Member Since: 14th Apr 2002
29th Jul 2021
As a happy Moneysoft user for some years, I bow to the technical knowledge being shown here - for instance I had no idea that if an employee was not paid for three months, HMRC would think that they had left! That has never seemed to happen when we file Nil for 11 months and then put in annual directors' pay for Month 12.
Could tdhuria confirm that he filed all the reports that Moneysoft suggested? We just load all the clients into its RTI batch processor and file whatever is requested. No problem.
We checked one of our employer clients which has Nil pay and the only EPS is at the beginning of the Tax Year, otherwise it is FPS every month. This sounds like tdhuria's experience.
Another, where there are no employees, gets an EPS every month.
A final word on Moneysoft. They have coped with everything that has been thrown at them in recent years without missing a beat. The interface looks a bit tired and we have to buy Parallels and use Windows to run on our Macs, but stick with Moneysoft because of the high level of trust. It seems unlikely that they would be in any way 'lazy' in their dealings with HMRC.
Who would bet that some low level HMRC employee knows more than Moneysoft about this issue?
14th Jun 2021
14th May 2021
When I first read this I thought you were talking about 2018/19, which would have affected the first SEISS grants. Happily it is 2020 and as others have said, the client themselves would have been aware of the potential impact on SEISS at that time. So the embarrassment is limited.
Remember Dale Carnegie's advice - be your own worst critic. Harshly criticise yourself and others will come to your defence. I have found in my 36 years in practice that being honest about mistakes shows integrity that is appreciated - no-one likes a shifty creep who tries to cover up.
Further through the process, as others have said, the errors by others in this process will reveal themselves, and you will merge into the background.
Do let us know how you get on - rooting for you.
11th May 2021
I have suffered at the hands of LAUTRO 30 years ago, and a friend pointed out that all regulators are the same (he was in atomic energy). "Ve ask the qvestions" seems to be their mantra.
No idea why - honey gets better results than vinegar.
1st May 2021
Thank you. Not too late as I still haven't 'taken the leap' - I will watch out for their Ts and Cs as this sounds disappointing
If they have not delivered the service, why should you be bound by their contract?
14th Apr 2021
Sometimes people post really dumb questions here which open themselves and their firms up to the attention of the authorities.
"0098087" might seem anonymous, but it also says "Lewis and Co" against the picture of a cat - busted?
9th Apr 2021
I posted a similar complaint at this link a few days ago;
I was finding that clients who had been 'taken out' for 2020 were getting late filing penalties, so this latest instance is not a surprise and I will be carefully examining the HMRC portal for 2021 forms
1st Apr 2021
Brightpay is prettier but it is what is under the hood that matters;
Brightpay uses the traditional 'add this period to the year to date, re-total then move on' approach favoured by software developers for an easy life
With Moneysoft you can see all periods the year on one screen (like the old P11 on paper) and if you have to edit previous periods you can do so without unwinding everything and going back.
Aside from the fantastic pricing, bear this in mind. We use Macs and would love to use a Mac-friendly, pretty program like Brightpay. But we prefer to go through the fag and expense of using Parallels desktop and a copy of Windows (such!) so that we can use Moneysoft. It handles everything that officialdom throws at it - super reliable and capable
25th Feb 2021
I have posted my researches is a new thread https://www.accountingweb.co.uk/any-answers/inheritance-tax-and-probate-...
25th Feb 2021
But this is how it will work FOR US. When clients are forced to enable a Bank Feed, they won't be able to withhold their data and make our lives a misery. They also won't be able to invent round sum figures, which is why HMRC will increase the tax take