Member Since: 4th Nov 2009
12th Jun 2020
Well said. Players are soft targets & there's always been a whiff of class snobbery about the attitude to lads from less affluent backgrounds exploiting their talent for football, boxing, music etc and making a lot of money doing so. Why shouldn't they? They're the ones generating the interest and the revenue.
CEOs & those earning megabucks in the City - or even at the top of big accounting or legal firms - are assumed to have earned their wealth, however tenuous their contributions to real economic value might be. Many are certainly no more worthy and often less so.
If there's a structural and financial problem in football, that's not the players' responsibility.
It's at the lower league levels that the financial fallout from the pandemic is being most keenly felt. These clubs are often integral parts of the communities they represent and provide valuable services within them. Most of the players at these clubs aren't on spectacular wages, their careers are short and always at risk of premature ending through injury or loss of form or favour.
As the article discusses, these are the clubs that could be lost - not just in the EFL but scores more in non-league football too. These are the players and support staff who'll be out of work - ordinary wage earners with families to support, not wealthy young men with flashy cars.
Football is much, much more than the 20 clubs on the Premier League's continuing gravy train. There needs to be a far greater "trickle down" of wealth if the integrity and fabric of the sport - not to mention thousands of jobs - are not to be lost and communities diminished.
13th May 2020
That's not a comparison that bears any relation to any office I ever worked in.
5th May 2020
Agreed. This is a very good and helpful piece.
It might seem like simple stuff but the best generic advice usually is. A lot of people are too stressed, anxious, self-absorbed etc to see it for themselves.
28th Apr 2020
Good debate - I'm glad this isn't my line of work and therefore not a dilemma I face.
The only "right" answer is what works for you and your clients.
The black and white views are unhelpfully divisive though - whether it's of the "you don't value your service if you don't charge" variety or the "you don't care about your client relationships if you do charge" type. Shades of grey, people, shades of grey.
14th Apr 2020
The disciplinary committee is quoted as saying that “the appropriate manner of dealing with a client who is a high-flying business executive may be different from that of the proverbial ‘little old lady’”.
You comment that clients in the entertainment industry have to be treated like 14 year olds, "which is probably when they stopped listening at school".
The profession really does itself no favours with such outdated and patronising (not to mention sexist in the DB's case) nonsense.
4th Dec 2019
Agreed. I deal with a lot of R&D tax claims and the one bad debt I've had was a company for whom I secured a 5 figure tax credit payment (they were genuinely engaged in R&D). The director put the company into administration as soon as the money was received and phoenixed the business (pre-TAAR). I, and many others, got nothing. It isn't always the advisers at fault.
That said, whilst I'm glad no R&D firm was implicated in this case, I do think a clean up of the sector is needed. I turn down "opportunities" if I don't believe there was any R&D. One director asked me about reputational damage if their claim were to be rejected and I said it would largely be mine. What happened? He went to another firm (apparently with no such concerns) & they secured a tax repayment for him. The business was an employment agency & there was no discernible R&D.
11th Nov 2019
The law "does not provide shelter for honest mistakes".
Far beyond the rights and wrongs of this particular case, that phrase should be profoundly disturbing to any citizen. In our rush to maximise supposed efficiency and reduce everything to the instantly tangible and quantifiable, we seem to have lost sight of rationality, not to mention fairness.
Contrast this with our government, which can apparently rack up mistake after costly mistake, yet its leaders remain untouchable, either through wilful dishonesty or sheer brass neck.
6th Nov 2019
Thanks, Lucy, this is a helpful round-up. It would be useful to mention those guides that are paid-for only.
I was trying to access the ICAEW piece but gave up when I couldn't even get to their pricing details!
23rd Aug 2019
Plenty of out of date tax books available from Amazon!
21st Jun 2019
Are love and hate the only possibilities? What about "s'alright"?