I have a friend who...
I work with an ACCA student.
He is from overseas and to stay in the UK needed to earn over a certain amount each year.
To hit his earnings thresehold, he started a small business doing tax and accountancy for small businesses outside of his day job.
He now has a visa - but not his qualification yet - so he winds up the company by striking it off and is concentrating on his last exam.
Trouble is, he has done this whilst owing circa £2k in CT!
I have tried to point out to him all of the problems with his activities to date and his plans going foward and that he has and is committing all sorts of "punishable offences" but as a memebr of the ICAEW I cannot access the rule book he is subject to and he refuses to listen to me as it doesn't suit him.
Can anyone help me point him in te right direction and give me guidance and what - if anything - I should do.
- Any Scottish members out there? 6,024 212
- CIS paid on behalf of a limited company 28 1
- Kind of shares to take in an LTD 33 1
- Distribution on cessation of trade 210 4
- Anti Money Laundering Checks 87 1
- Changing font size in VT Transaction+ 213 6
- Trademark Fun 193 5
- What's your best practice shortcut or 'hack'? 1,498 38
- Can I strike off a company by filing DS01 online? 194 2
- VAT Fuel Scale Charge for Fuel on Private/Personal Car 182 3
- Subsistence - god I hate it! 674 14
- How to issue a loan correctly? 215 2
- Would Director's dividends on non-voting C shares risk being classed as "earnings" for NIC purposes? 183 1
- Recycle old study books 368 9
- Share for share exchange 161 3
- Wind turbines 154 1
- Looking for a qualified accountant 527 2
- Locum Doctor claiming costs for Home Office 214 2
- FL Memo - Any Good 424 7
- VAT claim 365 6
- Raiders of the Lost Tax File 1,059
- Chartered Accountant in County Down N.Ireland 343
- IPP (International Pension Plan) income 290
- National Insurance 244
- valuation of intangible asset FRS10 and FRS20 224
- Joint construction arrangement CIS and VAT 223
- Cass 5 FCA Client Money Software recomendation 209
- Payments on account coded out?? 203
- Non Resident 161
- Franchise income and costs 147