Jekyll and Hyde
Member Since: 20th Apr 2010
8th Jan 2020
Perhaps February is the time to have a real conversation with this client! Clearly he has acknowledge he doesn't want to lose you.
31st Mar 2017
I have to agree with Kent Accountant on software not being expensive and can help most (not all) clients.
Free software: Quickfiler, VT cashbooks, to name just 2
Cheap software: VT transactions, Some elements of Quickbook online and Xero.
So for me its about educating the younger clients and those older clients that are winding down their businesses, keep their systems how they do it best. Like with all changes, it will take a decade to fully transform, by which time it will be all change again.
14th Nov 2016
I agree that since 2010 a 3 week period could be deemed to be insufficient.
What I cannot see is where the bad advice is?
In February 2010, the accountant met with the client and advised her on the PPR relif. Why did it take 4 months for the client to actally move I to this property? Also, if the advice from an accountant was to live in the property before sale, why was it put on the market and why did the client agree to sell prior to actually moving in.
I suspect the accountant had given right advice and has taken the hit here on the basis that the clients penalties has actually been reduced as a result of working together with the client on reducing the penalty.
Looking at the facts presented above, in foresight, I cannot see what the accountant could have done differently, other then telling the client that as a result in putting the property on the market before living I it, the client has caused this issue upon themselves.
15th Apr 2016
I thought that EA was designed to replace the payment for SSP..
... so now the government are saying that director only companies are not entitled to a government funded SSP payment, irrespective of how much they are actually paid.
26th Feb 2016
waste of time
Employees generally do not tick this box at present. Most do not even fill in boxes a, b or c on a P46.
24th Jan 2016
I agree with mascherano statement completely
Perhaps it's time we started jailing those accountants, solicitors and indeed bankers, which have been peddling all these schemes.
He is correct, he is not a tax expert and have following instructions from the professional advisors. As a profession we are all happy to hide behind the banner, my client advised mmeto include, etc, etc rather that acting as professional accountants and saying "no" to such wrongful activities.
8th Jul 2015
Tax planning now a target?
Am I reading this correctly? Surely tax planning is like financial planning and there is nothing wrong with it
29th Jun 2015
I agree with putting such a letter aside until emotions.....
..... settled. I do this now quite often with email, rather than answer them immediately. After all we can all read more than angle to an email and I have fallen foul of rushing to respond to an email only to later regret the wording.
Back to the disengagement of a client. My view is that I run my business for myself and no one else. I believe I offer a very good service at a reasonable price, some agree some don't. When I have a client that for what ever reason I feel does not fit with my model I will disengage. Up until that point of disengagement I have tried to change/mould the client with little or no success. I do not feel that putting an increase on the price is warranted or indeed good for my business as quite often this will come at a cost. I read a thread the other week that asked are accountants too polite for their own good (or something along the lines) and I would say yes. Quite a lot of accountants are afraid to lose a client and, in my opinion, fail to look at the bigger picture that the only way we are going to improve our industry sector (micro/small business) is to stop acting for the rouges and channel them all down the same direction.
Many thanks JAAdams for the link above.
25th Jun 2015
A welcome announcement
I welcome this announcement as well as the announcement recently about penalties. I hope that we are starting to see a trend of being more friendly and this extends to agents.
1st Jun 2015
I am against aggressive tax avoidance, however...
..... Isn't the issue also with the legal profession? In that doesn't the tax profession seek opinion from the legal profession (is a barrister) before the avoidance scheme is marketed. Therefore should the former head of the law society not look at improving their own profession first before critising another profession.
As for society, are we not also against the ambulance chasing solitors that seem to place no win no fee on anything?