By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
Professional bodies don't normally get involved in fee disputes. They believe that you should he pursuing fee disputes through the courts. They may however be interested in his behaviour bringing the profession into disrepute but you would probably need far more supporting documentation than you...
I'm not sure that anyone has disagreed with you about what SHOULD be happening. The problem is finding someone to complain and then getting HMRC to do something about it
Firstly, it would be a good idea to removed your company name from your UKBF profile :cool:
The Spongebob plan may work for you but your accounts filed at Companies House suggest that you paid what were technically "illegal" dividends in the period to December 2014.
Dependent upon the amounts...
They're both saying the same thing o_O
They are both saying that the cost would reduce your taxable profit not your actual tax. You Pay tax on your profits if a company at 20%. Profit of £50,000 Tax at 20% would be £10,000.
Buy an assets eligible for AIA costing £10,000 will reduce your profit...
It doesn't "come of my corporation tax". It reduces your profits chargeable to corporation tax and assuming you pay CT at 20% will reduce the amount of tax due on your CT profits by £1,666 x 20% i.e. £333
Sorry @johndon68 Should have said. Checked the company filings at Companies House. No changes to shareholdings or directors. Nothing has changed since the OP first posted
What are the "current asset investments" on your accounts as these will impact upon the value of the shares. If they represent a realisable asset, then clearly, in the absence of a shareholder agreement, the 10% shareholder is unlikely to want to give up his shares without receiving a payment...
The problem @Ian J is that the reason that that response is given is that there is insufficient information provided. In those cases, the best response is often that they should consult a professional to whom they can provide all of the necessary information about their personal circumstances...