This will clearly not happen - just a headline to keep regular PAYE taxpayers happy.
Assuming that the OP is getting paid for his services ....
bernard michael wrote:
If that is his attitude why bother to act for him. If he isn't going to co-operate.or want to resolve the investigation, disengage and leave him to HMRC
.... then (from a rather mercenary perspective) this will be an interesting case for the OP and from what they have said this will also offer some great experience that may help them in the future.
Some good advice
Interesting to read and good to see a genuine question answered so comprehensively
From experience, some people like to trade with people from their own country (I once worked for a company that established a base in Scotland and customers actually preferred to deal with a company registered in Scotland "SC" Co. Reg. - I am not sure if it is similar in Ireland / your clients industry?).
As a separate issue, has your client registered for VAT in Ireland ?
Who owns the car and whose private use are we talking about here?
Also, are you saying that the "pool" is just your client and his girlfriend ? (is she connected with the company ? - ie. a director or employee ?).
Trying to say that the keys are kept 1/4 of a mile away (ie a 2 min walk) without mentioning duplicate set of keys is a bit weak.
Does your client keep a log of mileage on this pool car ? - if it does 10,000 miles a year and 9,000 of them are run up by his girlfriend at the weekend then this might give you something to think about.
On the face of it, sounds like your client has been speaking to his mate down the pub etc.
These threads are quite common - I find them interesting (as an accountant who trained and has always worked in industry).
I wont insult anybodies intelligence by pointing out that in this scenario the accountant is not engaged to perform an audit, and other than asking obvious questions when something doesn't quite look right, what can/should the accountant do ?
This is the point where people suggest disengaging the client, but why ? (I guess it depends on their own personal moral judgement - not to mention the ability (financially) to do this).
Why Resign ?
You are being paid for the work by monthly SO (if I am reading correctly, the only work they are not keen to pay for is the additional setting up a new company).
If you have done the work and been paid for it then what is the problem ?
In reality it depends on what you are personally comfortable with and if you can (financially) happily resign.
dreamcatcher wrote:cheekychappy wrote:
So is the job in industry?
Yes the job is in industry. Again sorry if my OP wasn't clear, I thought by me stating I moved from practice to industry 2 years ago it would be.
To avoid further confusion I'm an FC working in industry and have taken on an AAT qualified who wants to study CIMA.
I have no problem with them studying CIMA. However because I studied ACCA in practice I can't add much in the way of advice to them and other than reading the syllabus I have little knowledge of what studying CIMA is like (what with the new multiple choice on demand exams etc).
Apologies - I didn't read your post clearly and assumed that you were in practice.
In industry then either/or CIMA / ACCA - not sure it makes much difference. As somebody else has said, the CIMA syllabus is very light on tax - not sure about ACCA (I think that you can probably get around studying too much tax by choosing other options if you wanted to).
I qualified with CIMA about 15 years ago and have always worked in industry. It used to be that most ACA's worked in practice and CIMA qualifieds worked in industry but these days it appears that there are as many ACCA qualifieds in industry (and practice !) than the other bodies.
They are your employee ....
.... so, what do you want them to do ? (ideally the answer would be the same for both parties, however you need to be the key driver).
From what you have said, it would appear that ATT would be most suitable option.
Change of Accountants ?
Looking at your previous post, you engaged this client in the last year.
You also make reference to their 2 previous accountants - out of interest, how many accountants have they had in the last 5 years ?
It may be that they change every year or so (probably about the time that the account asks (what they think are) difficult questions), and even if you are happy to have clients call you for 1.5 hours at 10:30 of an evening they may have already made the decision to leave.