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FN-FORUM: Tax time coming up

date posted 5th January 2006 16:15

I sent this over Christmas but no one responded so im give you all one more
chance. :)

---

Just gearing up for the 2004-2005 deadline for tax return, maybe some of you
can shed some light on a couple of questions I have.

Basically as some of you may know I closed my business in the UK in aug 2004
(and started up again in sunny Italy) meaning that I have only 5 months of
accounts to go though the uk tax system for 2004/2005 tax year.

q1. Is there anything tax related I need to understand about closing my
business (Capital Allowances etc).
q2. Anyone know if it is possible to deduct some moving expenses from my tax
bill since I was moving the business as well as myself overseas, even though
I closed the business in the uk soon after moving.

I know there are a few Tax savvy people on here so hope you can help.

Regards

Sam Morgan

WIREDEYES - Internet Consultancy
tel : 020 7100 2178
fax : 0871 433 2278
web : http://www.wiredeyes.com
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