Recent content by IloveParis

  1. I

    Unremittable income

    Thanks for clarifying that for me
  2. I

    Unremittable income

    Thanks for your reply I was reading para 646 in the CTA 2009 notes - does this apply? CTA2009/4/notes/division/2/3/1/12
  3. I

    Unremittable income

    I have a client (Ltd Co) who has made a profit of approx 2,000 but has unremittable foreign income of approx £4,000 (so actually £2,000 loss). I understand that a claim can be made against Corporation tax for the unremittable income as long as it does not create or increase a loss. I therefore...
  4. I

    RTI payroll changes

    You got it! :D
  5. I

    RTI payroll changes

    Good idea but the employer wont go for that! I will go for the month 12 processing and miss out month 11 as suggested.
  6. I

    RTI payroll changes

    Thank you very much for all of your help. This issue has been bugging me since October.:)
  7. I

    RTI payroll changes

    I agree. This happened because in October the employer changed the way he paid his employees from a cheque at the end of the month to bank transfer on 10th of the following month. In order to not generate a tax rebate on the change over we left the payroll date the same. Do you think I should...
  8. I

    RTI payroll changes

    If that is the case then I would not have a payroll to run for 31st March as it would be dated 10th April. If my thinking is correct then this "zero" payroll for month 12 would generate tax rebates for all of the employees in month 12?????:rolleyes:
  9. I

    RTI payroll changes

    I currently work out wages for a client (monthly payroll). The wages are for the whole month 1st - 31st The payroll is run round about 5th following month but dated 31st The wages are paid on 10th following month My question is can I carry on doing that post 5th April ie March wages being in...
  10. I

    Sole trader or husband/wife partnership

    Self employed consultant/advisor travels extensively and his wife helps to arrange hotels etc. Currently he is on self assessment and a nominal figure is paid to his wife (below personal allowance) who does not have any other income. She is over pension age and he will be over pension age in...
  11. I

    Inheritance tax on land

    the land is used in then farming p[artnership although no rent is actually paid.
  12. I

    Inheritance tax on land

    Farming partnership (husband, wife and son). Land is owed by husband outside of partnership. We have recently read an article that says that if this is the case then 100% tax inheritance tax relief will not be allowable on the land and that it should be brought into the partnership in order to...
  13. I

    Date of commencement of trade

    I have a self employed client who manufactures clothing. Not LTD but is registered for VAT. Started manufacturing in January this year but does not expect to sell anything until later this year as he needs to build up stock. vAT returns have all been repayment returns. When does his trade...
  14. I

    Ct41g

    There were 4 deposits in the bank account that related to sales total £910. Also he registered for VAT in December - does that make a difference?
  15. I

    Ct41g

    I have a client who incorporated in december 2010 but informed me he did not start trading until 1st April 2011. The CT41G was therefore submitted with a date of 1st April and a year end of 31st March. I have now discovered that the company did have transactions during the period between...
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