Transfer title of company car to personal?
I am VP of my dad's company. How would I go about transfer title of company car to me as a personal car? I'm about to ask my dad and accountant. But maybe yall have the answer already.
Buying & Selling - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yall makes you American so i don't know how it works in the USA, but in the UK you'd both have to fill in the back of the log book and send it to DVLA.
Answer 2 :
You need the title signed over to you and a bill of sale showing you bought it. Take those to the courthouse, pay the taxes & tag and the new title will come by mail in 3-6 weeks.
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Wednesday, May 14, 2014
Wednesday, May 7, 2014
Is their any software on net where I can do this easily?
Is their any software on net where I can do this easily?
Hi, I am a accountant. I am preparing a balance sheet but because of staff shortage and time pressures I cant complete it on time. There is lot of common data with last years which I need not retype and I can manage by editing last year’s balance sheet ? Is their any software on net where I can do this easily??
Software - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Are you using Microsoft Excel or Open Office equivalent? Create a template file from last years data set. The layout can then be secured and only leave unlocked the input data cells. Everything else will be locked so all you will have to do for the future, is load up the template and enter the data. Then do a Save As and name the file accordingly. The template file needs to be of this read only status. So it will not therefore be overwritten. I am assuming the business is small as they would not be employing you to send queries of this sort to the web. Tell them to buy in a temp and get them to set up templates while they are there. Jonah
Answer 2 :
type accountancy software into your search bar and you should be able to choose from the list of software that suits your needs
Answer 3 :
If your company BUYS a good Accounting App, NOW, like QuickBooks, you can do this magically, NEXT YEAR. They should have done this ages ago. And, QuickBooks may be able to import Excel data from last year, if that's what you used last year, AND, if it was saved in the right format. If not, you will have to load last year's data into QuickBooks manually. But, next year, it'll just be a couple of clicks.
Answer 4 :
1. Copy one XLS file to the new XLS file. 2. In the new XLS file, update the year and any other data you need. 3. Done.
Read more other entries :
Hi, I am a accountant. I am preparing a balance sheet but because of staff shortage and time pressures I cant complete it on time. There is lot of common data with last years which I need not retype and I can manage by editing last year’s balance sheet ? Is their any software on net where I can do this easily??
Software - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Are you using Microsoft Excel or Open Office equivalent? Create a template file from last years data set. The layout can then be secured and only leave unlocked the input data cells. Everything else will be locked so all you will have to do for the future, is load up the template and enter the data. Then do a Save As and name the file accordingly. The template file needs to be of this read only status. So it will not therefore be overwritten. I am assuming the business is small as they would not be employing you to send queries of this sort to the web. Tell them to buy in a temp and get them to set up templates while they are there. Jonah
Answer 2 :
type accountancy software into your search bar and you should be able to choose from the list of software that suits your needs
Answer 3 :
If your company BUYS a good Accounting App, NOW, like QuickBooks, you can do this magically, NEXT YEAR. They should have done this ages ago. And, QuickBooks may be able to import Excel data from last year, if that's what you used last year, AND, if it was saved in the right format. If not, you will have to load last year's data into QuickBooks manually. But, next year, it'll just be a couple of clicks.
Answer 4 :
1. Copy one XLS file to the new XLS file. 2. In the new XLS file, update the year and any other data you need. 3. Done.
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Thursday, May 1, 2014
my friend told me you can get out of tax at 17?
my friend told me you can get out of tax at 17?
She signed an agreement with an accountant that at 17 if your in full time education (which we are) you don't have to pay tax? She said it was on 33 hrs per week, but what if you work more than that, can you still get 33 hrs work non/un-taxed? As I want to work in the summer, but I will work over 33 hours a week.
United Kingdom - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Your allowed to earn so much before you have to pay tax! I think its about £3500 then your taxed!
Answer 2 :
I didn't think anyone in full time education got taxed. I didn't when I worked over the summer hols when I was at uni... I was doing about 35 hours a week on average
Answer 3 :
If you are in full time education then you do not pay tax on earnings, so long as you earn under a certain amount. You can just ask your employer for a form to fill out. If you've been taxed already then when you fill out and hand in the form you should get that tax back at the end of the tax year in April.
