Not only is this a level of complicated arrangement that I wouldn't want to get involved in or advise on, there are things I know what I don't know as the saying goes!
I would however be very sceptical of any arrangement where the funds touch a personal bank account. It is very clearly accessible even if they do have a legal obligation to fulfil a duty, surely that separates the parts of the arrangement.
Completely agree.
I reviewed my client list and position I am at with each, and I have just one set of records still to come in but otherwise I am ahead of where I was last year.
Giving a delay to the deadline will just make last minute clients feel that they can wait even longer.
We may be at a point where practice workload is at 50% for a period other than month end payrolls, quarterly VAT, or some ongoing bookkeeping.
My answers
Not only is this a level of complicated arrangement that I wouldn't want to get involved in or advise on, there are things I know what I don't know as the saying goes!
I would however be very sceptical of any arrangement where the funds touch a personal bank account. It is very clearly accessible even if they do have a legal obligation to fulfil a duty, surely that separates the parts of the arrangement.
Do you mean the spelling?
Bureau is a word of french origin, so the plural of bureau isn't bureaus, but bureaux.
Completely agree.
I reviewed my client list and position I am at with each, and I have just one set of records still to come in but otherwise I am ahead of where I was last year.
Giving a delay to the deadline will just make last minute clients feel that they can wait even longer.
We may be at a point where practice workload is at 50% for a period other than month end payrolls, quarterly VAT, or some ongoing bookkeeping.