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Recent content by oddsquad
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Completing capital gains pages (self assessment) - MVL and entrepreneur's relief
My old accountant kindly clarified that there is only a single disposal and therefore the total gain should be reported in the tax year when the majority of the proceeds are paid. Sorted. To those that commented, thanks for taking the time to help.- oddsquad
- Post #7
- Forum: Accounting / Legal
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Completing capital gains pages (self assessment) - MVL and entrepreneur's relief
Many thanks. To the earlier replies ... No accountant as the one I had for my limited company stopped service a year ago when the business stopped trading, and I thought there might be an obvious answer to this, rather than trying to engage other accountant at this busy time before self...- oddsquad
- Post #5
- Forum: Accounting / Legal
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Completing capital gains pages (self assessment) - MVL and entrepreneur's relief
Quick question re completion of capital gains pages having liquidated business (via MVL), but distributions spread over two tax years (and two tax returns). When do you deduct the share capital (£100) from the gain - on first or second distribution? For example, if the distribution was £200k in...- oddsquad
- Thread
- Replies: 8
- Forum: Accounting / Legal
