UK Tax

UK Tax Questions? Ask a UK Tax Advisor for answers ASAP

Ask an Expert,
Get an Answer ASAP!

UK Tax
This answer was rated:

I am submitting my Micro HMRC accounts first year for

Hi there I am submitting...
Hi there I am submitting my Micro HMRC accounts first year for company - if I sen you our balance sheet could I have you tell me what box information needs to be filled in. I would be willing to pay of your time.Thank you
Show More
Show Less
Ask Your Own UK Tax Question
Answered in 9 minutes by:
1/9/2018
taxadvisor.uk
taxadvisor.uk, Chartered Certified Accountant
Category: UK Tax
Satisfied Customers: 5,098
Experience: FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
Verified

Hello and welcome to JustAnswer. I am here to help you. I am reviewing your question and will respond to you shortly.
Many thanks

Ask Your Own UK Tax Question
Customer reply replied 1 month ago
Thank you

Thank you for your question.

Please send your balance sheet and I will have a look.. is this your first year of reporting?

Many thanks

Ask Your Own UK Tax Question
Customer reply replied 1 month ago
it is old on
Customer reply replied 1 month ago
Sorry typo - yes this is the forst year
Customer reply replied 1 month ago
I'm sure you know whats required but if not here is a screen shot of HMRC area.

Thank you for your file..

Please clarify for me..

- is called up share capital unpaid.. what did you report on your confirmation statement

- what is historical adjustment under current liabilities

- did you make a loss of £2,594 in the first year of operation

- have you provided any depreciation on fixed assets

- are you filing micro-entity balance sheet using HMRC software or are you filing on CH website

Many thanks

are you happy to

Ask Your Own UK Tax Question

The screen shot is from Companies House website

Ask Your Own UK Tax Question
Customer reply replied 1 month ago
1) Yes unpaid
2) I am not sure what that is - I think when I set up in zero software its come from this fugure - but to be honest I dont know.3)Yes there is a minus £2k - we overspent on salaries on the first year.4)No depreciaton is shown - was looking and it says about 25% per year is normal? This has no been reflected in balance sheet for first year - but I could easily do that.5) Yes micor entry online with HMRC

please advise company name and I can look up reporting deadline dates

Ask Your Own UK Tax Question
Customer reply replied 1 month ago
11th Jan its due
Customer reply replied 1 month ago
Injury Clinic Glasgow Ltd

Thank you for your reply.

I have looked at your confirmation statement and you have stated no called up share capital was unpaid..

WE can work together and produce meaningful set of accounts to be filed at Companies House for 11 Jan 2018. I am happy to discuss what needs doing and a way forward by having a phone call.

Please advise if acceptable. Please rquest a phone call.

Ask Your Own UK Tax Question

Your request for phone call does not appear to be recorded

taxadvisor.uk
taxadvisor.uk, Chartered Certified Accountant
Category: UK Tax
Satisfied Customers: 5,098
Experience: FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
Verified
taxadvisor.uk and 87 other UK Tax Specialists are ready to help you
Ask your own question now
Customer reply replied 1 month ago
Hi I have requested the phone call and paid the extra. The system would not let me put the 0 at the front of my number
Customer reply replied 1 month ago
How the screen looks my end
Phone call session started

please advise your number

Ask Your Own UK Tax Question
Was this answer helpful?
Ask taxadvisor.uk Your Own Question
taxadvisor.uk
taxadvisor.uk
taxadvisor.uk, Chartered Certified Accountant
Category: UK Tax
Satisfied Customers: 5,098
5,098 Satisfied Customers
Experience: FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)

