Silly season is now over...

What was the largest amount of tax payable?

I have been involved with a case that resulted in me advising a client to pay a lot, and is the most I have told anyone to pay whilst being an MiP - eek! :ohmy:

Reagrds

Dean

Comments

  • reader
    reader MAAT, AAT Licensed Accountant Posts: 1,037
    Dean wrote: »
    What was the largest amount of tax payable?

    I have been involved with a case that resulted in me advising a client to pay a lot, and is the most I have told anyone to pay whilst being an MiP - eek! :ohmy:

    Reagrds

    Dean

    A client (in the firm that I work for) is a partner in a LLP and because no payments on account were made (1st year) the tax bill was £98k. Any advances?

    And, yes, she did manage to pay the entire bill without any fuss.
  • T.C.
    T.C. Registered, Tutor Posts: 1,448
    Wow, can't compete with that one! :lol:
  • Dean
    Dean Registered Posts: 646
    This was a daft thread to create really. Apologies.

    Personally I have surprised myself that little ol' me was involved with such numbers :001_smile: especially when you consider anything South of Bristol isn't recognised!

    Regards

    Dean
  • deanshepherd
    deanshepherd Registered Posts: 1,809
    You know half of London is south of Bristol, right?!
  • Paul C
    Paul C Registered Posts: 193 ? ? ?
    All of you are "up North" to me.........
  • stevo5678
    stevo5678 Registered Posts: 325
    We had one in my employer's firm for around £250k. Includes capital gains etc though.
  • JodieR
    JodieR Registered Posts: 1,002
    Wow... no-one anywhere near those figures for me!
  • Dean
    Dean Registered Posts: 646
    Mine was 130k.

    Dean, if only the rest of the world was as well educated as you :thumbup1:

    Regards

    Dean
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