Whilst I understand the potential fraud risks the Government have finally woken up to the true and hard facts that many businesses that predominantly import from the EU simply do not have the initial hard cash (not assets) to continue trading if no such concession was granted and the scale of SME failure could be catastrophic if this is not implemented.
Furthermore the DDP situation is exceptionally worrying and confirmation as to the acceptance of the revised proposed duties issued on 13 March would bring further comfort to importers
Fully understand and support HMRC position on the breaking of laws to reduce tax however the question then arises as to what type of ticket has been raised and how it is dealt with in the eyes of the law
If it is a ticket issued by a council then it comes under the road traffic regulations and can be brought before a magistrates court and for these there is no other argument and these should be disallowed
But should the ticket be issued by a private party then G4 have made a commercial judgment that any excess charges incurred are wholly and exclusively for business to allow their staff to get easier and quicker access and the payment of these is through an invoice (PCN but it has to be remembered that these are not legally fines) and should G4 fail to pay the invoice the only recourse the other party has to recoup money is through the county court which makes these sufficiently different from a council issued ticket and prima facia i believe that these should be an allowed tax deduction
Normally cant agree with HMRC but this time they are right and have commercial logic
If the same van was bought now it would never be worth the same as it was two years ago and to some extent they are being generous with the straight line application as depreciation is usually on a reducing balance basis
The overriding issue is the fairness here not which rule has been broken or avoided
I also am AAT qualified and it is a fantastic route into the profession however the only people that should be allow to use the title accountant is if they have passed at chartered level to protect the integrity of the title.
Fully agree he is a crook but he is not an accountant in my book
In legal and medical professions the terms solicitor and doctor can only be used by the appropriately qualified persons and this should apply to accountancy
This again brings into question who is actually allowed to call themselves an accountant as anyone without the slightest qualification can call themselves an accountant - it is simply wrong
His title should be simply a bookkeepper
Can you call yourself a doctor or solicitor without properly qualifying - No
The Chartered institutes should demand a change in the law
My answers
Just checking and my diary confirms it is not 01 April
What confidence do you have in an accountant that can not do their own accounts correctly and this is the second time!!!
Whilst I understand the potential fraud risks the Government have finally woken up to the true and hard facts that many businesses that predominantly import from the EU simply do not have the initial hard cash (not assets) to continue trading if no such concession was granted and the scale of SME failure could be catastrophic if this is not implemented.
Furthermore the DDP situation is exceptionally worrying and confirmation as to the acceptance of the revised proposed duties issued on 13 March would bring further comfort to importers
What is the vat position on a cold sandwich when you eat outside on chairs provided by the sandwich shop?
Does eat in definitions cover the total premises or the covered premises
Surely it depends who issues these
Fully understand and support HMRC position on the breaking of laws to reduce tax however the question then arises as to what type of ticket has been raised and how it is dealt with in the eyes of the law
If it is a ticket issued by a council then it comes under the road traffic regulations and can be brought before a magistrates court and for these there is no other argument and these should be disallowed
But should the ticket be issued by a private party then G4 have made a commercial judgment that any excess charges incurred are wholly and exclusively for business to allow their staff to get easier and quicker access and the payment of these is through an invoice (PCN but it has to be remembered that these are not legally fines) and should G4 fail to pay the invoice the only recourse the other party has to recoup money is through the county court which makes these sufficiently different from a council issued ticket and prima facia i believe that these should be an allowed tax deduction
Its common sense by HMRC
Normally cant agree with HMRC but this time they are right and have commercial logic
If the same van was bought now it would never be worth the same as it was two years ago and to some extent they are being generous with the straight line application as depreciation is usually on a reducing balance basis
The overriding issue is the fairness here not which rule has been broken or avoided
public sector workers not efficient - what a surprise
No doubt they will be on strike again soon
I once asked why they don't do overtime to clear the backlog and the response was why should we ? unbelievable !!!
public service - say no more
You need to be thankful that these incompetent idiots only work for the government as imagine the chaos they could cause in the real world
AAT
I also am AAT qualified and it is a fantastic route into the profession however the only people that should be allow to use the title accountant is if they have passed at chartered level to protect the integrity of the title.
Fully agree he is a crook but he is not an accountant in my book
In legal and medical professions the terms solicitor and doctor can only be used by the appropriately qualified persons and this should apply to accountancy
Not really a proper accountant was he ?
This again brings into question who is actually allowed to call themselves an accountant as anyone without the slightest qualification can call themselves an accountant - it is simply wrong
His title should be simply a bookkeepper
Can you call yourself a doctor or solicitor without properly qualifying - No
The Chartered institutes should demand a change in the law