UK Tax

UK tax questions? Ask a UK tax advisor for answers ASAP

Connect one-on-one with {0} who will answer your question

Related UK Tax Questions
I am filing my CT600 and having trouble with the Machinery
I am filing my CT600 and having trouble with the Machinery and plant section … read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,460 satisfied customers
Please, can you help me to understand how I should record
Hello Please, can you help me to understand how I should record buying a car for my business ( I am in partnership). I bought it in this August for around £5000. How should I record it in accounting s… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,460 satisfied customers
Someone acquires a 10 year(short lease)with a right to renew,and
Someone acquires a 10 year(short lease)with a right to renew,and spends over £100,000 on improvements most of them of a capital nature(Partitions,floors etc).Should these expenses be capitalised or tr… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,460 satisfied customers
I am currently filling in my CT600 at the end of my first year
I am currently filling in my CT600 at the end of my first year of trading as a limited company. My grasp of accounting is quite slim!! Regarding Depreciation and Capital allowances: The procedure seem… read more
taxadvisor.uk
taxadvisor.uk
Chartered Certified Accountant
Chartered Certified Accountant - FCCA
8,642 satisfied customers
i run a chauffeuring compamy through limited company - selling
i run a chauffeuring compamy through limited company - selling my old car can i claim balancing allowance. buyinhg mercedes S400 L Hybrid C02 emission 147. what capital allowances can i claim - 100% b… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,460 satisfied customers
Hi, i need to clarify some information on my CT600 form before
Hi, i need to clarify some information on my CT600 form before i submit joint accounts to HMRC and Companies House. Can you assist with checking i have placed figures in correct box… read more
taxadvisor.uk
taxadvisor.uk
Chartered Certified Accountant
Chartered Certified Accountant - FCCA
8,642 satisfied customers
I have a client who has just leased a property the lease will
I have a client who has just leased a property the lease will be amortized over 10 years. Do I simply add this amortization back, believe I cant claim any form of capital allowances.… read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
468 satisfied customers
Good Morning. We have a company that up to the end of 2010/11
Good Morning. We have a company that up to the end of 2010/11 tax year has been 'trading' as we have been in the holiday letting business. For the 2011/12 tax year we did not meet the minimum letting … read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
I am confused by boxes cp78 to cp 90 on the CT600 on line computations.
I am confused by boxes cp78 to cp 90 on the CT600 on line computations. We started the year with a car with a wdv of 20k we sold it at the market price for 15k. I am not sure how to enter this so we g… read more
taxadvisor.uk
taxadvisor.uk
Chartered Certified Accountant
Chartered Certified Accountant - FCCA
8,642 satisfied customers
This is a query for an accountant.My client has carried
This is a query for an accountant. My client has carried out 'refurbishment' on his leased office which is for installing a kitchen and fixed cupboards. Would this be classed as 'Amortisation' or 'Dep… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
We have just paid £400,000 as a premium for a 27 year lease
We have just paid £400,000 as a premium for a 27 year lease on some land and stamp duty at 3%, I need to know how to deal with this with regards XXXXX XXXXX do I depreciate the lease over the 27 year … read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
899 satisfied customers
I am filing a Short CT600 online but have amortisation of intangible
I am filing a Short CT600 online but have amortisation of intangible fixed assets which I understand is an allwable expense. In my computations I get a warning message as i have only added back the de… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Hello, need some help please: Computations for Short CT600
Hello, need some help please: Computations for Short CT600 Return 1st year trading of company, goodwill bought from 3rd party, market value of company decreased so w/o goodwill within the 1st year. On… read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
468 satisfied customers
I have a £200 Penalty/fine from a previous year. I know
I have a £200 Penalty/fine from a previous year. I know is is not a claimable expense so doesn't go in the P&L. But it still needs declairing in the Balance sheet else the Shareholder funds and Total … read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Mr Jedward is thinking of investing in new plant and machinery
Mr Jedward is thinking of investing in new plant and machinery as the existing stock is getting rather obsolete. He would have to borrow money to buy this new equipment. He estimates that the cost of … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
I act for a farming business trading as a a partnership. A
I act for a farming business trading as a a partnership. A wind turbine has been purchased for £60K and erected on land owned by the partnership. The turbine produces electricity for the farmhouse and… read more
taxadvisor.uk
taxadvisor.uk
Chartered Certified Accountant
Chartered Certified Accountant - FCCA
8,642 satisfied customers
Hello there, I am a bit confused regarding the annual investment
Hello there, I am a bit confused regarding the annual investment allowance for small businesses. I am in the middle of doing my tax return for 09/10.I have been self employed for few years.Acquired a … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,885 satisfied customers
Is there capital allowances on purchased goodwill for limited
Is there capital allowances on purchased goodwill for limited company, and if so availabe since when this rule started ? if no capital allowances is available what other tax relief is allowed for purc… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Sam

Sam

Accountant

6,885 satisfied customers

26 HMRC expertise, PAYE, Self Assessment ,Residency, Capital Gains, CIS ask for Sam Tax

bigduckontax

bigduckontax

Accountant

1,460 satisfied customers

FCCA FCMA CGMA ACIS

TEAP007

TEAP007

Tax Preparer

759 satisfied customers

Fully Trained Inspector of Taxes / District Inspector/ Team Leader/ Offshore Consultant/ 41 years

Andrew Baker(baktax)

Andrew Baker(baktax)

Personal Tax Adviser

756 satisfied customers

35+ years experience in income tax, CGT, non-residence

berduchwal

berduchwal

Accountant

669 satisfied customers

Qualified accountant and bookkeeper running my own practice since 2008.

Clare

Clare

Solicitor

149 satisfied customers

25 years exeperience as a high street solcitor

Mrs-Tax

Mrs-Tax

Tax Adviser

59 satisfied customers

Law Degree, 19 years in UK Tax.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x