Am I mis-reading George Osborne's proposals, or is he seriously thinking of setting a £30-45,000 per annum cap on pension contributions next year?
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.
Once again I have come away from the Budget with the impression that it wasn’t half as bad as it could have been, yet with that nagging feeling that while I was distracted the chap standing at the despatch box has nicked my wallet.
I suppose as a tax adviser I should welcome yet another Budget this year. After all, legislative chaos generates a good stream of fees for us!
Like many firms, we offer fixed fees with nearly all new clients we take on. People seem to expect it these days – and to be honest, so would I if I was engaging an accountant.
This year’s tax books and annuals are coming out, and I have made a decision – I’m not going to buy the any more.
I have been thinking about why clients leave, and what we need to do to keep them.
I get the impression that some non-audit practices – and even some larger firms - don’t pay a great deal of attention to accounts disclosures in unaudited company accounts.
Some time you've just gotta go, at least that's the impression I get from some clients. But I'd appreciate a little more honesty.
So don't tell me you're leaving because of our fees, and then go to the biggest and most expensive firm in the area.
I must say I'm rather taken with these new HMRC tax toolkits. Nice to get something useful from HMRC for a change.
Some years ago I started getting excited about online accounts software. And nothing much happened. Then the floodgates opened and in the space of a couple of years we have been inundated with any number of new SaaS offerings, a veritable A to Z, from Aqilla to Xero (not quite Zero I'm afraid)!