accountant need for ct600 return

[meibaker]

please someone can give me a quote on ct600 return.
my business is straight forward, no captial assets or stock. i have my p&l and balance sheet ready here.

thanks in advance

 

[Paul_Rosser]

Sure someone will be along shortly who can assist, but if not let me know and I'll get a price for you.

 

[meibaker]

can you give me a quote please.

 

[A Bell Accountancy]

Hi where abouts are you based please?

 

[Paul_Rosser]

I'm not an accountant but can ask one of those I deal with, provided no one from UKBF is able to help you.

How urgently do you need it doing ?

 

[meibaker]

Hi where abouts are you based please?

Poole dorset

 

[meibaker]

I'm not an accountant but can ask one of those I deal with, provided no one from UKBF is able to help you.

How urgently do you need it doing ?

Not urgent. But booked an appointed with tax assist on Monday to discuss. All depends on the price as all I need is to file an return. All info needed is here!

 

[faradaykeynes]

do you need your own tax return done as well?

 

[meibaker]

do you need your own tax return done as well?

Already done my self assessment for tax yr end 2012, thanks

 

[faradaykeynes]

have you tried doing CT online with HMRC?

 

[meibaker]

have you tried doing CT online with HMRC?

yes I have tried, but got stuck on balance sheet continuing... section

not sure what to fill with
called up share capital
revaluation reserves

;(

 

[FoxAccountancyServices]

yes I have tried, but got stuck on balance sheet continuing... section

not sure what to fill with
called up share capital
revaluation reserves

;(

Are you using the full set of accounts? There should be a note near the back that gives you the split down of reserves and share capital.

Don't give up, you can do it. And we will all help

 

[faradaykeynes]

if you dont have fixed asset then don't worry about revaluation reserve , just enter your paid up share capital

 

[meibaker]

Are you using the full set of accounts? There should be a note near the back that gives you the split down of reserves and share capital.

Don't give up, you can do it. And we will all help

Thanks thatsvery kind of you!
I am using free agent software, so have all my P&L and balance sheet here,
There is no revaluation reserve on my balance sheet. I don't have any fixed assets and no stock. But I have director loan of £4900. If I put £4900 in revaluation reserve then the hmrc software said its balance, but don't think it's the case!

 

[meibaker]

if you dont have fixed asset then don't worry about revaluation reserve , just enter your paid up share capital

That's where I am not sure about.
I put £5000 into business, and I have 100 shares of £1 each, so what should I put under called up share capital. Unless I put £5000, the software will say its not balance

 

[faradaykeynes]

director loan of £4900 will into current liabilities not revaluation reserve

 

[faradaykeynes]

if your paid up share capital is 100 then under share capital it will be 100 and rest 4900 as director loan a/c

 

[meibaker]

director loan of £4900 will into current liabilities not revaluation reserve

Oh I see, I will have a another go tomorrow.
Can I ask you if it's correct or not. I paid £3000 out of my director loan instead of dividend as another member said there is no tax consequence, so in fact, I will only have about £1500 left in director loan. But on free agent balance sheet, under current assets. After stock, and cash in hand, It has director loan £3000, is it right?

 

[faradaykeynes]

there is no tax implication if you withdraw money introduced in company as director loan initially , if you paid 3,000 it should Cr bank and Dr director a/c leaving balance of 2000 in director a/c, i think you picked wrong a/c to debit in your accounting software

 

[meibaker]

there is no tax implication if you withdraw money introduced in company as director loan initially , if you paid 3,000 it should Cr bank and Dr director a/c leaving balance of 2000 in director a/c, i think you picked wrong a/c to debit in your accounting software

Hi, yes sorry it's £2000 left on the loan, type wrong. Lol
I booked to see tax assist on Monday, hope you will complete the return for me!

 

[faradaykeynes]

so share capital 100, director loan a/c 1900 and nothing should be in asset for director loan a/c