What is the correct accounting treatment for a contract settlement ...
...A contract settlement was agreed in respect of a client under CT enquiry. The settlement included CT, Class 1A NI, s419, interest and penalties. How...
https://www.accountingweb.co.uk/any-answers/what-is-the-correct-accounting-treatment-for-a-contract-settlement
Self Employed use of bicycle for transport | AccountingWEB
...Hi I am self employed work from home & often use a bicycle to get to the post office, bank, shops, meetings & other journeys.......
https://www.accountingweb.co.uk/any-answers/self-employed-use-of-bicycle-for-transport
How to register a Self Administered Pension Scheme for PAYE
...Can anyone please advise how to register a SSAP pension scheme for paye? My employer is about to start drawing on his pension scheme, he is the scheme...
https://www.accountingweb.co.uk/any-answers/how-to-register-a-self-administered-pension-scheme-for-paye
Tax treatment of grant used to purchase fixed assets
...Tax treatment of grant used to purchase fixed... Client provides professional services to disadvantaged clients. Client's government funding agency provided a lump sum grant for the purchase and installation of IT equipment. I would be grateful for advice on the tax treatment of these transactions ......
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Transfer of property from trading stock into fixed assets
...Transfer of property from trading stock into... A Company whose main activity is that of holding properties for commercial rental also owns a further property which was acquired for renovation. The initial intention had been to do up this property and then sell it. As such the cost value of the ......
https://www.accountingweb.co.uk/any-answers/transfer-of-property-from-trading-stock-into-fixed-assets
Accounting for a late filing penalty in year end accounts
...Hi, I own a small business and last year I received a late filing penalty of £750....
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Does a directorship with no income need to be included on self ...
...Does a directorship with no income need to be... A client is in full time employment (elsewhere) but is also a director.shareholder of a small company that has not made any profits yet, and from which there was absolutely no intention of taking a salary, and no other employees, a PAYE scheme has not ......
https://www.accountingweb.co.uk/any-answers/does-a-directorship-with-no-income-need-to-be-included-on-self-assessment-tax-return
Capital allowances - when can you claim | AccountingWEB
...Purchase of machinery financed by bank loan (not HP). 20% deposit paid two days before year end when signed order placed with supplier. Balance paid...
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How to report benefits provided by third parties - AccountingWEB
...In some cases these are reported on form P35, and in some the provider of the benefit makes a report to HMRC. When is a third-party benefit taxable? Benefits provided to an employee by someone other than the employer are taxable on the employee if they are provided by reason of the employment (S201 ITEPA 2003)....
https://www.accountingweb.co.uk/business/management-accounting/how-to-report-benefits-provided-by-third-parties
P11d and P46 for the treatment of company cars - AccountingWEB
...I have also been reading into reporting the private use element of a company car. If you report on a P46 and then also report on P11d are you not reporting the benefit twice, I'm assuming HMRC will adjust your tax code immidiately for the P46. Is there a chance that HMRC would duplicate counting ......
https://www.accountingweb.co.uk/any-answers/p11d-and-p46-for-the-treatment-of-company-cars