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The last corporation tax question probably tanked my score, I was doing well until then
I got 15 month period at the end! For the new equipment I did FYA 130% but didn’t time apportion this as it already was under an apportioned limit but did anyone else have this question?
Did anyone get the question about the question of buying a Yacht from their company but using it privately with no business use?Hi! Yes, I did. I Said it would be taxable benefit so she will be taxed for it, and company will pay class 1a nic. Class 1 nic employee and employer not affected. ?
Yes I put the same about the yacht being taxed as a benefit and the same with employer and employee NI as she would not be taking any remuneration!
Hope we have all done ok
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