Member Since: 9th Jan 2013
8th Aug 2020
I am looking for precisely the same. I understand that A2X is one that some people use, although it only imports monthly summary figures. I too am considering Link My Books.
Any users who can recommend this or similar?
1st Jul 2020
In addition, I have just filed a set of accounts for y/e 30 June 2019 and the next year's accounts (y/e 30/6/2020) are showing as due in 12 months time!
So not only companies with filing deadlines imminently? Error? What is going on!
25th May 2020
The Treasury Direction states that, amongst other things, a person is a fixed rate employee if "the basic hours worked in a salary period do not normally vary according to business, economic or agricultural seasonal considerations."
If an employee regularly works overtime I would therefore conclude that he/she is not a fixed rate employee.
I don’t have any clients affected in this way but, and it’s conceivable that I may be reading this wrong, taking the above quote in isolation, I would take it the opposite to how you have interpreted it.
(If)... “the basic hours worked in a salary period do not normally vary”
I read that in the context of Basic hours and Overtime hours.
21st May 2020
Same for me. Been trying daily for almost 3 weeks. I have made various complaints, to the ombudsman (after my Barclays complaint was ignored), I’ve also emailed Jes Staley the CEO to exhibit my disgust. Also my local MP is trying to get something done supposedly.
I have a client in the same situation. Sadly, he really needs the support, being in an industry where he had to pause trading shortly before the lockdown and will be unable to restart anytime soon (leisure / fitness industry).
My client’s business will be forced into insolvency at the end of this month. The Loan would have saved the business so Barclays have a lot to answer for.
27th Apr 2020
I assume she/he was a tax barrister or similar? Would be interesting to know. It’s not as though her/his answers were limited to a concentrated area of specialism (in my view anyway).
Very entertaining to read I must say.
22nd Apr 2020
Thanks, glad I'm not the only one.
Also, if you look at their guidance at https://www.gov.uk/guidance/work-out-80-of-your-employees-wages-to-claim...
Scrolling down to the bottom third (roughly) where the heading is "If your employee is not furloughed for the whole pay period or you top up their pay", their example works out the ER NI in exactly the same way I have.
Furthermore, on a different point, surely their guidance is wrong, as in it, they are allowing employers to claim the ERs NI on 100% of the salary as opposed to 80%.
21st Apr 2020
It is 80% of salary after the date of furlough. So, if worked up to and inc 20th March, then furloughed from 21st, the claim is 80% of 11/31.
This is how the online calculator calculates it (where employee is paid the same amount each month). I haven’t done a varied pay claim yet, that’s for this eve and tomorrow.
17th Apr 2020
Thanks for this, I wasn’t aware. I expected that the usual postal codes plus email codes would have to be sent if client signed up for a PAYE online account.
15th Apr 2020
No idea what everyone is talking about.
If he's not vat registered then he claims the whole cost £18 as an expense to reduce his tax bill.
And op. Just so you know. Your tax return should state your turnover including commission. And your expenses should include the whole commission fee.
The OP asked whether he can “claim this back”. He is talking about the £3 VAT charged on the £15 commission.
The answer, as has been provided, is that he cannot, unless he is VAT registered.
Yes indeed he can claim tax relief on the vat inclusive commission (assuming he is non vat registered), but the question was specifically about claiming back VAT.
12th Apr 2020
Assuming you are not vat registered yourself (your question “is there a form for this” leads me to my assumption), then the answer is no, certainly not.
The cost to you is £15 + vat = £18 commission
Edit: post crossed with Lion’s although we are essentially saying the same thing