Its probably 4-5 hours per week. He has full time employment. The group classes are at weekends at a rented studio. The private sessions average under 1hour per wk.
Nature of the business has changed - when it was set up it was intended to be a FT job (hence we claimed AIA on the equipment for the home studio. Plans changed.
I struggle with the balance of what is a trade and what isn't. He couldn't not register a 5k turnover business...but if he does keep it as a trade, HMRC could challenge the validity of the business. Doesn't seem fair somehow.
If he's only doing 4-5 hours per week he must have only done 9/10 weeks work to have 40 hours.
Surely he can't have a full years use of home calculation at that?
Thanks Kirkers. ~That seems right about needing work experience, etc. to be a full member of AAT and to be able to use the letters MAAT after your name. Can you point me in the right direction as to the guidelines / rules describing why I "cannot mention AAT to advertise services"? I am self studying so don't have a tutor to ask unfortunately. I would have thought (but may be wrong) that it is fine to list any study outcomes by way of credentials. So there shouldn't be anything against stating something like "I have a Level 3 Diploma from the Association of Accounting Technicians (AAT)"? Perhaps avoiding the word "certified" would be sensible.
There is a thread regarding this issue with ACCA. The general consensus was that you can't do it otherwise there would be very few people actually paying to become a member. As far as I'm aware (from reading others') is that it's all or nothing. You either become a member and advertise as AAT/MAAT/use the logo etc or you don't become a member.
You'll have to confirm with AAT themselves but you'll need level 4 before getting MIP anyway.
Not quite sure exactly what the requirements are for AAT but you must have had a certain amount of relevant work experience (eg, 3 or 4 years) and have it signed off by an appropriate colleague. For example, ACCA require you to work for 3 years in a ACCA approved training firm and have your work signed off from them.
There may be other requirements for AAT.
Without being a member, and holding a PC you cannot mention AAT to advertise your services. As far as I'm aware you can't use the word 'certified' anyway. I don't think the AAT is a certified qualification.
Nobody is going to come in and tell you what to write on your own homework.
If you'd said something along the lines of "I think it should be _____ because _____" you may have had more of a chance.
It's fine to ask people to perhaps spot things that may help you, or to steer you in the right direction of where to find your information but nobody is going to spend time telling you the answers on your homework for you to just copy it down. You'll never learn anything that way.
I don't know about not learning anything, in some firms getting others to do all the work (the art of delegation) and taking credit for their work once completed may well take you far.
It may take you far but doesn't necessarily mean you've learned from what you've taken credit for haha.
Nobody is going to come in and tell you what to write on your own homework.
If you'd said something along the lines of "I think it should be _____ because _____" you may have had more of a chance.
It's fine to ask people to perhaps spot things that may help you, or to steer you in the right direction of where to find your information but nobody is going to spend time telling you the answers on your homework for you to just copy it down. You'll never learn anything that way.
My answers
https://www.gov.uk/government/publications/genuine-hmrc-contact-and-reco...
If the third party is called Concentrix, then it is indeed legal.
HMRC Tax Credits are outsourcing a lot of these cases. You'll find their name on the HMRC website explaining this - I'll try and find the link.
Am I missing something?
If the client has to file on paper surely the return is already late? Deadline for paper filing was end of October.
Unless of course he's only just had his UTR/3 months grace etc.
40 hours?
If he's only doing 4-5 hours per week he must have only done 9/10 weeks work to have 40 hours.
Surely he can't have a full years use of home calculation at that?
1) Get an accountant.
2) It's only 'urgent' because you've left this until 11 days before the filing deadline.
3) You have a clinic and a client toilet.. if you've think you've escaped being liable for CGT in the future I think you're very mistaken.
4) If you're still confused, read number 1 again.
...
https://www.accountingweb.co.uk/anyanswers/question/can-i-call-myself-qu...
There is a thread regarding this issue with ACCA. The general consensus was that you can't do it otherwise there would be very few people actually paying to become a member. As far as I'm aware (from reading others') is that it's all or nothing. You either become a member and advertise as AAT/MAAT/use the logo etc or you don't become a member.
You'll have to confirm with AAT themselves but you'll need level 4 before getting MIP anyway.
Member In Practice I believe it stands for.
Not quite sure exactly what the requirements are for AAT but you must have had a certain amount of relevant work experience (eg, 3 or 4 years) and have it signed off by an appropriate colleague. For example, ACCA require you to work for 3 years in a ACCA approved training firm and have your work signed off from them.
There may be other requirements for AAT.
Without being a member, and holding a PC you cannot mention AAT to advertise your services. As far as I'm aware you can't use the word 'certified' anyway. I don't think the AAT is a certified qualification.
As an ACCA student you can't.
Regulation 8 prohibits it.
.
It may take you far but doesn't necessarily mean you've learned from what you've taken credit for haha.
Nobody is going to come in and tell you what to write on your own homework.
If you'd said something along the lines of "I think it should be _____ because _____" you may have had more of a chance.
It's fine to ask people to perhaps spot things that may help you, or to steer you in the right direction of where to find your information but nobody is going to spend time telling you the answers on your homework for you to just copy it down. You'll never learn anything that way.