Back in the 80 s I was on about £14k a year as an Inspector.In the year I left the Dept,my tax,nic,penalties and interest yield was over £300k.You do the math.
Bizarre.I have worked for qualified firms without a tax specialist.Yet they would be authorised under the proposals.No need for any new regularity body;HMRC AML unit would just require a limited degree of expansion.Although the fees are already prohibitive.The big offenders by definition would have to be “authorised “ firms.A sophisticated taxpayer with a lot of money to “hide” is unlikely to use an unqualified back street accountant.Years ago Investigative Inspectors working on grass root investigations covered their costs ten times over.Surely the answer is to go back to that system ?I am glad that I am about to wash my hands of the whole process.Best of luck to those staying in the industry.
Interesting I was this year ripped off by a company whose directors had stripped the company of cash,leaving customers high and dry.I am more or less solely a tax person,and the advice on this site suggested that the unqualified report was purely for the shareholders direction.No more and no less.
I have dipped into their show now and then.Whats their hours 3 per show ? £200 an hour ?Compared to some BBC presenters probably reasonable value.Surprised Hawksbee got away with it.But there again some of these Judges hmm ?
Back duty was a pre curser to the Accounts Investigation Course.I took that course which took about a year to finish.You first had to pass an accounts preparation course at the end of the first week,then a final exam. you had to get at least 60% based on three papers in the final exam.Fail either of these exams and you were “back squaded “.The course was very good,depending of course on the quality of your tutor. I remember being “invited” to Woking tax office once.It was a bit of a dump.
Interesting,but the big boys come up with this rubbish a lot of the time.Most Mid Tier firms have an SB Unit and presumably they will go the same way ?
However I am surprised a “one man band “ operation could survive with just 30 such SB Unit clients ?For that sort of fee level would it really be sustainable?
Does make you wonder where the industry is going.
I always have problems integrating employment rights when running the test.
If all the other factors determine the result,then employment rights then flow from this ?
That said of course if employment rights,are already in the “contract”;then stop there,clearly an employee ?
This is absolute rubbish.If you believe you are giving a good service for a fair fee,then that’s all that matters.Personal recommendation outperforms all the clever marketing strategy every time.The Lecturer had probably not worked for very long at the coal face.
My answers
If you are not a member of a “professional “ body ,don’t you have to be registered for AML with HMRC anyway ?
Back in the 80 s I was on about £14k a year as an Inspector.In the year I left the Dept,my tax,nic,penalties and interest yield was over £300k.You do the math.
Bizarre.I have worked for qualified firms without a tax specialist.Yet they would be authorised under the proposals.No need for any new regularity body;HMRC AML unit would just require a limited degree of expansion.Although the fees are already prohibitive.The big offenders by definition would have to be “authorised “ firms.A sophisticated taxpayer with a lot of money to “hide” is unlikely to use an unqualified back street accountant.Years ago Investigative Inspectors working on grass root investigations covered their costs ten times over.Surely the answer is to go back to that system ?I am glad that I am about to wash my hands of the whole process.Best of luck to those staying in the industry.
Interesting I was this year ripped off by a company whose directors had stripped the company of cash,leaving customers high and dry.I am more or less solely a tax person,and the advice on this site suggested that the unqualified report was purely for the shareholders direction.No more and no less.
I have dipped into their show now and then.Whats their hours 3 per show ? £200 an hour ?Compared to some BBC presenters probably reasonable value.Surprised Hawksbee got away with it.But there again some of these Judges hmm ?
Back duty was a pre curser to the Accounts Investigation Course.I took that course which took about a year to finish.You first had to pass an accounts preparation course at the end of the first week,then a final exam. you had to get at least 60% based on three papers in the final exam.Fail either of these exams and you were “back squaded “.The course was very good,depending of course on the quality of your tutor. I remember being “invited” to Woking tax office once.It was a bit of a dump.
Interesting,but the big boys come up with this rubbish a lot of the time.Most Mid Tier firms have an SB Unit and presumably they will go the same way ?
However I am surprised a “one man band “ operation could survive with just 30 such SB Unit clients ?For that sort of fee level would it really be sustainable?
Does make you wonder where the industry is going.
This beggars belief !
I always have problems integrating employment rights when running the test.
If all the other factors determine the result,then employment rights then flow from this ?
That said of course if employment rights,are already in the “contract”;then stop there,clearly an employee ?
This is absolute rubbish.If you believe you are giving a good service for a fair fee,then that’s all that matters.Personal recommendation outperforms all the clever marketing strategy every time.The Lecturer had probably not worked for very long at the coal face.