Recent content by Ray Coman

  1. Ray Coman

    Real Time Information

    Thank you MyAccountantOnline. I hope I have written from a slightly different perspective than HMRC, and have condensed the information so that it is more applicable to smaller businesses and contractors. In particular, I have tried to provide some practical guidance for one-person companies...
  2. Ray Coman

    Real Time Information

    Summary of new rules for PAYE effective April 2013
  3. Ray Coman

    What to make of the chancellor's tax break

    The announcement yesterday of shares for rights, probably made the right kind of impact, but by most accounts does not seem to stand up to scrutiny when considering how it would be implemented. Nonetheless, my view is that the attempt to address the issue of the flagging UK economy through...
  4. Ray Coman

    Which Bank for New Start Up?

    Has anyone had any experience with Cater Allen. I appreciate they are owned by Santander.
  5. Ray Coman

    Small Pools Allowance

    I can't think of a case where you would write off the samll pool and claim the Annual Investment Allowance. The small poool allowance is a deduction where the brought forward value of the main pool is less than £1,000. If the brought forward value is nil. The allowance is nil.
  6. Ray Coman

    VAT Adjustment in Quickbooks

    It does depend on which QB you are using and there are more than one way of achieving this. First try re-opening the closed off period. To do this go to 'make journal entry' or similar, then keep clicking previous until you see a journal with VAT on it. Then delete this entry. That should...
  7. Ray Coman

    Submitting SA800 partnership tax return to HMRC

    In fairness to Andica, I do not think that this is a shortcoming of the software. It will take a few days to register online with HMRC and get an activation code. As far as I am aware, HMRC use second class post. Use the paper method by all means, but the filing deadline is earlier.
  8. Ray Coman

    Buying shares from current Ltd company directors

    You may be able to eligible to join an employee related share scheme, such as an enterprise management incentive.
  9. Ray Coman

    Should I change my accountant?

    In general I advise sticking with your current accountant unless there is a compelling business reason to move.
  10. Ray Coman

    Web design assistance required

    I require some tweaking to my new website http://taxationanswers.co.uk/ Please send a private message to [email protected] briefly outlining your experience and charge out rate. Many thanks, Ray
  11. Ray Coman

    Problem with URL rewriter

    I have recently added a SEF URL rewriter component to Joomla, however, because my web-server uses Zeus rather than Apache, it is necessary to convert Apache mod_rewrite to Zeus script. I do not have technical knowledge in this area and am seeking the most efficient and least error prone...
  12. Ray Coman

    Accounting software!

    The technical support lines on some of these bookkeeping products can be dissappointing.
  13. Ray Coman

    Accounting Reference Dates

    David, Agreed, there is a fifteen month period, which is split into the first twelve months and the remainder for corporation tax purposes.
  14. Ray Coman

    Submitting SA800 partnership tax return to HMRC

    Just in case you decide against the DIY route, many accountants use software that can prepare electronic partnership returns and update details for the relevant part of the partner's tax returns. An accountant will charge, although by purchasing licenses in bulk would probably save you on...
  15. Ray Coman

    Book Keeping/Accounting Software

    Quickbooks is a simple software, and as a more established software has a larger development budget to keep up with new online practices and form relationships with related suppliers, such as banks and online payment processing services.