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justsotax
Member Since: 26th Aug 2009
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Likes: 11
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justsotax
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My answers

23rd Mar 2020

lets just hope that he has got a grasp that many businesses have agents, and as such making applications for any loans/grants should be enabled on this basis.

He appears far more competent and exudes much more confidence than Boris, but lets see how easy it is to access the money promised (hopefully he has learnt that repeating a tagline multiple times in an announcement should be reserved for party conferences and budget day.....know your audience....other than that he seems to have a clue!)

Reply to
Tax payments deferred as Chancellor protects jobs
2nd Mar 2020

Priti Patel seems to be quickly establishing the same credentials....

In most small businesses you will inevitably select the person who most fits the role - why wouldn't you.....your business is dependant upon it. However this becomes less important when its someone else who is paying and the boss is merely looking for a yes man (or women) - hence why FTSE companies/government etc have many issues on this front....

Reply to
Redressing inequalities in the profession starts with your firm
24th Feb 2020

It is lovely in theory and there is no doubt has a place for some business owners....

But many small businesses are not looking to spend £000's to find out what they already know, to get caught up in extra paperwork in order to prove that 80% of what they already do is great, and that to get the other 20% they will have to spend extra money and time chasing that.

Accountants in most cases are lucky to have a client base which will have been with them for many years, who they know personally and understand what they require.

Reply to
Value-based service: No one wants a tax return or a set of accounts
11th Feb 2020

To be honest if its happening that frequently I would take some work with you so you can be productive if they cancel.

I would add that if you get that many cancellations then one wonders what importance the prospect/client thinks of your offerings.

Finally, I presume that if you have to cancel the meeting then you would be required to compensate the prospect/client for wasting their time....?

Reply to
Why practices should charge no-show clients
10th Feb 2020

ah if only he had won the lottery this would have easily been avoided....practically he didn't have the money so 'having sufficient funds' was never an option....

So accountant suggests submitting Tax return on time.....yep appalling advice....

Sorry I realise that in a perfect world you would be correct, but in an imperfect world it seems the accountant was trying to help....perhaps he had experience of the Revenues approach to 'time to pay'.....

Reply to
Late corporation tax return and payment cost £34,870
10th Feb 2020

Was the accountant offered the opportunity to provide (or not) evidence showing the basis on which he did not submit the Return, we only seem to have the taxpayer's view, which initially was to hold back the Return - any proof he then advised accountant to issue!?

But what do the Revenue - there only growing business is now penalties....I wonder whether they would be quite as opportunistic if they were billed by accountants/clients for time wasted when dealing with significant Revenue errors...

Reply to
Late corporation tax return and payment cost £34,870
27th Jan 2020

what a weird conclusion....so 'specialist tax avoidance ', which no doubt was supported by 'expert' tax barrister opinion and respective tax specialists....provide information to complete Return to 'general' tax adviser and he gets landed with the blame?! Does this mean in future that if you need to get a consultant or use a tax advice helpline then you too fall foul of the law.....ridiculous.....

(* Sympathy does ebb away a little if it is true that the guy involved did indeed encourage the client to look into this type of scheme....but then what part did the client play).

Reply to
‘Careless’ accountant did not understand tax scheme
23rd Dec 2019

nah, think it means that those who got in first with the scam get away with it....

Reply to
Government downgrades loan charge measures but may be back in the Budget
18th Dec 2019

erm….he hasn't got Brexit done yet....just a small point....

On the other hand I do hope he does get a good deal....its what we were promised....I can't wait for the 'benefits'.

Reply to
Getting Brexit done
16th Dec 2019

For better or worse.....I was promised better....by Boris no less....(prone to exaggeration...I can believe that)…..already I fear the start of realigning expectations of Brexit by the very people who wanted it......

Reply to
Conservatives win landslide majority: Accountants react
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