Could I respectfully ask you to get back in your box in your ivory tower?
We have to comply with enough ineffective rules and nonsense without having someone stirring the pot to try to make it worse.
Most of us are acting for clearly legitimate businesses and just trying to earn a living. Our time is valuable so spending so much of it filling out silly forms grates a little. I know this will go over the head of an academic, since wasting time in return for a fixed and genourous salary and pension is all in a lifetime's work.
If you want to do something useful, why not ask regulators to focus on the specific firms out there who are in cahoots with fraudsters - rather than making everyone do a load of admin which the fraudsters clearly won't.
Till then, you do not represent me and I'd rather you piped down and kept to the corridors of the University of Essex - that hallowed seat of learning.
I checked this with ICAS when the rule came in and they said "yes" - yes, despite me the practice owner knowing that I have no record. £40 or whatever wasted, though that is the least of the costs associated with all this nonsense
I think Gen Z like to create the impression of as much drama as possible. They were brought up motivated by clicks and likes -rather than honesty and integrity.
Mind, as it goes, since I have licensed firearms at home, a visit from the police investigating any naughtiness is likely to be by a tooled up officer because they don't know for certain whether I'll go mad and start a shootout. Don't call a hotline - I won't! - and I haven't made any furlough claims.
For the "small salary and dividend companies" who are moaning:
As a 'self employed' accountant (who operates the above structure btw) the way I see it is that these structures were deliberately set up so that you fall between the two stools of employed and self employed.
This was done in order to obtain benefits such as:
- Paying virtually no NIC yet getting an NIC stamp
- Income tax deferral
Having deliberately fallen between those stools, it is a bit galling to hear shouts go up.
On another note, I wonder whether the gov will merely equalise NIC after all this.
Bolder measures, such as look 'through taxation' (which, btw, might also address 20 years of IR35 nonsense) or merging IT and NIC might be on the cards and could increase taxes a lot for people who currently don't pay a lot. Who knows what's in store.
I hope these scenarios are as made up as they sound.
An accountant who can't resolve a simple issue like this and without "anxiety" should set up a dog walking business.
Any stallholder who finds their money or accountant "scary" should.....actually....I don't know the cure - but then I have never come across such a person.
"Anxiety". "Scary". I'm sure people must be exaggerating when I see these terms bandied around. Just get on with the jobs you have to do and don't snowflake around with them. Then you have time for the fun ones. Simple really.
I have found that you don't get "trained" as such. That's more the realm of checkout/machine operating.
Instead, you get told where you have to get to, perhaps modest direction/hints - and then you get work which is your opportunity to sit down and figure out how to turn your knowledge into work and solutions that people will pay for.
The better a job you can do of figuring the various skills out with the live examples you get, the quicker you will get on. Yes, to get anywhere will likely involve some late nights and lots of unpaid hours learning more about important subjects like tax.
You have to decide the level you want to play at and progress towards it. But good luck hoping to get anywhere on 7 hours a day and being "trained" for everything. A skill of a professional (as opposed to a bookkeeper) is to be able to figure things out.
Tbh, if I say the CV of someone who had worked as a technician for 15 years - they are a technician for life in my eyes. Perhaps a very good one, but a technician nonetheless - not a true accountant/adviser.
My answers
Could I respectfully ask you to get back in your box in your ivory tower?
We have to comply with enough ineffective rules and nonsense without having someone stirring the pot to try to make it worse.
Most of us are acting for clearly legitimate businesses and just trying to earn a living. Our time is valuable so spending so much of it filling out silly forms grates a little. I know this will go over the head of an academic, since wasting time in return for a fixed and genourous salary and pension is all in a lifetime's work.
If you want to do something useful, why not ask regulators to focus on the specific firms out there who are in cahoots with fraudsters - rather than making everyone do a load of admin which the fraudsters clearly won't.
Till then, you do not represent me and I'd rather you piped down and kept to the corridors of the University of Essex - that hallowed seat of learning.
I checked this with ICAS when the rule came in and they said "yes" - yes, despite me the practice owner knowing that I have no record. £40 or whatever wasted, though that is the least of the costs associated with all this nonsense
I think Gen Z like to create the impression of as much drama as possible. They were brought up motivated by clicks and likes -rather than honesty and integrity.
Mind, as it goes, since I have licensed firearms at home, a visit from the police investigating any naughtiness is likely to be by a tooled up officer because they don't know for certain whether I'll go mad and start a shootout. Don't call a hotline - I won't! - and I haven't made any furlough claims.
Thank you for telling us just about every thought in your head ;)
Yes, my thoughts with them as well.
But our actions still need to take place and in line with helping the group of people who we are paid (usually!) to help.
Whatever you give, there is always someone who:
a) wants more;
b) wants a load of complex rules
For the "small salary and dividend companies" who are moaning:
As a 'self employed' accountant (who operates the above structure btw) the way I see it is that these structures were deliberately set up so that you fall between the two stools of employed and self employed.
This was done in order to obtain benefits such as:
- Paying virtually no NIC yet getting an NIC stamp
- Income tax deferral
Having deliberately fallen between those stools, it is a bit galling to hear shouts go up.
On another note, I wonder whether the gov will merely equalise NIC after all this.
Bolder measures, such as look 'through taxation' (which, btw, might also address 20 years of IR35 nonsense) or merging IT and NIC might be on the cards and could increase taxes a lot for people who currently don't pay a lot. Who knows what's in store.
Nick is making these made up cases more and more serious.
Once I have finished drafting my fictional problem, I might ask Nick for an opinion. Presumably that is how his fictional problem coaching works?
I hope these scenarios are as made up as they sound.
An accountant who can't resolve a simple issue like this and without "anxiety" should set up a dog walking business.
Any stallholder who finds their money or accountant "scary" should.....actually....I don't know the cure - but then I have never come across such a person.
"Anxiety". "Scary". I'm sure people must be exaggerating when I see these terms bandied around. Just get on with the jobs you have to do and don't snowflake around with them. Then you have time for the fun ones. Simple really.
I have found that you don't get "trained" as such. That's more the realm of checkout/machine operating.
Instead, you get told where you have to get to, perhaps modest direction/hints - and then you get work which is your opportunity to sit down and figure out how to turn your knowledge into work and solutions that people will pay for.
The better a job you can do of figuring the various skills out with the live examples you get, the quicker you will get on. Yes, to get anywhere will likely involve some late nights and lots of unpaid hours learning more about important subjects like tax.
You have to decide the level you want to play at and progress towards it. But good luck hoping to get anywhere on 7 hours a day and being "trained" for everything. A skill of a professional (as opposed to a bookkeeper) is to be able to figure things out.
Tbh, if I say the CV of someone who had worked as a technician for 15 years - they are a technician for life in my eyes. Perhaps a very good one, but a technician nonetheless - not a true accountant/adviser.