David Gordon FCCA
Member Since: 14th Sep 2010
21st May 2021
VT are inexpensive, sensibly basic, and does not frighten my clients
21st May 2021
Only you know whether you are able to work in a large company environment.
Any large organisation requires administrative discipline with work scheduling systems commensurate with its size, whether it is Tescos or Deloitte's
The nature of it is that only bad news makes news. Meanwhile there are tens of thousands of professionals happily working for these companies.
if it suits you, you may have a financial with benefits reward far better than the average "Small" practice person ever attains.
Promises are not pound notes.
Nevertheless, this is one of those things where you have "Suck it and see"
Sitting around moping over what might have been, does nobody any good.
Bear in mind that the experience, if you decide to have a go, will enhance your CV
even if you decide after some time, that it is not for you.
21st May 2021
If you think a Return is required, file a Return.
14th May 2021
Yes it happened to me,
I immediately filed a correcting return, and corresponded with the claims persons.
fortunately all concerned were reasonable about this.
14th May 2021
Not your problem
Just make sure that your letter of engagement clearly sets out that your interest is from
date of letter. That you have/take no responsibility for anything prior.
Just make sure your balance sheet is correct.
27th Apr 2021
No, it s not frustrating, it is just that the client did not ask wha would happen beforehand.
It is the law of unintended consequences.
I have a number of now ex- clients, who because of IR35 have moved to PAYE.
this means that they are unable to pay last year's CTAX because the company has no income.
So, I just write to HMRC and tell them the company has no funds, what are you going to do?
12th Apr 2021
Gently but firmly, "I think he deserves" does not cut it.
It is not a matter of deserve.
It bothers me, as an ancient barnacled practitioner, that you do not appear to know that the information passed without fee charges, to the successor agent is set by ICAEW or ACCA rules and or precedent.
As regards the registered office, we provide this as a paid-for service. It is a real service. How much junk advertising do you field for clients through this service?
No-pay? No service!
At the end of the day if the professional relationship between the practitioner and the client is broken, for whatever reason, there is no such thing as a half-divorce.
9th Apr 2021
Notwithstanding, you should send the ex-client a clear brief note, Special delivery, (Recorded Delivery is useless) saying that you will not enter into any further conversation or correspondence with him. Include a bundle of the stuff you are required under professional rules to supply to his new accountant.With a note stating this is what it is, and it is the ex's responsibility to pass it on to his new accountant. Any further time spent will incur fees @ £250 per hour.
Ensure you have advised HMRC, all relevant departments, you are no longer acting for the client and or the company.
Also, if needed, change the registered office to client's address, but advise the client you are so doing.
Keep a clear record of your action in case the b***er complains to ICAEW or ACCA.
Send a copy to your PI insurer for the record.
This sounds a lot to do, but it is not. It should not take more than an hour of your time.
It is a belt and braces task, but is just in case the ex turns out to be the one in a thousand complete ar**h**e.
Actually, my motto is:The only dud client is one whom does not pay (In reasonable time) appropriate fees, and or kicks the dog.
To be fair to my colleagues I have observed that, in real life, it takes a gigantic enormous amount of aggravation for one of you to finally kick a nuisance out through the door.
(We are not herein speaking of real crooks or villains)
8th Apr 2021
Thank you DavyJonesLocker
The Cloud is not a subsidiary of Heaven or the fourth dimension. It is actually just a bl**dy great disc drive or two, situated in the back of beyond.
I have another problem with this kind of practice. The volume of stuff has increased exponentially during 2020. This is because most of us having been using our debit cards for stuff E:G; buying a newspaper. This means that the number of entries on some bank accounts has almost doubled. Coupled with this, some trade suppliers have taken to debiting the customer's bank account with each item purchased rather than one invoice. For example my plumber client buys twenty items on a visit to J**
Each item through the electronic till will appear as a separate d/d line on the bank account.
The effect that book-keeping time has enormously expanded, with a corresponding increase in dat held.
17th Mar 2021
It is not for us to comment because we do not know the objective facts.
The first thing to do is to send a letter of appeal with a request for postponement of collection, and for a full explanation of number involved. copy this to HMRC complaints.
With a comment that HMRC will be billed for time used to correct any of their errors.
In any event it should be possible to examine the taxpayer's records via the HMRC tax system
It is worth keeping in mind the judge's comments in the Elizabeth v British Gas case, which all of you should read up.
Counsel for BG opined that Ms Elizabeth should not have been upset about the outrageous bill because she should have been aware that this was merely a computer error, and these things happen.
The learned judge said (My translation & summation) Bullshit. At the end of every computer there is a keyboard and a hand with fingers. He ordered BG to pay Ms E £10,000 and costs, for its unacceptable pursuit of her.
All of you should read the case. "Computer error" is not a "Reasonable excuse" for unreasonable pursuit of an alleged debt.