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Lost purchase invoices: are estimates acceptable?
Part of an office was damaged in a flood, destroying a batch of unprocessed purchase invoices. What should the business do with respect to input tax reclaims on the VAT return?
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Minimising tax on inherited pensions
A married couple recently passed away within a few months of one another. Their daughter is the beneficiary of the pension savings of the mother and father. What tax will she have to pay on these?
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Can a VAT refund be denied as "unjust"?
A business has been charging some customers standard-rate VAT for goods that ought to have been zero-rated and accounted for the excess on your VAT returns. Are they entitled to a refund?
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How can using a company to buy a home be tax efficient?
A small company owner is moving home. They have been approved for a mortgage, but seem adamant that they can save money by using their cash-rich company to buy it instead. Is this the case, and is there an alternative if not?
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Doubling the tax-free estate
15 years ago the inheritance tax nil rate band was made transferable. This doubled the tax-free amount for many estates. With a little planning some estates could do even better. How can this be achieved?
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Avoiding a VAT deregistration headache
A sole trader deregistered from VAT two months ago because of an expectation of reduced turnover. But they are concerned that they must re-register immediately because sales have still exceeded £85,000. Are their concerns justified?