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Thanks answer. Under the CIS scheme if a company is registerd exempt would that do. If I get all the companies to write to me stating that they paid the tax would that suffice or do I need a copy of there accounts.
Part 2 of the revenue claim is that I sold one of the flats to my daughter at a reduced cost of 18k below a value which after much negotiation we hsve agreed. As she is my daughter they are saying that this is a benefit to me and want yo tax me. I am not sure if they are looking to say it is company profit and tax me at 20% or benefit in kind and tax me at 40%.
Thanks , I am pleqsed that you think it should be corparation tax.
The cmpany has no money and no assets, so how will HMRC go anout getting any money.
with regard to CIS does this apply to Ltd Companies as well as sole traders. They are even trying to tax me on my architects bill. I dont class him as a subcontractor.