Silly questions 1.
I love my clients, I really do. They are the sun and the moon to me.... ;oj
But sometimes I am left speechless.
So this week I picked up some paperwork. While I'm standing there, holding the box of files and a carrier bag of receipts, the client (whom I love more than air....) says "so, what will the tax bill be?"
"Well," says I, "I'm not sure. I'll have to open the files and work on it".
"Yes but, you must have a rough idea?"
So, bit naughty and a sarcastic, (I know. sorry), I held the box up as if I'm testing the weight of it. Wiggle it a bit, and say "Well, I think going on the weight of the stuff, I'd reckon round about £1,900......"
"ah ok that's ok" he says.
Anyways, I've just finished, and his tax bill is £1,919.22.
No doubt I'll get told off for being £19.22 out on my estimate.
But I'm wondering whether to bother doing accounts anymore and just go by weight of the books.......
- Subscriptions not on HMRC list of approved bodies 261 2
- Why do HMRC have a different FPS liability to the amount I sent? 1,021 15
- Accountants' Error 86 1
- Entrepreneur's relief and LLPs 18 1
- Payment for goods received on last day of quarter but refunded the next - what options are open here? 57 2
- Companies House Abbreviated Accounts 358 5
- Deferral relief 39 1
- Wear and tear allowance 348 5
- Builder Gifted Deposit and capital gains 619 25
- HMRC Enquiry 469 3
- Daily Penalties 2012/13 195 2
- Share swap 86 1
- Cashback 314 2
- another ir35!!!! 198 2
- Settlement, or any other issues? 81 1
- Paint Manufacturer Flat Rate Scheme 93 3
- Buying blocks of fees 373 2
- Practical Query: Entrepreneurs and PPR Reliefs 270 3
- Tax treatment of cashed in American Savings Plan 169 2
- IR35 & Managed Service Companies 271 1
- Skandia using wrong address 1,425
- Nil Rate Band Trust - index linked debt by way of charge over property 737
- Any views 672
- HMRC Employers Diary 501
- International interest certificate 414
- Stamp Duty on share for share exchange 376
- Sale of business 327
- NOVA 237
- Advertising services? 231
- IRIS Open Books problem 223