Hi
Having just been through Tax investigation and now arrived at the last milestone, I have been asked to complete a Statement of Personal Assets and Liabilities, and Business Interests form (MS142).
I am reluctant to complete this form because I remember very clearly the words of the inspector, which were do NOT sign the form if you are unsure about it.
The questions I have are:-
Should I complete this form? Is there anything I should be aware of? The forms have questions in there about our children goods, Investments, collections etc . To be honest ( in the moveable property section) I am not sure how much detail to put in, for instance 6 dining chairs, a Vacuum cleaner, TV and teh list goes on.The otehr stuff like Land etc is straight forward as I do not own anything else.
Oh both my wife (company secreatary) and I ( Director) are the business owners. So do I only include my stuff?
I would appreciate any guidance on this subject. I am sure I shall more questions as we go along.
Speak soon
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