Member Since: 13th Dec 2000
10th Apr 2012
Have you considered incorporating the practice and having the qualified accoutants with a 51% shareholding - this works for ACCA so may be same for ICAEW. Maybe an option.
28th Nov 2011
Seems to be a lot of people who do PDF's - which is what I would prefer to do.
But what about signed copies how do you get round this - do clients print a copy sign it and send it back?
At the end of a job we always send accounts out for signing - some in a folder.
What about accounts for Companies House - are they sent hard copy and what about signing?
9th Nov 2011
To clarify matters - the granddaughter was definetly the purchaser she chose the property and engaged the lawyers to purchase it and the property is registered in her name. The grandmother only provided the funds.
9th Nov 2011
Are activities definitely CIS
Had a similar problem recently and client was issued with tens of thousands of pounds of CIS fines for late registration (automatically genereated by computer in about 60 or 70 envelopes which gave client a bit of a scare) - they had deducted (at the request of the subcontractor) and had paid over tax but not submiited any CIS returns.
We got involved and reviewed actual activities of subcontractor and these fell outwith CIS scheme - succesfully argued with HMRC and all fines were cancelled.
10th Dec 2010
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The place to find your answer when all else fails.
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12th Apr 2008
Can i Have information also Tax Buddy.
Thanks in advance
31st Aug 2007
Thanks for all your input.
Have phoned Advice Line to 'get if from the Horses mouth'.
They have confirmed as i and others thought that the invoice issued date is the relevant date for breach of registration limit.
23rd Sep 2005
I Would Recomend Drummhor
I can only agree with the other comments about Drummohr's Tax Assistant.
Just about flawless and if there is a problem it is resolved within hours.
Great value for money and a great product.
Used it to file online this year, no problems, only wish i'd taken the plunge year's ago.
They used to provide a free evaluation copy - you could try their website.
1st Mar 2002
Yes it Works
Have had this in the past. Had to explain it in detail to one inspector but he did approve the refund in the end.
28th Nov 2001
Thanks for all your comments. Most people seem to agree with my thinking on the NI overpaid.
However has anyone had any experience in recaliming the tax overpaid.
Subcontractor has been assesed on earnings and received credit for amounts deducted under CIS scheme.
He would have then paid any balance due.
Should he now not be credited with the futher tax paid on his behalf by the employer? (i.e tax at normal rates less CIS tax at 18%)
If he is he will then be entitled to a refund surely?