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Where Taxpayers and Advisers Meet

Search found 69 matches

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by Herbs16
Wed Oct 24, 2007 4:15 am
Forum: Income Tax
Topic: Declaring Taxable Income
Replies: 4
Views: 1349

Hi
He needed to register within 3 months, a penalty of £100 may be implemented.

I recommend an accountant, my email is onlineaccountancy@yahoo.co.uk for a competitive quote.
Regards
by Herbs16
Wed Oct 24, 2007 4:08 am
Forum: Income Tax
Topic: Easy Question
Replies: 8
Views: 1585

Hi, I have just purchased a hair salon as an individual for £20k, now trading as a sole trader. This is goodwill only, how do I show this on the accounts?
Thanks
by Herbs16
Fri Oct 19, 2007 6:00 am
Forum: Business Tax
Topic: Business purchase
Replies: 1
Views: 661

Hi
I have just purchased a hair salon business and lease for £20k, how do I record this in the books. Is it fully tax allowable in the first year. I also need an accountant.
Thanks
by Herbs16
Tue Aug 21, 2007 3:43 am
Forum: VAT & Excise Duties
Topic: Vat on sales to USA
Replies: 3
Views: 1637

Hi, hope someone can help, I am UK based and sell services to America. All my sales are for web design and are paid in dollars to my paypal account. Do I have to register for vat?
Many thanks
by Herbs16
Thu Jul 26, 2007 5:12 am
Forum: Capital Gains Tax, CGT
Topic: House sale
Replies: 1
Views: 664

My mother transferred her investment property to me 2 years ago, if she lives for 5 years I asume there is no IHT, if I sell now will there be any CGT payable by me or mum?
Thanks in advance
by Herbs16
Wed Jul 18, 2007 2:54 am
Forum: Capital Gains Tax, CGT
Topic: Cgt/Iht
Replies: 5
Views: 986

hi
thanks
it was more than 2 years ago, the deed application hasnt gone through yet from mum to us.
by Herbs16
Wed Jul 18, 2007 2:09 am
Forum: Capital Gains Tax, CGT
Topic: Cgt/Iht
Replies: 5
Views: 986

I hope someone can help
My father died leaving my mun a 2/3 share in 2 houses, not ppr worth £250k, she has now passed them to myself and brother.
Assuming she lives for 7 years i assume there is no iht.
If we sell them now is there any cgt?
Thanks in advance
by Herbs16
Tue Jul 03, 2007 5:37 am
Forum: Income Tax
Topic: Expenses
Replies: 1
Views: 658

Hi
As long as it is wholly and necessarily for business purposes.
Regards
Colette

onlineaccountancy@yahoo.co.uk
by Herbs16
Tue Jul 03, 2007 5:30 am
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: Share in non qual trading companies
Replies: 2
Views: 649

Also if an individual owns a commercial property is this treated any differently for IHT?
by Herbs16
Tue Jul 03, 2007 5:28 am
Forum: Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
Topic: Share in non qual trading companies
Replies: 2
Views: 649

Are these treated as normal shares in IHT calculations?

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