Lots of director only payrolls all sorted for RTI.
Getting to grips with BTC, four self- assessment tax returns submitted.
This included two for new clients where just by amending the returns submitted by their old accountant, using more accurate POA’s (based on draft accounts), they’ll get a combined £8k rebate.
I continue to be surprised by the number of accountants who do not ask clients about current year business performance before finalising the previous year’s tax return and the POA’s. It’s such an easy way – doing it properly of course – to impress a client by reducing their tax bill.
Two new prospects to see and hopefully sign up next week, one more the following week.
And, even better – just got a s419 ICTA approved and all sorted after 12 months of negotiating with HMRC. Client is now £17k better off.
All in all a pretty good week.
Oh, I almost forgot two FPS submissions made, very straightforward - have I missed something, but RTI despite all the commotion doesn’t seem that bad.