Recent content by Timothiii

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    Questions about TAX and SHARES

    the car is 100% for business use. yes, the situation is that D will hold B directly in 2025 but not indirectly via A. and A has no profit for those years, I think no UK corp tax is needed? I am wondering how the stamp duty be taxed and any capital allotment tax have to be paid. thanks all...
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    How to record paying back director’s loan

    what if >10,000? and what is OP's case? it is diff from normal loan?
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    Questions about TAX and SHARES

    nono, just an example can adopt existing tax rule ?
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    Questions about TAX and SHARES

    Some Questions about TAX and SHARES, anyone can help? May I know the in year 2025, 2) how much tax / fee have to be paid to UK gov if B allot 99% shares to D (net asset £30,000)? 3) how much tax / fee have to be paid to UK gov if A transfer 1% share to D at £100? Scenario as follow: year...
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    Submitting account to HMRC and Companies house

    got it, thanks all :)
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    Submitting account to HMRC and Companies house

    thanks so much @Lisa Thomas Does it means that general ledger is just for my record? Only have to submit PL and BS figures to HMRC? Thanks again for your help?
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    How to record paying back director’s loan

    is it taxable for the loan received from own company? any supporting have to be submitted to HMRC?
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    Submitting account to HMRC and Companies house

    Dear all, My business is a Micro entity with 1 employee. Can I submit account to HMRC and Companies house using excel to record entries? 1 more question is what report I have to submit? P&L, BS, TB etc... As it is the first time filing account. Worrying about making mistakes. Thanks all bros
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    Accounting software for a small business?

    Thanks so much. If company turnover <50k (exempt VAT), still have to use MTD after it launched?
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    Accounting software for a small business?

    Is it possible to use excel to record all transactions and file with HMRC? Does HMRC accept accounting system built by excel?