I tried phoning the CIS helpline today, and they will not discuss over the phone, so I guess I Have to write another letter as I cannot do the appeal on line.
At last managed to get it cancelled on the phone to another extension.
Companies House have said they do not need accounts, just a form to dissolve. Now I am not sure whether HMRC will require accounts. Once the 3 months is up surely its goodbye. One other thing regarding monthly payroll submissions, do I have to keep doing nil submissions into 2019/2020 tax year or not?
And where is parliamentary approval for this dictatorial measure?
Well, I had planned to retire around 75.
For now it keeps me going and brain active. I could not afford annual holiday and decent car if I had to get by on my pension. HMRC like throwing
their weight about and making life harder for the smaller guys. Hope it turns out not as bad as we think. This needs to be closely monitored by government.
Why does this topic not appear?
Decided to go with taxfiler for £12 per month. They were very helpful on the phone, and I like
the presentation and layout that combines Company House Accounts with the CT600. The first attempt did take me a while though, I expect to get better once I have done a few.
I have not been able to speak to anyone at TaxFiler, have to submit Email. I should mention that I produce final accounts using Excel and all accounts schedules for client info only.
I then enter on C600 manually and check that I have done tax calculation correctly. I do not want to produce accounts on linked software. The £!2 monthly fee is also for self employed which I do not need, just CT600 on its own.
Thanks All, I will give TaxFiler a call.
I am just one person with around 50 clients.
0098087 wrote:If they want it monthly it won't be possible. Most of mine don't use a computer for their records.
I complete around 5 per month. I magine if they all had to come to every month, I would not be able to cope with this. You
are right most of mine dont use computers eithers. I just hope there will be an option to submit annually. Being semi retired I do
not wannt any complications like this.
Real time does mean going monthly! Ugly!
Given that PAYE RTI is not exactly successful.....for my own employer I can instantly see an issue, in that they have periods of the year when they make a loss, saved by busy periods when they make profit. Will they get a tax rebate in the quiet periods, followed by a bigger bill in the busy times? This may help cash flow but will create loads more work. We currently do 'proper' accounts annually, with quarterly accounts to keep an eye on things. Will we suddenly have to do 'proper' accounts at every month end and go from an annual to a monthly bill from the accountants?Yikes!
Although looking on the bright side it will create lots of work for accounts savvy types....
I sure would not want clients having to come to me every month with their paperwork, sometimes I have a hard enough job getting them to come
once a year! And abolishing class 2 NI, how does hat affect state pension entitlement and free national health?