He has been using manual books for the last 40 years and has not used computers in his life.
Would a 65 year old using manual records qualify for MTD exemption?
Would a 65 years old sole trader using manual records at present manage to get MTD exemption because of his age?
Any idea please?
Can anybody recommend a good and cheap bridging software that submits vat returns from excel spreadsheet totals please? Raju
You can not off-set b/fwd trading losses against other income. You can only use it against future profits.
NO mention of MTD. Hell!!
It will cost the employers 4.9%. plus employers NIC on the 4.9% increase . nearly 6%
All budgets are politically motivated.
I do brain puzzles like Dudoku, Kenken and Kakuru etc.
If the director/shareholder has a valid commercial reason to run two separate businesses, he should not have any problems from the VAT man.