Why does HMRC make such a meal of Corporation Tax refunds?
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.
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?
The good thing about a busy January is that we have sent out a couple of hundred invoices! A bit caught out by one of my older clients who has paid his bill very promptly - and written his cheque as “two hundred and thirty one pounds and fifteen shillings”! Is it worth banking it anyway?
Over budget – again. Same story since I came into the profession in 1979: managers go to great lengths to set fee budgets for accounts and audit jobs, and junior staff completely ignore them and complete the job in their own sweet time!
A hectic end to the 2009 tax return filing season, made worse by it falling on a Friday.
Browsing the financial press over the weekend, I can't believe the sympathy being expressed for the poor souls with undeclared offshore bank accounts who are about to get a demand from HMRC because they didn't take advantage of the latest tax amnesty.
It's not only the Tax Credits Office that has us going round in circles at the moment. Over a year ago HMRC opened a CT aspect enquiry, which resulted in a long dispute over whether the director's loan account had actually been cleared by a book entry.
Another thing I could do without this month is clients who are unable to keep appointments. We all have them.
Can it really be over two years* since I last waxed lyrical on the topic of office paper fastening technology?