.png)
.png)
09 December 2014
Professional break-up; Ices and input tax; Family farm; Cash-rich company
| Send us your queries and responses We pay £40 for each full reply published in print and £20 per extract. Contributions may be identified by name or pseudonym. |
Professional break-up
The tax implications of a court determined revised profit share and damages
Two surveyors formed a partnership in 2002 and we have acted on their behalf and have prepared accounts for the past 12 years.
The partnership broke up in December 2012 and one partner claimed that he should have received a larger share of the net profit. The partner we act for lost the court case and must pay £34 000 compensation to the retiring...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
