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 wonder if you can advise me? I was asked by my friend. His
I wonder if you can advise me? I was asked by my friend. His video business is going down, so he would like to invest in stock market. How would this affect his sole trading business? How would his ta… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,244 satisfied customers
Please, can you advise? If my friend is sole trader and he
Hello Please, can you advise? If my friend is sole trader and he took van for hire lease, can he be claiming capital allowance for it in his tax return (on the top of claiming monthly repayments as mo… read more
taxadvisor.uk
taxadvisor.uk
Accountant and Tax Practitioner
Chartered Certified Accountant - FCCA
2,144 satisfied customers
I am bookkeeper and my client is asking, what is better for
Hello I am bookkeeper and my client is asking, what is better for him: staying as a sole trader or changing into limited company? His profit is around £30 000/y and he really doesn't have any expenses… read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,244 satisfied customers
I was unsuccessful of getting a van company (lees finance)
hi, I was unsuccessful of getting a van for my company (lees finance) because its very young company, but dealer is offering to lees it on director. How does it work then , can i still do AIA or does … read more
bigduckontax
bigduckontax
Accountant
FCCA FCMA CGMA ACG
1,244 satisfied customers
F.A.O. SamTax please We have a client who is a sole trader.
F.A.O. SamTax please We have a client who is a sole trader. In 2010/11 he purchased a van on hire purchase on which he has claimed 100% A.I.A. The written down value of the van for accounting purposes… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,305 satisfied customers
i am running 2 companies together i do around £1.000.000 turnover.
i am running 2 companies together i do around £1.000.000 turnover. one is as sole trader and the other one is ltd. i require a company car for me to visit my new customers ,potential new customers ,lo… read more
TaxVince
TaxVince
Senior Accountant
Master's Degree
897 satisfied customers
Im a sole trader who is thinking of getting a new van @ about
I'm a sole trader who is thinking of getting a new van @ about £15.000. I'm not sure whether its best to lease a van for 5 years and use the payments as a continual expense against profit for tax purp… read more
berduchwal
berduchwal
Accountant
Licenciatura
669 satisfied customers
Hi, I started operating self employed in november 2011
Hi, I started operating self employed in november 2011 (sole trader) i have a van which i use daily for my business that i purchased myself a year ago? i dont want to rush out and purchase another van… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,305 satisfied customers
Hello, I hope someone can put my mind to rest. 1. I am
Hello, I hope someone can put my mind to rest. 1. I am in the middle of submitting the SA for a self employed builder. He puchased a van and tools in 2009/2010 which I did not claim on SA for 09/10 ,b… read more
mark25551
mark25551
Audit & Accounts Manager
ACCA
197 satisfied customers
Can i claim for bank interest from a Loan when i was self employed
Can i claim for bank interest from a Loan when i was self employed? I used this loan to buy a car but also had a lease car, i was a sole trader… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I have two queries that I am unsure about the answers. They
I have two queries that I am unsure about the answers. They are: What effect would it have on allowance for tax purposes if he had leased a car rather than purchasing one How would you explain this co… read more
berduchwal
berduchwal
Accountant
Licenciatura
669 satisfied customers
Hi, My last set of accounts run from Sept 09 to 5th April
Hi, My last set of accounts run from Sept 09 to 5th April 2010. My account entered my Van depreciaton as £ 1600 the cost of the car with a charge for the period as 160.00. I want to do my own accounts… read more
CDF Tax
CDF Tax
Bachelor's Degree
109 satisfied customers
Hello i am a self employed electrician who has been operating
Hello i am a self employed electrician who has been operating for 2 years now. My income is c. £45k gross pa, and am not yet VAT registered, although this may happen this year at some point. It may no… read more
Tony Tax
Tony Tax
Tax Consultant
High School or GED
7,089 satisfied customers
I rent fully-furnished properties out as my prime business
I rent fully-furnished properties out as my prime business (multi-lets). I have been advised that I can offset 10% of the gross rents received against tax but also a further 10% of the gross rents aga… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,305 satisfied customers
I have just started as a sole trader and need a vehicle. I
I have just started as a sole trader and need a vehicle. I have been told that the best option for tax write off purposed is to lease a vehicle but unfortunatly I am only being offered an HP deal. Is … read more
Sam Pathak
Sam Pathak
Chartered Tax Adviser
Master's Degree
466 satisfied customers
Please could you help I Purchase two new vehicles and not sure
Please could you help I Purchase two new vehicles and not sure what the annual allowances will be, one cost £11195.00 and one was £20989.00 I need to know what they will be and which boxes I put them … read more
Sam
Sam
Accountant
Higher Officer HMRC
15,305 satisfied customers
I am considering purchasing a motorhome. I have been advised
I am considering purchasing a motorhome. I have been advised that I can write off the purchase cost and vat and payment interest whcih seems amazing if its true. Could any one confirm this please.… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,305 satisfied customers
WHAT IS THE MOST TAX EFFICIENT WAY TO BUY A VAN FOR MY BUSINESS
WHAT IS THE MOST TAX EFFICIENT WAY TO BUY A VAN FOR MY BUSINESS I.E HP,LEASE,HIRE ETC, IM A MOTOR FACTOR THAT USES VAN FOR DELIVERY OF STOCK!!… read more
Sam
Sam
Accountant
Higher Officer HMRC
15,305 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

15,305 satisfied customers

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

bigduckontax

bigduckontax

Accountant

1,244 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