Stephen

Thanks a lot. It would be great if you could cascade that to your telephone customer advisors as I was given incorrect information.

I recently registered for a general partnership but called HMRC to cancel it only a week after receiving confirmation. I didn't add anyone else to the partnership and haven't traded under the partnership name at all. Prior to this I was already registered for self assessment and have been a sole trader for many years. I'd like this to continue and for the brief period under the partnership to be disregarded. I was told on the phone call I would need to re-register for self assessment. However, my online Personal Tax Account shows my self assessment account and existing UTR are still active. Do I need to register again for self assessment?

My wife and I are considering registering a business partnership. In order to claim the 45p per mile allowance, would the partnership need to be the registered owner of the vehicle? Or would it be acceptable for the registered owner to be one of the partners? In this scenario, the registered owner (my wife) would be the only person ever to use the vehicle for business purposes as I don't drive.

I'm about to start preparing my own sole trader return for the first time and will be using the cash basis. I understand there are no capital allowances as such with "cash basis". I have a few questions: 1. Should ‘plant and machinery’ expenses be included in Box 49, "Annual Investment Allowance", OR in Box 17 as "goods used"? 2. Under the "cash basis" do I need to declare the sale of any business assets the accountant previously included under the Annual Investment Allowance in Box 49, where they meet the criteria? 3. If I claim any equipment purchases as "goods used" on my 2023/24 return, would I need to declare income for the sale of these assets in the future? Thanks in advance for your help.

Thanks for your help.

Feedback .

So, just to be clear: are you saying it's better to have every interest statement in case of an HMRC enquiry?

Good afternoon I have requested various statements of interest ("tax certificates") from my soon-to-be-former bank for closed accounts. Despite multiple requests, they seem to be unable to provide a statement of interest for one particular joint account. This is a source of enormous frustration for me as my wife and I would like to begin preparing our tax returns. However, I do have the total interest figure and tax deducted for that account, so I will be able to calculate total interest earned across all accounts. Would the figure alone be sufficient to declare savings interest on our returns, without the statement? Would there be a problem with me retaining statements for every account except one? Thanks in advance for your help.