May I add to this reminding of the potential of PPR problem when he sells the house?
Also... poss community charge. Local authorities are hot on this.
I've just sent a letter to another accountant (long standing client who left because she thought she got too big for us). I sent everything that was asked and ended with:
"We trust that this is all that is required as we would rather not have to comment any further. "
Yes... I meant include on the return in the usual way.
Anyone know the answer to the first question?
Thx for advice.There is a 31 March VAT return to submit. Ill do that as extra proof of reduction in work and then appeal as suggested.
Yes I know... I've already done that -
HMRC says it's a tax credit so the company will have to make a profit somewhere else so that tax relief can be claimed.
Client says she doesnt have to make a profit and she will get money back.She says shes done it before
I say not.
I'm just checking to see whether I've missed something
Interesting that this question has come on the same day as another from an accountant who was also having QBO trouble.
QBO and others we could name are not aimed at accountants but at clients. We do things differently/correctly and the software providers arent interested in whether we spend hours getting things right.
May I direct ketteringuk to my post under the other QBO Any Answers. QBO are pushing on tv etc and I said all along that clients would leave. And they are - I've just lost one because QBO 'does it all for you'.
Quickbooks are pushing their wares on TV, radio etc etc Unfortunately a couple of my clients have fallen for the hype and left my tender care thinking that they can do it themselves as that is what they have been told by both HMRC and Quickbooks.
If I've heard that 'you dont have to do much - it all balances - Sage (or whatever) has done it for you' I must have heard it a million times.
Of course it does if the balance is £5K in the suspense account!
Your comment is exactly the objection to MTD "unfortunately these only seem to address surface issues and assume no-one will ever do anything wrong". But clients using such software wont know they are doing anything wrong and really wont care. They dont appreciate your spending hours getting it right as they think the software is correct especially if your figs result in an increase in profit/tax.
But all software has its problems. I use Clearbooks but learning their system has not been a walk in the park!
Here's the link to the article Jennifer wanted you to see and quoted from.
>> Buying the right to recover debts
I've now found the answer thanks to John Groganja
I'm also intending to take 31 Jan off - my deadline date is going to be 30 Jan = reason being that HMRC's computer keeps going down and I'm not going to spend 31 Jan in a panic trying to submit and then only getting through at 10 mins to midnight