Member Since: 12th Jun 2015
Director of All Paul Limited, a modern, proactive firm of accountants based in north Leeds that focuses on helping smaller businesses and their owners manage their accounting, business and taxation.
Director All Paul Limited
11th Dec 2020
The grants are not restrictive funds in my opinion, unless they are to cover the costs paid out of a restrictive fund, and then it is debateable.
So if staff costs and business rates were being paid from a non-restrictive fund then why would the receipt of the grant be restricted.
Unless the government or local authority restricts how the grant may be use, which I do not consider that they do, then the grants should be credited to a general fund.
27th Oct 2020
With Windows 10 and built in speech recognition all you need is a microphone for £10.00 from the local shop, nothing if you have a modern laptop.
I think almost every day how much more efficient I am with speech recognition and how quickly I can dictate short or long emails / letters.
PS All of the above dictated through speech recognition, just had to capitalise Windows manually!
27th Oct 2020
I really do think that the professional bodies need to get into the real world and start representing their members' real interests rather than some fictitious world of perfection.
I do not agreed with racist and homophobic comments etc and the silly things that people say and do at times.
However, would I really feel the need to, or should fellow member have to, report them to their professional body for some minor misdemeanour.
26th Oct 2020
Most rules say that directors and employees are still 'employees' for most payroll related reasons even if they do not have an employment contract. Directors were not excluded under the CJRS, so why under the JSS?
Directors may work all hours god sends and as required, but they still have normal hours, whether that be 40 hours per week or 70 hours per week. Under flexible furlough I've asked how many hours they worked and what their usual hours were.
17th Sep 2020
What ever the rule actually says, the best and only person to know if they have a criminal conviction is yourself.
If like me you are a sole practitioner with no staff then what is the point of doing and paying for a DBS check?
I already know the answer about myself! i.e. I have no convictions.
13th May 2020
They are not subject to, or include, VAT. It is not a taxable supply by the company to the government. It is outside the scope of VAT. Furthermore, there is no consideration receive for the grant. It is just that 'a government grant'
28th Apr 2020
The more I think about this, the more I cannot take some of you accountants seriously. Why would any sane business person (and supposedly a trusted advisors) recommend giving away their time, money and energy for free just because of a temporary economic situation. I do not see their 'goodwill' having much value. It will soon be forgotten …. if ever it was noticed / remembered.
Why you do work without agreeing a fee …. in the hope that 75% of your clients will pay it? Clearly 25% do not value your work!
28th Apr 2020
I'm charging £15 for small companies each month. I'm invoicing at the end of June when hopefully we are mostly all back to work.
A client said that they'd do their own as they have free time. They couldn't do it and so I did it for them.
'£15 is a bargain' said one client.
Is anyone else that you are a customer of giving their services away for free in the next few months due to current hard time? I doubt it. So why should we. We can be charitable but we are not charities.
I think if I keep my general prices fair, without lots of padding for all the extras, then when extras are required I make a charge. It therefore depends on what price the client is paying for everything else.
19th Feb 2020
My ex boss, a Chartered Accountant, would never allow me to show a director's overdrawn balance on a CT600 for the same reason. "We do not want the client paying 25% of the loan account". He'd always insist that I remove it from the CT600. Even the tax department would say the same thing on their tax review of the file.
He'd always argue that a dividend could be declared in 9 months time to clear it. The trouble was that the company had no reserves at the year end and in 9 month's time the director had continued draw another amount similar or larger amount. He would not accept bed and breakfast loans.
26th Oct 2019
Why is it so important to have digital links between every piece of a system? I know HMRC and the law say that you have to, BUT....
I use Excel for most of my small clients' recordkeeping and VAT returns. It's cheap (or free), simple to use, train and learn and very flexible to update and adapt.
If you have anything more complex than a simple electronic cashbook then you can create digital links between the various records. However, as we all know with Excel, it's very easy to pick up the wrong cell or make a formulae mistake.
In my opinion, whilst auto-linking Excel tabs and workbooks SHOULD avoid errors, it CREATES more chance of making errors, especially as you don't review / check the transfer of data. It also increases the chance of mistakes.
People have been preparing VAT return for years. I do not agree that digital links are always the best way of doing your VAT return.