Answer 4 :
if you are in further education no matter what your age and just work evenings and holidays then yes your friend is correct you do not have to pay tax as long as you complete a student form and do not earn over the tax limit for the current tax year, this year is £5225.
Answer 5 :
I don't quite understand how the accountant has agreed this. You will pay tax after you have earned over £5225.00 (the basic threshold), unless you provide your employer with the appropriate form:- FORM P38(s) You do not have to deduct tax from the pay of a student who works for you solely during a holiday if • this form is filled in on the back, and • the student's pay in your employment does not exceed £5,225. Where the student's pay in your employment exceeds £5,225 you must • deduct tax using code 'OT week 1/month 1' in accordance with paragraphs 110 and 111 of the booklet CWG2 Employer Further Guide to PAYE and NICs. If 5 April falls during the period of employment, the student must fill in two of these forms, one for the tax year up to 5 April, and one for the new tax year from 6 April. If you think you are due a refund, you will need to apply using Form P50 Have a look at this link and see where your circumstances fit. http://www.hmrc.gov.uk/allforms.shtml
Answer 6 :
the other answers are a bit muddled. First of all everyone pays tax, no matter what their age, if their income goes above a certain amount. For everyone under 65, that is £5225 in the current year. This £5225 is divided by 52 to give you £100 tax free each week. Anything over that is taxed at 10% and then 22%. The form P38(s) which someone else mentions can be signed only if you are only working during the school/college holidays. If you work during term time, you cannot sign this form. The idea behind this form is that if you sign to say your income will be under £5225 for the year, the employer does not deduct tax and you dont have to go to the bother of reclaiming it. Its not the number of hours you work which is key, but the amount you earn - as I have said above anything over £5225 in a year is taxable.
Answer 7 :
I do not think it has anything to do with your age. It is based on how much you earn in yearly wages. There is a minimum amount you can earn before you are required to pay taxes. I am sure if you call the IRS, they can help you. Their number is 1-800-829-1040. Good luck!
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She signed an agreement with an accountant that at 17 if your in full time education (which we are) you don't have to pay tax? She said it was on 33 hrs per week, but what if you work more than that, can you still get 33 hrs work non/un-taxed? As I want to work in the summer, but I will work over 33 hours a week.
United Kingdom - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Your allowed to earn so much before you have to pay tax! I think its about £3500 then your taxed!
Answer 2 :
I didn't think anyone in full time education got taxed. I didn't when I worked over the summer hols when I was at uni... I was doing about 35 hours a week on average
Answer 3 :
If you are in full time education then you do not pay tax on earnings, so long as you earn under a certain amount. You can just ask your employer for a form to fill out. If you've been taxed already then when you fill out and hand in the form you should get that tax back at the end of the tax year in April.
Answer 4 :
if you are in further education no matter what your age and just work evenings and holidays then yes your friend is correct you do not have to pay tax as long as you complete a student form and do not earn over the tax limit for the current tax year, this year is £5225.
Answer 5 :
I don't quite understand how the accountant has agreed this. You will pay tax after you have earned over £5225.00 (the basic threshold), unless you provide your employer with the appropriate form:- FORM P38(s) You do not have to deduct tax from the pay of a student who works for you solely during a holiday if • this form is filled in on the back, and • the student's pay in your employment does not exceed £5,225. Where the student's pay in your employment exceeds £5,225 you must • deduct tax using code 'OT week 1/month 1' in accordance with paragraphs 110 and 111 of the booklet CWG2 Employer Further Guide to PAYE and NICs. If 5 April falls during the period of employment, the student must fill in two of these forms, one for the tax year up to 5 April, and one for the new tax year from 6 April. If you think you are due a refund, you will need to apply using Form P50 Have a look at this link and see where your circumstances fit. http://www.hmrc.gov.uk/allforms.shtml
Answer 6 :
the other answers are a bit muddled. First of all everyone pays tax, no matter what their age, if their income goes above a certain amount. For everyone under 65, that is £5225 in the current year. This £5225 is divided by 52 to give you £100 tax free each week. Anything over that is taxed at 10% and then 22%. The form P38(s) which someone else mentions can be signed only if you are only working during the school/college holidays. If you work during term time, you cannot sign this form. The idea behind this form is that if you sign to say your income will be under £5225 for the year, the employer does not deduct tax and you dont have to go to the bother of reclaiming it. Its not the number of hours you work which is key, but the amount you earn - as I have said above anything over £5225 in a year is taxable.
