Member Since: 6th Mar 2016
28th May 2021
Maybe I need a better foil hat but am I being mad to think that our VAT laws are deliberately so complex to keep a whole army of lawyers and accountants in work? If it was costing them money I suspect VAT would never have been allowed in the first place....
26th Nov 2020
Please!! Having worked in the construction and recruitment industries for many years I can tell you anything accountants come out with are tame in the extreme. When you're told where to go with anatomical precession as well as a spattering of brand new words then you know you've been sworn at!!
19th Nov 2020
If it sounds too good to be true....
24th Sep 2020
Coming from a family of teachers exams were a way of life but I always hated them. I got a poor degree (probably due to depression) and took best part of five years to pass ACCA whilst working full time. Later I met my wife who started from the bottom in an accountants and, without any qualifications, now earns more than me. My eldest also doesn't have wonderful qualifications but also started at the bottom in the banking industry and is doing very well for herself.
What life has taught me is that qualifications aren't the be all and end all and there are many ways to succeed in this industry without having a few letters after your name.
3rd Sep 2020
Just to point out it's not the contractor's responsibility to pick up these errors since if they badly under quoted for another part of the job the client would expect them to honour the erroneous quote or withdraw their tender.
This is purely the client's responsibility and whether they choose to go after their representatives they employed who made the error is their choice.
25th Aug 2020
So if the homeowner had picked the same contractor from a list then the amount of VAT paid would be different despite the job itself being exactly the same? One wonders if the law makers deliberately make the whole tax system as complicated as possible to keep themselves in a job rather than creating a tax system that's designed to treat the end user fairly....
3rd Aug 2020
18 years working for the same company and little or no other employment elsewhere shows that the bloke is an employee regardless of what the tax system says. It's ridiculous that our tax system is so convoluted that there are so many ways to reduce your tax liability regardless of what job you do.
If the law is an "donkey" then I hate to think what the tax system is...
PS Having to use the word donkey because the other word for a similar animal is seen as offensive by this website. Go figure...
28th May 2020
Wonder how long it is before we see a shareholder sue an audit company for signing off a set of accounts that do not show a "true and fair view"? Until the audit and tax functions are separated then we'll see more and more of these issues.
14th May 2020
Just like the credit crunch very few if any will have seen this pandemic coming.
Primark's business model is not conducive to online retail but it works very nicely for its targeted customers and they usually do very well out of it. However, in the long term the "High Street" will disappear completely as will the Primark brand but you can bet your bottom dollar that their owners are planning for this and will be looking at the next option that will supersede online retail whatever that is because it will come.
7th May 2020
Filed claims with HSBC on Monday but nothing received. Tried to file another one for another company with Natwest yesterday and received their initial email acknowledging our request but only received the second email allowing us to apply overnight. Not expecting anything for a bit but have been deeply unimpressed by HSBC during this whole disaster and once this is over we'll be looking elsewhere.
Wonder if the benefit of Santander is that they're a Spanish bank so not beholden to our HMRC....