4th Aug 2016
Looks like Sch 38, FA/12 never worked??
20th Aug 2015
This makes sense as everybody seems to be taking every disagreement to the FTT, regardless of whether or not there is any merit in appealing at all. Look at the FTT decisions - HMRC win most of them; simply because many cases do not deserve to be taken to the FTT level. But then HMRC are also capable of chasing it up to the FTT for a £100 fine.
10th May 2014
Why bother you can abbreviate accounts
This has no consequence so long as those ABBREVIATED ACCOUNTS are available on Co Ho website!!!
13th Mar 2014
Government deficit financing??
It's a smart move - in one single stroke HMRC seem to have solved the cash-flow problem for the government 65000 x £££ = £££££££££...!
HMRC are assuming judiciary powers which would be setting a dangerous precedent?
10th Mar 2014
Is the title right??
I thought ACCA and ICAS have been there already? See this
23rd Aug 2013
Of all the tax and company law compliance, annual return is the easiest one requiring just a few minutes to complete; the downside being a £13 payment. In a virtual world what with virtual offices, telephone answering, paypal, nominee directors, paid registered office etc this is perhaps one document with some authenticity that potential investors, creditors, job-seekers, and in fact the entire stakeholder community could rely on. Don't scrap it.
3rd May 2013
ESC A19 of no use anyway!
Jon Stow wrote:
In practice HMRC have for the last two years been rejecting every claim under ESC A19 regardless of merit and their interpretation of reasonable belief (totally unreasonable) is their main tactic.
Completely agree. If the rejections are any guide this ESC is a totally useless one, particularly given that there is no appeal. Here is a very recent case where the taxpayer had to foot the bill for HMRC's mistakes.
9th Oct 2012
In my view accountancy practices have historically been about business + conduct. Conduct because a professional body regulated the practice - even with such restrictions as restrictions on advertising, soliciting business etc!!!. Moving the audit threshold up in recent times has effectively opened the floodgates for everyone to come in and trade. The franchisee model too has been quite successful. So we're here with everything now available for £xx.99 quids!!!!
10th Sep 2012
Midlands Accountancy wrote:Are you implying that all the qualified accountants are trustworthy, and all the unqualified ones are crooks?
No, I don't mean that at all. Indeed there are good unqualified accountants. But the fact is that if 'anybody' can be an 'accountant' how would you fill the credibility gap?
10th Sep 2012
You don't need to spend on a
You don't need to spend on a research to confirm something very obvious, given that majority out there are unqualified!!
May be the qualfied ones could come together under the 'chartered' banner to differentiate themselves from the rest, possibly using the CCAB umbrella!!