Answer 7 :
I do not think it has anything to do with your age. It is based on how much you earn in yearly wages. There is a minimum amount you can earn before you are required to pay taxes. I am sure if you call the IRS, they can help you. Their number is 1-800-829-1040. Good luck!
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Monday, April 28, 2014
Anyone else consuming large amounts of red bull, coffee and pro plus to get thru exams?
Anyone else consuming large amounts of red bull, coffee and pro plus to get thru exams?
I am planning an all nighter trying to come to terms with the concepts of correcting errors, the journal and incomplete records!! Errr what made me think I wanted to be an Accountant? This is only the first year :( I can do it, I've just left it late to revise lol. I got 83%, 81%, 68% and 67% in my mid terms.
Higher Education (University +) - 10 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Ohh yes
Answer 2 :
nesquik, woooo!
Answer 3 :
Please be careful how much redbull you drink.....it can cause heart problems. I am an accountant and I've been where you are but a lot of years ago.
Answer 4 :
gotta love the red bull. know a guy that use to distribute in the college library.. leaves a book on the table someone opens it and its made to hold a red bull inside.. genius!
Answer 5 :
yep, but make use of that time. it is too easy to be awake and blow off your time watching t.v. or something or get distracted.
Answer 6 :
It's a bad idea to drink red bull, coffee, and take pro plus. You could make yourself very ill doing that. Try to get plenty of sleep because pulling an all nighter is not the way to go :( If you're struggling to do your first year exams then you might be doing the wrong course tbh.
Answer 7 :
lol...it gets much harder dear....but if you get thru the first year you are prepared for what awaits you...I think I drank the equivalent of the hudson river worth of coffee...good luck.
Answer 8 :
My daughters friend did this and was so hopped up he couldn't set still and focus on what he had to do. Caffeine can make you jumpy as well as awake. If this is your first year of college, switch majors now. My nephew had his heart set on being an engineer. One semester in college taught him it was not for him at all. Now he is an accounting major. lol
Answer 9 :
You should never pull all nighters. This semester, I pulled like a week's worth of them and really regret it because I did poorly, and that's just like adding insult to injury. This however was when I HAD A.D.D and really slow processing speed. Now it's basically just show up, do the work and go home. So, if you really find lots of those are necessary to keep up, then well, you might just have something wrong with you.
Answer 10 :
I can't afford to buy those things to keep myself awake lol but I'll be up all night finishing course work!
Read more other entries :
I am planning an all nighter trying to come to terms with the concepts of correcting errors, the journal and incomplete records!! Errr what made me think I wanted to be an Accountant? This is only the first year :( I can do it, I've just left it late to revise lol. I got 83%, 81%, 68% and 67% in my mid terms.
Higher Education (University +) - 10 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Ohh yes
Answer 2 :
nesquik, woooo!
Answer 3 :
Please be careful how much redbull you drink.....it can cause heart problems. I am an accountant and I've been where you are but a lot of years ago.
Answer 4 :
gotta love the red bull. know a guy that use to distribute in the college library.. leaves a book on the table someone opens it and its made to hold a red bull inside.. genius!
Answer 5 :
yep, but make use of that time. it is too easy to be awake and blow off your time watching t.v. or something or get distracted.
Answer 6 :
It's a bad idea to drink red bull, coffee, and take pro plus. You could make yourself very ill doing that. Try to get plenty of sleep because pulling an all nighter is not the way to go :( If you're struggling to do your first year exams then you might be doing the wrong course tbh.
Answer 7 :
lol...it gets much harder dear....but if you get thru the first year you are prepared for what awaits you...I think I drank the equivalent of the hudson river worth of coffee...good luck.
Answer 8 :
My daughters friend did this and was so hopped up he couldn't set still and focus on what he had to do. Caffeine can make you jumpy as well as awake. If this is your first year of college, switch majors now. My nephew had his heart set on being an engineer. One semester in college taught him it was not for him at all. Now he is an accounting major. lol
Answer 9 :
You should never pull all nighters. This semester, I pulled like a week's worth of them and really regret it because I did poorly, and that's just like adding insult to injury. This however was when I HAD A.D.D and really slow processing speed. Now it's basically just show up, do the work and go home. So, if you really find lots of those are necessary to keep up, then well, you might just have something wrong with you.
