Member Since: 6th Dec 2013
10th Jan 2018
What about negligence? I spoke to a client yesterday whose customer has gone into liquidation partly because the directors gambled with Company funds on the outcome of the 'brexit' vote and lost.
6th Mar 2017
All is not lost! My understanding is that calculations will be looked at on a quarter by quarter basis. If a client only purchases 50% of goods required but purchases them in the correct quarters then his FRS 'profit' will only be halved or less.