taxadvisor.uk is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

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

6,512 satisfied customers

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

bigduckontax

bigduckontax

Accountant

871 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

148 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 >

Related UK Tax Questions
How is domicile decided for tax purposes on foreign income
Hello,How is domicile decided for tax purposes on foreign income in the UK? I would like to know if I am correct about the years I am non-domicile and the years I am domiciled in the UK.I have been re… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,512 satisfied customers
I am planning to sell a house on which there will be a large
I am planning to sell a house on which there will be a large profit up a million pounds . I therefore want to know how to decrease my capital gains tax . I plan to buy other properties with the money … read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 satisfied customers
My mother recently passed away. She had an ISA with balance
My mother recently passed away. She had an ISA with balance of around 8,000 pounds. My father was told he can liquidate the ISA and have the money transferred to his current (cheque) account. Neither … read more
taxadvisor.uk
taxadvisor.uk
Chartered Certified Accountant
5,098 satisfied customers
My common law partner, not spouse or civil partner, is
My common law partner, not spouse or civil partner, is gifting me her share of our jointly owned property. Is there any tax implication?… read more
taxadvisor.uk
taxadvisor.uk
Chartered Certified Accountant
5,098 satisfied customers
I'm hoping you can hoping you can help with the following. I
Hello good Evening,I'm hoping you can hoping you can help with the following.I run a UK limited company which sells downloadable software via a US distributor, who pays us based on how many downloads … read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 satisfied customers
I have always used the CT600 form to do my accounts for many
I have always used the CT600 form to do my accounts for many years, after creating paper accounts using the same format as my original accountants did.This year I have to use the Micro Entity accounts… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 satisfied customers
My sister has been living in the UK for the past few months
Hi,My sister has been living in the UK for the past few months (EU citizen), and she's thinking about spending 10/11 months in australia with a working holiday visa, and then return to the UK.She is c… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,512 satisfied customers
I would like to transfer some savings from my personal
Hello, I would like to transfer some savings from my personal foreign bank account (through TransferWise) every month. Is there any maximum amount I'm allowed to transfer monthly to my UK bank account… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 satisfied customers
I'm glad that there's someone working on a sunday, I am a
Hi I'm glad that there's someone working on a sunday … read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 satisfied customers
I have some doubts about tax. Could you help me, please?
Hello, I have some doubts about tax. Could you help me, please? … read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 satisfied customers
I am trying to complete my micro entities annual return on
Hi. I am trying to complete my micro entities annual return on Companies House site. I have all my figures but am confused what information to put in the boxes. Figures are as follows: Total income £3… read more
taxadvisor.uk
taxadvisor.uk
Chartered Certified Accountant
5,098 satisfied customers
My wife are both leaving to the UAE (Dubai) after many years
My wife are both leaving to the UAE (Dubai) after many years to return to the UK. As I understand it we have 120 days of remaining non-tax resident … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,512 satisfied customers
Am a beneficiary of a Bank account in Uk, am in need to pay
Am a beneficiary of a Bank account in Uk , am in need to pay taxes , but I don't have enough money to pay for it before getting access to my money in UK , is there a solution ? … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,512 satisfied customers
My wife and i have a private investor plan for a grandchild
My wife and i have a private investor plan for a grandchild it is taxed at10% do I have to pay any extra tax I pay at higher rate and my wife pays no tax I do not fill tax returns but before I retired… read more
Sam
Sam
Accountant
Higher Officer HMRC
6,512 satisfied customers
I have a question on capital gains tax on earnings abroad.
I have a question on capital gains tax on earnings abroad … read more
Sam
Sam
Accountant
Higher Officer HMRC
6,512 satisfied customers
You did not answer the question I asked which was can the
You did not answer the question I asked which was can the loan I made to the company of 2.6m be deducted as a liability of the company from the valuation of the company?… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 satisfied customers
I invested in a Listed corporate bond three years ago
I invested in a Listed corporate bond three years ago through my bank. I have been declaring the coupon return i received as Interest income (Not dividend). I just sold my holding at a lower price tha… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 satisfied customers
A UK tax resident and own shares in a uk company which owns
a UK tax resident and own shares in a uk company which owns a european dwelling which I use for holidays. I bought the shares for 2m some years ago when the property was valued at 2m. I have loaned th… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACIS
871 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.

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