Member Since: 14th Mar 2012
9th Jan 2020
Couldnt agree with you more. Its ridiculous how are we supposed to do our job. Seems to me that hmrc hate accountants more than ever!
12th Nov 2019
I have exactly the same problem with a similar client. I made it quite clear I was not happy with the situation but in the end left it up to her. We can only advise and clearly more and more clients will do what they want to in the end. I used to take the moral stance and ask them to leave but its got to the point now where I would lose a lot of clients if I did this. I wrote to her formally advising against her 'vat avoidance' and if she chooses to ignore this there isnt much I can do.
5th Nov 2019
We have seen this increase over the past year or two.. What infuriates me is the number of so called backroom accountants working for cash and without practising licences. This is where they tend to migrate to.
Also you have the cloud software (tv advertised) which claims you just press the button and technically dont need an accountant.
5th Nov 2019
Thanks for the reply and exactly my thinking. For the small ltd contractors I think they are just going to walk away from any corporation tax liabilities if they no longer need their ltd companies. Cant believe the effect this is going to have on all industries. Just calculated for one banking contractor he is going to have to nearly double his daily rate just to take home the same amount of money. The bank wont pay the suggested new rate. Crazy times ahead
26th Sep 2019
Had a similar problem with Chinese withheld tax. HMRC CT advised our client to obtain a certificate of residency - produce this everytime (you can make multiple copies) and its supposed to stop them withholding the tax. Yet to prove if it works but this was their specialist advice
26th Sep 2019
We just tell them what to pay and when. Tell them a payslip for self assessment will be issued. For corporation tax we tell them what to pay, when and how. Its over to them - we are finding that most clients are refusing to pay, disappear or miraculously close their ltd companies straight away. Not our problem anymore - its sad because its not the service we used to offer. Changing times
22nd May 2019
Very strange we had the same request for a similar client moving - 6 years they wanted as well. Might be the same accountant (located in west midlands) - seems to be offering to half your tax bills apparently by using some sort of 'recharging creditcard system and thus reducing dividends taken by the shareholders'. Think it might be the latest scam. We only provided 1 years and told them if they wanted anything different to speak to the client who holds copies already
30th Apr 2019
No mixed and various different country platforms
29th Apr 2019
We are finding this more and more. Clients trying to do it them selves (aided by cloud software companies intimating that they dont need any accountant anymore). The things they are claiming for are unbelieveable - full home mortgage repayments. Kids private schooling fees etc the list goes on. BUT THEN they get stuck because they need a mortgage and cant get the required information......
11th Apr 2019
Would recommend Freeagent - the more clients you move to freeagent the cheaper the software is for you. Freeagent have also locked down the pricing for accountants.