))
How to incorporate a sole trader or partnership - Part 1 and how we use a Goldfish to help explain
Manage episode 383991188 series 3467431
Content provided by The things we do for tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The things we do for tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Check www.thethingswedofortax.co.uk for new episodes providing CPD for tax accountants
Capitole
1. How to incorporate a sole trader or partnership - Part 1 and how we use a Goldfish to help explain (00:00:00)
2. Extra notes for episode (00:03:46)
3. Overview of incorporation process (00:04:38)
4. Understand the business (00:05:47)
5. s162 Incorporation relief (00:06:55)
6. Do you have to incorporate into a new company? (00:07:36)
7. How to split the consideration (00:09:01)
8. DLA and capital losses (00:12:52)
9. Cash balances (00:13:30)
10. Tax planning for the timing of the transfer (00:16:12)
11. 162 procedures (00:16:56)
12. Goodwill and director's loan accounts (00:18:27)
13. What you have to do with goodwill (00:19:35)
14. D32 concession and practical examples (00:20:10)
15. Do we transfer partners in same ratios as in the partnership (00:23:02)
16. Disapplying s162 (00:25:35)
17. The possible role of gift relief (00:26:40)
18. Investments (00:29:54)
19. Role of subsidiary companies (00:32:48)
20. The closing year computation (00:33:02)
21. How to contact Nick (00:36:00)
25 episoade
Distribuie
