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Quote request from a business in EX10

Created on
Mon 29 December 2014 1:54pm
Region
EX10
Type
Business

Business details

Number of employees
1
State of records
In a file or box
Business age
Less than a year
Current turnover
None yet
Type of business
Sole trader
I was in business with my ex partner. I set up a personal account that transactions went into until she bought me out in February 2014. However, that income was accounted for by a limited company that she was director for. I need advice on whether I am liable for the tax the income on that personal account and also on what tax I am liable to pay on the money that she spent on buying me out.

Based in London. Willing to work remotely as well as locally.

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