List of frequently asked questions published by Markel Tax.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a client can claim allowances on the building that his company has purchased.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a UK-based consulting company, providing strategy consultancy services to USA and Canadian based businesses only, can avoid VAT on general business costs and and sub-contracted services.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether accommodation provided by an employer becomes a taxable benefit. It was previously classed as a benefit in kind, but the former employee has been allowed to remain in the accommodation now that they have retired.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a flooring contractor should zero rate a whole invoice for materials used to fit out a new build dwelling, which included a mixture of hardwood flooring, carpets and ceramic floor tiles.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a client can set the property losses brought forward against the profits from a newly acquired rental property. He previously rented out a residential property in the UK, but sold it in 2012-13 and declared the capital gain on sale on that year’s tax return. He made a loss that year, which has been carried forward since.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a client, who is a central heating engineer, is correct in stating that work they carried out to install a new central heating system in the home of a disabled person is eligible for zero rating.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether UK companies can claim research and development tax credits.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether the sale of a property can be classed as a transfer of a business as a going concern (TOGC) for VAT purposes, as the occupier, who is buying the premises, rents out part of the building to a third party.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on an accountants's obligations under MTD, when working for a retailer client who is unable to download transaction data into a format that can be uploaded into accounting software.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on changes which will affect tax status of death in service benefits offered as part of a company pension scheme, for certain categories of employees.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether an individual who wants to construct her own house on land she owns, can claim VAT charged by an Italian supplier for building materials.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether paperwork is needed when civil partners who run a property rental business want to reapportion their shares of the income, when one of the partners takes a long leave of absence from the the business.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a client can reclaim VAT on the fuel element of the mileage allowance paid as a benefit to employees who use their own cars for work.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a client would be wise to put off incorporating his sole trading firm, while awaiting changes to the amortisation of goodwill due in April 2019.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a client should notify HMRC when a business partner retires from a VAT-registered partnership.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on what the issues around a client moving overseas for an undetermined period, and the handling of his company's financial affairs.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on which percentage rate under the Flat Rate Scheme should be chosen for a scriptwriter client who produces work both for films and TV, but also writes books.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether the employer provided childcare vouchers scheme deadline for new entrants has been extended beyond April 2018.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on the VAT status of an electric car purchased for a business, which is also used for driving to and from work.
Premium Content: This is exclusive item - please log in or subscribe to view this item.
FAQ on whether a limited company is entitled to claim capital allowances on some software rights it has purchased.