I eventually got through to a real tax inspector the other day to chase up one of my lingering s419 repayments and he helpfully took the time to explain the system, so I though I'd share this wisdom with you:
Practitioner's Diary
Life is tough on the front line of accountancy. For more than five years, our intrepid correspondent has been bringing us news and views from a typical West Country practice.
Am I the only one on the receiving end of some odd communications these days?
I am talking about exchanges of emails that completely fail to communicate anything. I was beginning to think perhaps my powers of communication were leaving me. Then I had a thought.
Over the years there have been some consistent themes since my earliest years as a trainee - no-one has ever wanted to do P11Ds or annual returns - or to be the office VAT expert!
And I still hate doing P11Ds:
Yes, how about them indeed. Like, how do you go about getting one?
Like getting CT refunds from earlier years following a loss carry back, getting s419 back when a loan is repaid seems to be equally difficult.
The so-called "quiet season" in February and March has always been the time we general practitioners catch up with CPD. Time to clock up some training hours before the new tax year starts.
... and I'm feeling a little depressed. Quite a major contributing factor has been the deluge of PAYE coding notices we have received for clients over recent weeks. Nearly every one has come in its own envelope, with THAT flyer.
Doing farm accounts requires a particular, even peculiar, set of skills and procedures. Like examining the Livestock Movements records.
Why does HMRC make such a meal of Corporation Tax refunds?
Good job we were already thinking about this. Just had the third phone call from a client (not the same one) asking if we can help with online VAT submissions!
Now we need a system.
Only a couple of months before we have compulsory VAT filing online for many clients. How many are ready?




















