sammerchant
Member Since: 17th Jul 2006
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Sam Merchant
7th Apr 2020
A client has guaranteed the overdraft run by his one-man engineering company. Since Brexit his turnover has dwindled to almost nothing. He...
1st Apr 2020
Having had a dismal year, a client, upon my advice, changed his year-end from 30 April to 31 March and was assessed to 23 months profits...
9th Mar 2020
Kudos to Deloitte! I found this very helpful when submitting Tax Returns for a client for the years from 2008/2009 to date: https://www...
4th Mar 2020
A new client has not submitted Tax Returns for the last 10 years. Basically, his artisan business suffered greatly from the recession that...
4th Nov 2019
British taxpayer non-resident in 2018/2019. All income arises in UK and comprises state & other pensions and lettings income. Tax...
28th Oct 2019
It is frightening that we cannot advise clients, relying upon published HMRC guidance, without the danger of this being contradicted by...
24th Sep 2019
Client (fully VAT registered) bought a violin bow from a dealer and was invoiced and charged VAT at the full rate. This was never used and...
29th Jul 2019
Client has some unused Personal Allowance but may it be set against a substantial Capital Gain? I have never come across such a case before...
28th Jul 2019
Can two individuals enter into a joint venture agreement? They do not want the expense of a limited company or a partnership as both have...
24th Feb 2019
I've had conflicting views from some of my peers. Others are just as confused as I am. Is the year determined by a) the company's annual...