Member Since: 26th Oct 2005
6th Dec 2019
I like Kashflow adn am the exact same position, but with a twist. I have a client manager at iris/Kashflow but he never ever responds to any email or voicemail
I will say the new look Kashflow connect is starting to look more like xero, and I like the integration that is now starting to flow into other iris products so will probably stick, we have 50+ licences but will probably have a few more next year
30th Sep 2019
this tread answers it I think
30th Sep 2019
It is not just the earnings limit that needs to be considered, so if anyone has another job or there are any expenses paid you need to register.
2nd Jul 2019
Watched the only 2 webinars I can find on the subject. 1 says only applies if both parties registered for CIS. The other explicitly says it applies if the work qualifies for CIS irrespective of registration. Reading guidance it implies the second. In which case lots of clients affected.
Where can we get a definitive answer?
19th Jun 2019
I have had three of these over the past 2 years. Case one, sign the DS1 and submitted to Companies house. Company now struck off. The resolution , special ordinary or otherwise is a red herring. the application is made "on the company's behalf by its directors or by a majority of them" in my case the other director objected after the event but was told in no uncertain manner by lading barrister taht on behalf does not require resolution at all. he wrote to companies house who told him the same thing, and added he should have objected.
Case 2 Sold shares back to company at par, then resigned as director after making sure no outstanding debts, thengot registered office changed to companies house under the new provisions to move it when the company is no longer connected with an address, and it got struck off by Companies house about 6 months after the confirmation statement/accounts not filed. the address change ensured that no reputational damage
3rd case that is fool proof but costs, applied to high court for compulsory buy back of shares at par on grounds of deadlock. they ignored it all so granted, but if they did object they would have to come to court and then the court would sort it out. This works when there are assets or indeed liabilities (in which case the application is to wind up, not buy back).
29th May 2019
Ask a solicitor but one thing you will need is a copy of the trust deed so you can tell the client to start by getting that. the principle is beneficiaries can appoint new trustees but how depends on the wording
9th May 2019
Arguably it is not on either route. It is not a capital loss related to the company, as it would then have to be shares. However I did a case for a client a while back where we converted the loan into shares, and then when written off it was then a capital loss.
The second route with the link works fine "for trader". This loan is not made in the course of business, so when a client of ours tried this (before they moved to us it should be said) HMRC said no as not trading.
9th May 2019
Firstly is anyone else caught as often as I am with taxcalc and taxfiler names being similar. Auto-fill when typing on tablet a right pain.
But main point additional functionality is great and worth paying for, if you use it. We have a system that we payfor and like for practice management. The cost and hassle of dumping that to switch to anyone else is not justified. Taxfiler is cheap because it is simple and we like that, we do not want lots of extras that we would have to pay for but not use.
8th May 2019
where is last weeks thread? I can't find anything about taxfiler prices
8th May 2019
Just had very similar experience. We did change name a few years ago and have a letter from the then head of HMRC via our MP (useful having a front bench Treasury MP as local MP) promising that no client would be disadvantaged by their total inability to change our name or record our details correctly, but they still claim we have no client registered when we write in, but they will let us do things electronically.