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I would like to doublecheck, does valuation of business
Good morningI would like to doublecheck, does valuation of business needs to be officially check by somebody? If selling my Sole Trading business to my LTD? Thank you… read more
bigduckontax
bigduckontax
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Please, if I sell my Sole Trading business to my LTD this
HelloPlease, if I sell my Sole Trading business to my LTD this year, when should I record capital gains tax? Is it in Self Assessment 2020/21 then - so Incorporation tax relief will apply? And How to … read more
Michael Koppel
Michael Koppel
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Would like to ask, if person sells his Sole Trading business
HelloWould like to ask, if person sells his Sole Trading business to LTD for example for £100 000, then does his LTD needs to pay any Corporation Tax , and does he needs to pay any dividends tax in fi… read more
bigduckontax
bigduckontax
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Please, can you advise me on selling Sole trading business
HelloPlease, can you advise me on selling Sole trading business to Ltd , now I need to know :1) how to do with Fixed asset - what CR and DR transactions will look like (if for example Sole trader sell… read more
bigduckontax
bigduckontax
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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
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Would like to ask. Is it possible to sell my sole trading
HelloWould like to ask. Is it possible to sell my sole trading business to my ltd so I could get some money out of it efficiently? If yes, how does it work? What are pros and cons? Thank you… read more
bigduckontax
bigduckontax
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My friend is a truck driver. He has Ltd. He told me recently
HelloMy friend is a truck driver. He has Ltd. He told me recently that company he works for will be taking only truck drivers on PAYE soon. Please, can you explain to me, does it mean that he will hav… read more
taxadvisor.uk
taxadvisor.uk
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My friend just set up LTD company, he has troubles to set up
HelloMy friend just set up LTD company, he has troubles to set up business bank account at the moment, can he receive his first income into his private bank account at the moment and then transfer it … read more
Sam
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A friend would like to import goods (pottery and food) from
Hello A friend would like to import goods (pottery and food) from abroad and sell it in UK. She also would like to prepare a meal from this imported food and sell it here in UK. The question is: what … read more
Sam
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My friend would like to sell shares of his company. Can he
HelloMy friend would like to sell shares of his company. Can he just set the whatever value of shares or does value of shares depends on something? Thank you… read more
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My friend would like to start a burger van business. Please,
HelloMy friend would like to start a burger van business. Please, could you advise what are the possible options to obtain a capital to start? Thank you for any info.… read more
Jawwaad Ahmed
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My client (I am bookkeeper) has Ltd - turnover over £150
HelloMy client (I am bookkeeper) has Ltd - turnover over £150 000. She is not very happy to pay big amount of VAT on it. Would that be any advice to her how to lower/compensate this huge bill to HMRC?… read more
Sam
Sam
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My friend is sole trader in Ireland. He is moving to UK in 2
HelloMy friend is sole trader in Ireland. He is moving to UK in 2 months time. He would like to continue being sole-trader here. Please, can you advise, what is necessary to be done (regarding registr… read more
bigduckontax
bigduckontax
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Hello Between 2002 and 2007 I ran my business as a sole
Hello Between 2002 and 2007 I ran my business as a sole trader in 2007 for various reasons I decided to set up a Ltd company One of the reasons was I wanted to give a key employee a share of the busin… read more
TEAP007
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I intend on selling products through an American vendor. The
I intend on selling products through an American vendor. The product will be created in the UK, but will be sold worldwide by an American company. Who will I pay tax to and what percentage can I expec… read more
taxadvisor.uk
taxadvisor.uk
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I am a Sole Trader living in the UK. My business is in Bio
I am a Sole Trader living in the UK. My business is in Bio Oil. I run my business from home. I import used oil from South Africa, and export it to Ireland and Rotterdam directly, it does not land in t… read more
berduchwal
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I am thinking of starting a business partnership with a friend
I am thinking of starting a business partnership with a friend restoring classic cars It has been my hobby for many years and I have built up a large stock of parts and vehicle, as an estimate of 2500… read more
Sam
Sam
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I have disposed of some shares this tax year 08/09 and will
I have disposed of some shares this tax year 08/09 and will have a cgt liability. However, I have just just found out a company I invested in a couple of years ago have gone into administration. The a… read more
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