My sole trader sold his business on 30 April 2024. (CGT now due as well as 4 years transitions profits, ouch).

If investments (shares) owned by a Limited Company are transferred to a Director, with no payment physically changing hands, I assume this would be ...

In the case of /Gary Elden vs HMRC [1]/, the first tier tribunal (FTT) suspected artificial intelligence (AI) had been used to summarise part of the ...

Back in the day, Excel, its forerunners and desktop accounting software in general were genuinely revolutionary. The big ...

The business is using Quickbooks online but needs full traceability as their finished product goes into animal foodstuffs.

In no particular order, I stumbled across the following on returning from lunch and perusing today's Email Alerts from HMRC: .

Hi One of my clients has had a remote vat inspection.  This involved looking at 4 vat quarters over the last 4 years.  4 of the receipts were missing from ...

Client's 2024-25 SE (turnover £46k) and property income (£6k). Turnover of £52k means she is mandated into MTD. However, she intends to cease SE trading before April 26, and join a partnership instead ...

Somewhat confused by the latest HMRC  Ready Steady File with regard to quarter dates for MTD. My self employed clients have year ends of 31 March ...

Simple life lessons can often be learned at the first tier tribunal (FTT). The case of /Allan Jack/ (TC09705) [1] teaches a very straightforward one.

I've tried the agent dedicated line and the plebs' one, neither of them are working, and there are no advisors available on webchat.

MTD for IT can require submissions to be made over an almost two year period to declare the tax affairs for one tax year.* Four quarterly incomes and ...