Member Since: 9th Apr 2015
12th May 2021
I'm watching a webinar on Wednesday next week to see how the software works and as I'm toying with the idea of shifting some/all my Ltds on there and passing on the charge. I'll then request a 14 day trial to see if I like it. Will more than likely do my own accounts on it (through to submission) during the trial.
11th May 2021
Been genning up on the tax situation over the last couple of weeks and as this is my first charity tax return, I don't want to muck it up.
Having now seen the first accounts I have a total income of 60k made of
Adoptions 3k (I've asked to see the form but not got it yet)
Shop Income 41k
Have I understood it correctly that the fundraising and adoptions are taxable but a/ this is tax free as being under 25% of total income and b/ if it wasn't vet bills and kennel costs come to considerably more.
10th May 2021
Paul Crowley wrote:
Several threads on HMRC not capturing tax returns
SEISS appears a common factor. Tax rebates also feature but probably as a lot of early submissions are tax payers looking for refunds.
We have only submitted 9. All with no issues, the only refund repaid quickly. That refund had SEISS claimed.
HMRC unable to explain or give consistent responses per prior threads
Thanks Paul, it was the first I'd heard of it until this morning. Ive spotted another thread just now regarding the same problem so I'll have a read.
8th May 2021
Can the client log in through the SEISS portal, this should then tell him the previous grants claimed. Guided a client through this via remote log in and it showed their 3 previous claims. Presumably clicking on these will give further details of the grant and when it was claimed.
8th May 2021
Hugo Fair wrote:
FWIW it's actually a neat (double) trick:
1. Add characters to the 'bad' word so that it's incorporated within a bigger 'word' (that appears not to be recognised by the oh-so-clever AI); and
2. Make those additional characters out of anything but normal text characters so that the human reader doesn't struggle to recognise the 'bad' word on its own.
For additional cheeky points, you can ensure those additional characters look like a censored string (like sticking two-fingers up at the not-so intelligent software)!
I don't know whether it still works but years ago you could use an ASCII character that acted as a space but in text it appeared as the full word, but bypassed the swearbot.
6th May 2021
Think I still have a copy somewhere. Great little program which also reminded me of Quicken, which I also used. Anyone remember it?
Oh, I see it's still available, and it looks like it's been updated quite considerably
6th May 2021
I'm quite impressed as to how you managed to get the sweary words past the swearbot.
Definitely worth informing the relevant body(s)
29th Apr 2021
Yes, that's why I posted the "Appreciate the 'availability' issue" comment above.
BUT how can the the PIM4110 comment not refer to the availability issue?
Wondering if we are (maybe always have been) putting too narrower an interpretation on the word availability? With the amount of nights when letting was not allowed it might be impossible for anyone to reach 210 if it doesn't count.
I have a couple of FHL's and hadn't considered this yet, but regarding the availability issue, my take would be that the property was available for letting, but restrictions meant no one was allowed to partake.
28th Apr 2021
My complaint is, qv 99 other threads, that the legislation isn't clear or well-communicated; and that in consequence, claimants and some of their agents (scaremongering? plenty of evidence on this forum, and it's early days yet) will self-penalise; and that both sides are likely to make errors in considering and (when it comes to it) presenting evidence.
That's a danger, how many, who are borderline but possibly legitimate, simply roll over and accept the penalty. I will happily stick up for any of my clients, once I'm satisfied they were potentially right to claim, if this happens.
28th Apr 2021
@ Thorsten Orr (OP).
The greater problem potentially however is that, if there is no Turnover on a Tax Return, HMRC might contend that there has been no trading and/or no intention to continue to trade and, on those grounds, contend that the SEISS income has been claimed improperly.
If SEISS has been claimed but no income received it may well be legitimate. One of my clients is a Quiz Host/DJ for pubs. He's only just returned to work since the lifting of the restrictions on 12th April, where he's done the odd garden evening. When I do his tax return for 20-21 there will only be SEISS.