Answer 10 :
I can't afford to buy those things to keep myself awake lol but I'll be up all night finishing course work!
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Monday, April 14, 2014
Tax returns: how do i work out how much i owe?
Tax returns: how do i work out how much i owe?
This is my first year of doing my tax returns and I can't afford an accountant? I have my totals of earnings and expended, but I do i know the sums to work out how much I owe?
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Just fill in the details on line. It will tell you. Just make sure you claim as much as possible to avoid over taxing. It really is easy. Dont worry - its quite simple.
Answer 2 :
I think that tax collection department helps people in filing their tax returns. Just fill the form and you will be able to get the rest of the guidelines online.
Answer 3 :
If you have registered to do it all on line the computer works out a figure for you and you pay there and then by direct debit. If any adjustment is made to that figure they then write and tell you if you owe more or are due a refund. They do not notify of refunds on line and that is spam.
Read more other entries :
This is my first year of doing my tax returns and I can't afford an accountant? I have my totals of earnings and expended, but I do i know the sums to work out how much I owe?
United Kingdom - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Just fill in the details on line. It will tell you. Just make sure you claim as much as possible to avoid over taxing. It really is easy. Dont worry - its quite simple.
Answer 2 :
I think that tax collection department helps people in filing their tax returns. Just fill the form and you will be able to get the rest of the guidelines online.
Answer 3 :
If you have registered to do it all on line the computer works out a figure for you and you pay there and then by direct debit. If any adjustment is made to that figure they then write and tell you if you owe more or are due a refund. They do not notify of refunds on line and that is spam.
Read more other entries :
Monday, April 7, 2014
Is their any software on net where I can do this easily?
Is their any software on net where I can do this easily?
I am a accountant. I am preparing a balance sheet but because of staff shortage and time pressures I cant complete it on time. There is lot of common data with last years which I need not retype and I can manage by editing last year’s balance sheet ? Is their any software on net where I can do this easily??
Software - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You could use Open Office. It's like Microsoft Office except free.
Answer 2 :
you did not mention what format the data is stored in...is it a regular spreadsheet format or xml...why dont you export as xml and then import it again into a new spreadsheet..think you should be able to do that..if your balance sheet is in excel format use openoffice and for the accounting bit you could use gnu cash open source and free http://www.gnucash.org/
Read more other entries :
I am a accountant. I am preparing a balance sheet but because of staff shortage and time pressures I cant complete it on time. There is lot of common data with last years which I need not retype and I can manage by editing last year’s balance sheet ? Is their any software on net where I can do this easily??
Software - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You could use Open Office. It's like Microsoft Office except free.
Answer 2 :
you did not mention what format the data is stored in...is it a regular spreadsheet format or xml...why dont you export as xml and then import it again into a new spreadsheet..think you should be able to do that..if your balance sheet is in excel format use openoffice and for the accounting bit you could use gnu cash open source and free http://www.gnucash.org/
Read more other entries :
Tuesday, April 1, 2014
I am searching 4 a banking job had a 5 years experience?
I am searching 4 a banking job had a 5 years experience?
am currently working as an accountant.will any body help searched in job bank,searching a job which shuold be on the west side of edmonton.
London - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
YOu should put your resume on Monster.com. They really do help you find a job or a job find you.
Answer 2 :
Create brief resume and general cover letter. Send to all banks (yellow pages) in area you desire.
Answer 3 :
Avoid Northern Rock
Answer 4 :
Monster.com is a great way of sending the message out that you are looking for work - post your CV on line there. Also try registering with totaljobs.com and set up job alerts by email. I am finding both these resources useful. Also, try your local papers too. Good luck!
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am currently working as an accountant.will any body help searched in job bank,searching a job which shuold be on the west side of edmonton.
London - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
YOu should put your resume on Monster.com. They really do help you find a job or a job find you.
Answer 2 :
Create brief resume and general cover letter. Send to all banks (yellow pages) in area you desire.
Answer 3 :
Avoid Northern Rock
Answer 4 :
Monster.com is a great way of sending the message out that you are looking for work - post your CV on line there. Also try registering with totaljobs.com and set up job alerts by email. I am finding both these resources useful. Also, try your local papers too. Good luck!
Read more other entries :
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