at least shouldn't be) a Brexit party to take the Labour votes like they did yesterday.
Don't think so. My wife worked at the time for one of the large US tech companies and was compelled to go into work on 1 January 2000 in case the skies did fall in. They didn't and it was a complete non-event and a total waste of time for everyone. It was completely over-hyped by everyone.
My wife wasn't happy at having to miss out, while the rest of us went out for a lovely new year's day walk.
You'd have to watch out for the National Minimum Wage threshold to ensure that the salary doesn't drop below that level
If it's any help, I raised a question on this a few years ago here https://www.accountingweb.co.uk/any-answers/furnished-holiday-let-days It may not answer your question exactly, but might help.
And no, I can't tell you what the outcome was as I no longer work at the same firm and the outcome has long since disappeared into the dim recesses of my memory! Sorry