I was a sole practitioner until 31 October 2002 when my business became incorporated. At that point, the goodwill was sold to the company for £225,000, which I think may be a little high.
Comment on HMRC's consultative document (Modernising Powers Deterrents and Safeguards: Payments Repayments and Debt) about increasing their powers, particularly in relation to debt collection.
Comment by Interactive Data CGT service in response to a Readers' Forum query about the treatment of Standard Life bonus shares following the demutualisation in 2006
About ten or so years ago a client purchased a plot of land abutting the river bank where his houseboat is moored. Over the years, part of this land has been converted into a garden, while the rest...
My client started a small part-time security business as a sole trader in 1986. The business progressed at a very modest pace for many years until 1999 when he decided to incorporate on 1 December of...
The next meeting of the ICAEW Tax Faculty Younger Members' Tax Club takes place on 1 October at 6.15pm at the Red Herring Pub, 49 Gresham Street, London EC2V 7ET.