Recent content by firework

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    Exchange of labour

    Thank you. The point there will be no income and expenses as it is an exchange of labour for labour and not an exchange of cash for labour.
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    Exchange of labour

    Company A sometime needs a days labour from company B and vice versa. Rather than raise invoices, is it acceptable that company A will give a days labour to company B in exchange for a days labour? It reduces admin and turnover which can be helpful. However, would HMRC have an issue with...
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    Mileage claims over multiple companies

    Thank you for the replies - Am I correct in summarising - 2 directors can each claim 10,000 miles at 45p - then 25p thereafter. What if they both do separate trips individual in a shared private vehicle? Is it the vehicle that is allocated the miles or the director? If directors then 1...
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    Mileage claims over multiple companies

    Thank you " It's with the same employer.It's with employers who are under the same control." Would this include two directors being directors of all 4 companies?
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    Mileage claims over multiple companies

    Hello My wife an I are directors of 4 companies, we use our private vehicles carrying out work for these companies. I am seeking clarification regarding the 10,000 miles that can be claimed at 45p per mile. Is this: Per director - so 10,000 for each director divided between the companies? or...
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    Business on holiday

    Thank you for the replies. My business is food sales and we are a limited company. The business side of the trip would be meeting suppliers, making purchases and taking home samples.
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    Renting a vehicle from the company.

    Our company is going to get a minibus/van (Merc Traveliner) I would like to use it weekly for personal use. Can I rent it from the company when I need it or will it need to be treated as a company car (even though it is a commercial vehicle)? Would I be better to own the vehicle privately, let...
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    Business on holiday

    I intend to incorporate some business meetings and purchase of supplies into a family holiday. Can I assign a portion of the travel and accommodation cost against profit?
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    Paperless Certificates?

    Thanks I spoke with signable and they don't yet have exactly what I am looking for. I would like to be able to fill in the customers details and take the tablet to them, they then sign it and I email the signed copy to them. At present the certificate would need to be emailed to the customer...
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    Paperless Certificates?

    We are registered chimney sweeps, after each job we issue a paper sweeping certificate. Would it be possible to have a certificate on a tablet that the customer signs with a touch screen pen and then we can email that to the client? If so what type of businesses would design such a certificate...
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    New branches as separate companies - false separation?

    Thanks I like the idea of written approval from hmrc Is the advantage of having it in writing from my accountant that he would be in some way liable if things went wrong?
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    New branches as separate companies - false separation?

    Hello I have a company which serves the domestic market. I would like to set up branches in various locations, I intend for these branches to be formed as separate companies. The operator of each branch will be a non-voting share holder in their branch company, able to receive dividends. The...
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