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Where Taxpayers and Advisers Meet

Search found 5 matches

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by Unclened
Sat Nov 09, 2019 12:57 pm
Forum: Property Taxation
Topic: Quick query on SPV to purchase investment property
Replies: 2
Views: 676

Quick query on SPV to purchase investment property

Hi all, I am an additional rate tax payer and my spouse is an unemployed home maker. I am thinking of setting up an company/SPV to invest excess savings into a residential investment property, that I would ultimately like to gift to my children when they are 25ish (currently 9 & 7). I am flexible as...
by Unclened
Fri Feb 15, 2013 12:04 am
Forum: Income Tax
Topic: Income Tax and Partnership Return
Replies: 3
Views: 316

Re: Income Tax and Partnership Return

thank you for the advice. i ended up submitting the partnership with the nil return and left the income in my wifes self assessment. Not happy, will be looking for a professional accountant to sort everything out from now on :cry:
by Unclened
Tue Feb 12, 2013 1:22 pm
Forum: Income Tax
Topic: Income Tax and Partnership Return
Replies: 3
Views: 316

Income Tax and Partnership Return

Hi, My wife and I run a part time photography business. I pay tax at 40% threshold and my wife is a full time mum otherwise. In addition to completing our first self assessments recently, we just wanted a few pointers on our partnership return. As I work full time and don't input into the photograph...
by Unclened
Thu Sep 30, 2010 9:46 pm
Forum: Business Tax
Topic: Looking for advice on Sole Trader structure
Replies: 2
Views: 390

Re: Looking for advice on Sole Trader structure

any contracts with clients, equipment insurance, professional indemnity, public liability must be in her name too right? I am thinking that would create a lot of bother because people would always ask why the contract is with her and I am the one turning up and meeting them.
by Unclened
Thu Sep 30, 2010 12:06 am
Forum: Business Tax
Topic: Looking for advice on Sole Trader structure
Replies: 2
Views: 390

Looking for advice on Sole Trader structure

Hi guys, I earn 43k a year (does that make me a high rate taxpayer?) and I would like to startup a small photography company with my wife who is a fulltime mum. We do not expect to make more than £7k-£10k a year. We would take it in turns to go out and photograph weddings with the view for it to bec...

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