Member Since: 8th Nov 2000
19th Sep 2018
I’m so pleased that finally HMRC are going to start communicating about MTD. I’ve felt like a voice in the wilderness telling my clients about it. I’ve tried to prepare them; they mostly use spreadsheets so I’ve only been able to warn them about it and say that some functional and reasonably priced APIs should become available sometime in the future. I tell them that many of the technical staff at HMRC who should be working on this are allegedly dealing with Brexit. The dearth of information to help the millions of businesses who use Excel for their accounting has been scandalous so maybe if there is to be some publicity about it we will see some action.
4th Feb 2014
All in fee
I quote 'all in' fees and £1,100 would be quite reasonable and normal for a small limited company. However it would be out of the question to include a one off non recurring piece of work like a company formation in such a fee. I think the most likely explanation is that the client has not properly taken on board what the one off fee included and did not include. The lesson to be learnt is for the accountant to provide a written list of what the fee does and does not include, so that unfortunate misunderstandings do not occur again.