Former big firm tax manager. Former partner in 12 partner firm of CAs. Now working for myself.
Just thought I would mention that
That is very useful.
Unless it's a connected party transaction which would complicate the issue.
It may well do, Bungo.
Most of my clients do that but not all. You have to do the arithmetic based on your particular circumstances.
only the appropriate fraction of the capital allowances that reflect business use can be claimed by the wife.
There is no such thing as professional clearance
The process is merely a courtesy coupled with a request for information and copies of documents etc.
I issue quarterly VAT receipts to instalment payers.
I have to say that this is a pain in the posterior for small amounts. It seemed like a good idea when I was starting out, but 13 years later I am regretting the number of small cases who do this.
This job would be so easy if we didn't have any clients.
johngroganjga wrote:Why is the delay a problem?
My client would like to have a UTR.
DID you claim IAs?
There will be a balancing charge and possibly a question as to whether it was sold to him at undervalue, prompting P11d issues etc.