So FA and QBO have (or will soon have) Lloyds feeds - yet Xero, once a leader in this area, have been saying "soon" for almost two years now.
Fitting gates must be lucrative for a sole trader to reach (or want to reach) the VAT threshold!
They're a little more expensive than I'd realised to be honest. I assumed it would be about £5k or so - and you probably can get a small/lightweight one for that, or a paid of automated swinging gates which seem to be much cheaper than sliding gates. Round here, (based on quotes obtained about six months ago) a rolling metal driveway gate of reasonable sturdiness to plug a 12 foot gap, with remote controls from the house, car key fobs, and a phone number for dial-in/text access for visitors will cost anywhere between £8k and £15k, supplied and fitted. £12k gets you a very nice one (or I think so anyway) and if someone was selling a few of those a year, plus doing off bits of repairs and maintenance work, they could easily turn over far more than the VAT threshold
Thanks for taking the time to respond Ian.
The demos at Synergy didn't make it clear that it would only be tracking the active window - but equally, I didn't bother to stick my hand up and ask :)
I'd imagine the only way to tell if the feature fits a user's working style is just to use it. At the very least, it could act as an aide memoire at 5pm when i'm having one of those 'what the hell did I do today' moments (even if the answer ends up being "spent too much time on BBC news and Aweb").
The thing about Onvio is it still (three years after launch) seems to be an 'indication of where TR are heading' rather than an actual product.
It's got the e-signing and doc storage, and now the VAT (bridging) software, and tax was seemingly all but ready (and looked like desktop) until they decided not to bother until IT gets the MTD treatment (which kind of makes sense if that WILL be 2021, but what if it gets pushed back?). In reality though, Tax and Accs are the core components of the suite and seem that they will be the last to be introduced.
Auto time record looked ok - but I suspect that for people like me that leave about ten windows open across two or more screens, it could be misleading - assuming it tracks (as it appeared) all open windowns and not just the main/selected one. Also, when I get a phone call, go to lunch, pop into a client meeting for ten minutes (which could turn into an hour) etc my computer will, I assume, still be merrily clocking up time to whichever poor client I had on screen last. I appreciate that you have to manually accept the time etc but I can envisage it telling me I've got twelve hours' work to select from, even though I've only been in the office for half a day.
I'm impressive with the new Onvio time machine though - this article is dated 21 May (Tuesday) whereas most of us had to wait until Wednesday 22nd for day one of synergy...………..
I wonder why all these celebrities migrated to this accountant, I think he was the master of telling such clients what they wanted to hear, ' were the home dodging tax'.
I bet on refection most of his clients found Mr Mundays behaviour was unusual at best. But he was the master con-man. But I suppose its amazing what you can get away with if you tell people the net results of his such behaviour meant paying less tax. I dont think any off his clients he defrauded will get anything back.
The real moral of this story is 'if something appears to be to good to be true, it probably is'.
I haven't seen anything about this case other than the article above - but it appears to me that the fraud was committed by a reasonably junior (earning £33k p.a.) member of staff so I doubt the perpetrator was all too involved in client contact(?).
This is one reason why I try to avoid having any online banking access for clients, and where I have to or they insist, I try and get it read only or otherwise restricted. I also prefer that any access is held at partner level only - I'd rather be inconvenienced by my manager asking me to run reports than have to explain to a client why half a million quid has gone missing without my knowledge.
I'm also fairly surprised by the number of clients willing to grant me complete access to their bank accounts containing (in some cases) hundreds of thousands or even millions of pounds. It's only when I explain my reservations that they seem to realise the stupidity of what they were suggesting.
I take your point about the exception to registration being available but withdrawal from MTD not being an option.
In your earlier paragraph you mention that it is likely to be several months later, when preparing annual accounts, that we realise that the client has exceeded the MTD threshold. As such, we have to assume that it will be the same case for the trader with a 'one off' sale exceeding the registration threshold, in which case they aren't likely to apply for exception from registration within 30 days are they?
