Penalty or estimated figures ?

Posted by Eddystone PM | on Wed, 25/01/2012 - 12:43 2082 14 comments | report

I have just 2 clients whose tax returns won't be going in on time as I've simply not had their stuff, but one's a partnership (of 2) so it seems there will be £500 penalties. So not sure whether to do nothing and teach 'em a lesson, or bung in high estimated figs. with thousands more than usual to pay.

Thoughts, anyone ?

By the way, doncha just love those Barclays double sided statements ?

Comments

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Why prepare a return that is rubbish, and you know is rubbish

ACDWebb | Wed, 25/01/2012 - 13:28

Do not fabricate

Euan MacLennan | Wed, 25/01/2012 - 13:59

Ok, many thanks for the

Eddystone | Wed, 25/01/2012 - 18:19

Lets be sensible

refs8 | Thu, 26/01/2012 - 12:30

@refs8

ACDWebb | Thu, 26/01/2012 - 14:43

You right about getting rid

refs8 | Thu, 26/01/2012 - 14:51

penalty query...

mumpin | Thu, 26/01/2012 - 15:00

Penalties

ShirleyM | Thu, 26/01/2012 - 15:34

Penalties

Eddystone | Thu, 26/01/2012 - 17:23

Duty of care

pawncob | Mon, 30/01/2012 - 11:29

ethics

The Black Knight | Mon, 30/01/2012 - 12:41

Fully agree

refs8 | Mon, 30/01/2012 - 12:52

I've no problem with a reasonably arrived at estimate/provision

ACDWebb | Mon, 30/01/2012 - 14:19

Ok, so it was penalties !

Eddystone | Fri, 03/02/2012 - 22:15