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 a sole trader operating under a Limited Company and am
Hi, I am a sole trader operating under a Limited Company and am about to file my first set of accounts, using the micro-entity format, with HMRC. I don't have an accountant for this currently due to s… read more
taxadvisor.uk
taxadvisor.uk
Accountant and Tax Practitioner
Chartered Certified Accountant - FCCA
2,176 satisfied customers
I would like to ask. I have Ltd in which I have to pay 10%
HelloI would like to ask. I have Ltd in which I have to pay 10% management franchising fee on sales made. I have director loan account balance around £10K DR (meaning that my Ltd owes me this money, s… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
9,764 satisfied customers
Im looking for help with my accounts. I created a very small
Hi there, im looking for help with my accounts. I created a very small start up business last year that has had little activity so far & i am trying to learn how to fill out a tax return. It is for th… read more
taxadvisor.uk
taxadvisor.uk
Accountant and Tax Practitioner
Chartered Certified Accountant - FCCA
2,176 satisfied customers
Ive completed a ct600 (companies house and hmrc combined)
hi, ive completed a ct600 (companies house and hmrc combined) for my company's first operating year. Is it possible to ask an accountant to go through it and do a sense check on it, within the day?… read more
Matthew Bailey
Matthew Bailey
MPA
11 satisfied customers
Hello Sam Shall we agree your fees before-hand, as I have
Hello Sam Shall we agree your fees before-hand, as I have not used your services before. My 2 questions are re BiK, use of assets at 10%/20% pa. Lets say 20% for simplicity. Q1. I believe time-apporti… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,734 satisfied customers
Hi there, An aunt of mine wishes to give my brother and I
Hi there, An aunt of mine wishes to give my brother and I a sum of money (around £300k) to invest in property. She has suggested that we set up a company with my brother and me as equal shareholders a… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,734 satisfied customers
A private limited Company owned by its 25 director/leaseholders
A private limited Company owned by its 25 director/leaseholders has planning permission for 9 aprtments on land which it owns. Planning permission has been granted to build 9 aprtments on site with a … read more
taxonomy12
taxonomy12
64 satisfied customers
Dear XXXXX I have a client who runs a company. He wants
Dear XXXXX I have a client who runs a company. He wants to buy a house which will be rented out. He is financing this by a mortgage. Am I correct in assuming that it would be better to have the mortga… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,734 satisfied customers
I am a contractor running a limited company with myself as
I am a contractor running a limited company with myself as the director and employee. When my corporation tax was due, an extra £3500 of notional tax was added due to an overdrawn directors loan of £1… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
Hi Can I ask you to help me differentiate between allowable
Hi Can I ask you to help me differentiate between allowable and disallowable legal fees please for tax purposes for a limited company? Many thanks, Tina.… read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
468 satisfied customers
i understand the entries for a sole trader to start, Dr Cash
i understand the entries for a sole trader to start, Dr Cash Cr Capital but to start a ltd or plc i am unsure. Also how far can you go back for pre - trading expenditure.… read more
mark25551
mark25551
Audit & Accounts Manager
ACCA
197 satisfied customers
I have a client that has an overdrawn DLA of £30k -Co.A and
I have a client that has an overdrawn DLA of £30k -Co.A and cannot afford to pay it back and cannot pay the income tax on it. This director is a director of two companies-. She owns about 30k of share… read more
mark25551
mark25551
Audit & Accounts Manager
ACCA
197 satisfied customers
A limited company has been established as a retailer of specialist
A limited company has been established as a retailer of specialist wines, spirits and cigars. Before trading, the father of one of the directors has built a humidor (primarily for storing cigars) for … read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
468 satisfied customers
On 1/12/08 we transferred our business into a limited company
On 1/12/08 we transferred our business into a limited company and there was £30K of goodwill transferred to the Limited Co which our accountant advised we could draw tax free (tax paid). Ufortunately … read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
Hi, I have my own limited company where myself and my fiance
Hi, I have my own limited company where myself and my fiance are the only two directors/employees. We provide IT Consultancy Services. I do my own books as I have an accountancy background and am part… read more
Julie Kingham
Julie Kingham
Director
Chartered Tax Adviser
733 satisfied customers
A director of a computer consultancy company has introduced
A director of a computer consultancy company has introduced a piece of software that he designed before the company was set up at an approx value of 5k. How should this be dealt with:- a) in the compa… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
Can anyone help with a book keeping question relating to transfer
Can anyone help with a book keeping question relating to transfer of assets from one Limited Co to another? Company A has a motor vehicle on HP and ceases trading when the Director decides to set up a… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 satisfied customers
I have a directors loan account of - 250K the Ltd Company has
I have a directors loan account of -£250K the Ltd Company has not made any profit for 4 years and is running at a loss. (Im the main creditor, the loan owed is my initial investment and money I have i… read more
TEAP007
TEAP007
Tax Preparer
Fully Trained Inspector of Taxes B1
759 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

6,734 satisfied customers

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

bigduckontax

bigduckontax

Accountant

9,764 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