“ House prices rose at their fastest annual rate in more than four years last month but the market is starting to lose momentum, a closely watched survey suggests.
Property values rose by 7.5 per cent in October, according to the Halifax house price index. This was up from 7.3 per cent...
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question about transferring assets before closing company
I'm just about to send in form DS01 [1] to close a company down but before doing so I wanted to know if there was any paperwork which is needed for transferring physical assets like a laptop etc from the company into my personal possesion?
It's only the one computer and it's not worth... -
Declaring company assets/ tax return
Hi all,
I have just started running a limited company and I am the director and sole shareholder of this company- The nature of the business is forex day trading.
Last month, I lent the company £10k to be able to start trading and will take back out £10k before year's end so... -
Buying Co. assets - any limitations on what I can buy?
I was reading this post that was talking about the difference between Assets and Expenses.
Definition of an asset: (from Cojak)
an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
It got... -
Expensing vs. Capitalising of Computer Equipment Purchases
I've been discussing with my accountant recently whether I should capitalise purchase of computer equipment as it seems to be fairly undefined what should and shouldn't be classed as an expense or an asset that depreciates.
My accountant tells me that, generally, purchases over £1000...