So I don't think future 'blips' are a good enough reason to de-register. If a client is below MTD and then happens to exceed it and be late implementing it, then surely that is better than de-registering, having a blip, failing to re-register and finding out ten months later that VAT should have been charged for some time.
Trethi Teg wrote:
Suppliers (e.g. decorators merchants) will have to know which customers are VAT registered and which are not. This means asking EVERY customer the question (how do they know who is a builder and who isn;t) and those that say that they are will have to provide documentary proof which will have to be recorded and retained.
Have I got it right or have I misunderstood.
This bit I reckon you've misunderstood. I suspect that the supply of materials, especially by general retailers but probably also for builders' merchants, will continue to operate in the normal way.
While we're on the topic of being completely off-topic, the percentage of women working in sewers or as refuse collectors is roughly zero. Does this concern you at all? Or is equality only important in the nice jobs?
It's worse than that to be fair.
She wants fair pay and promotional opportunities - and if it ended there then I'd have no issue. But she also wants a twelve month sabbatical for each baby and to work part time if/when she does come back (whilst still getting promoted, obviously). Oh and flexible working outside core hours (which normally results in lower productivity as customers and suppliers are probably shut and the staff she's supposed to be in charge of all work 9-5) Finally, she want us to force her husband to run the hoover round once in a while.
I think that's it. Oh an if we object then it must be US that are deluded.
"These are decisions that couples are reaching freely, together"!! Give me a break. How many men give any serious consideration to rearing their children? How many men do you know who stayed home to bring up their children? I know of one! When we had our child and I had the fateful conversation with my husband about him doing his fair share the answer came back, "What's it got to do with me?" That's it in a nut shell. Men inexplicably think that because a woman carries a child for 9 months on her own with no input from him that forever after women are solely responsible for everything domestic. Women want equality but men are determined to hold onto their unfair advantages. Men are never going to change unless women force them to.
I have no issue with equality. I have issues with discrimination. Furthermore, we live in a Capitalist world where employers seek to reward hard work, dedication, experience and skills rather than pool staff by arbitrary indicators (be that race, sex, gender, hair colour, star sign or anything else that has no bearing on their value to the employer) and make sure they promote/reward equal numbers from each group.
You seem to think that because your husband didn't want to pitch in that none do. Whether or not that is the case, the answer is perhaps to have that conversation BEFORE marrying someone and having children with them, rather than expecting a leg up in life to make up for 'missed opportunities' that were nothing to do with the people you now seek to gain an unfair advantage over.
Nope - you still don't get it. If you really believe that women have a completely free choice then so do men. But most men choose not to take the sharing role.
As Andy says - that is a matter for the women and their partners, not for the employer, and certainly not evidence of stunted career progression or justification for an unfair advantage in the workplace.
You seem very angry at your husband, judging by the posts you've made on here.
Women do want to go back to work, but on the same terms as the men - i.e. why should a women put in 40-50 hours of paid work and still have to pick up another 40 hours of domestic work while the other half only has to do the paid work.
What percentage of women want to go back to work?
Of the last four ladies to go off on maternity in my office, one had no intention of ever working again and three came back part time.
Of the three that came back part time, two have no interest in career progression and would happily take a home-maker role if their husbands' income was sufficient.
The three above ladies, it seems by your logic, are all poor defenceless beings who have been discriminated against by us and by their partners and who deserve a leg up so that they can earn a decent wedge too. Except they aren't - they're all very happy doing the school run, the shopping, and anything else they are able to do without the burden of a full time job.
The remaining lady is the one most interested in career progression but still chose not to tell us when she was coming back until the last moment (her right of course but made it much harder for us to plan etc) and still wanted to limit her hours because she wanted to make sure she spent plenty of time with the baby. Again, fine - but it would hamper her progression if we had a male or female equivalent, just as good as her, who was hungry for hours so as to gain experience, prove themselves, and make themselves indispensable to us.