It happened to us quite a few years ago. The timing was also similar to yours - December - with the SA filing deadline rapidly approaching. You cannot access your clients so you can’t file. Strangely, if I remember rightly, we could still access payroll.
Our solution was to buy a company that was about to cease practising and transferred all our clients to it and filed through their registration. Certainly not ideal, but we were desperate…
As others have said we used mail shots over 20 years ago. We bought the names and addresses from a firm (can’t remember their name now), and they weren’t just newly registered companies. We sent, from our office, the letters and a telemarketing firm followed up on our behalf. Initially we had some really good results and grew our business quite rapidly. The quality of the clients we obtained varied quite a lot, and after about ten years we found that businesses rarely read the letters and almost never took the follow up telephone call.
My answers
I became “ruthless” a couple of years ago and am now happily retired…!
When working (now gratefully retired!) always, always sent in RTI’s monthly (or weekly). Never thought about doing it any other way…
It happened to us quite a few years ago. The timing was also similar to yours - December - with the SA filing deadline rapidly approaching. You cannot access your clients so you can’t file. Strangely, if I remember rightly, we could still access payroll.
Our solution was to buy a company that was about to cease practising and transferred all our clients to it and filed through their registration. Certainly not ideal, but we were desperate…
Haha... so true!
I am just so glad to be retired!
To those of you still having struggle with this load of rubbish - my thoughts are with you...
As others have said we used mail shots over 20 years ago. We bought the names and addresses from a firm (can’t remember their name now), and they weren’t just newly registered companies. We sent, from our office, the letters and a telemarketing firm followed up on our behalf. Initially we had some really good results and grew our business quite rapidly. The quality of the clients we obtained varied quite a lot, and after about ten years we found that businesses rarely read the letters and almost never took the follow up telephone call.
From then on we relied on referrals.
Now I’m happily retired!!
Enjoy your week off - I have lots of them these days...
You don’t say if the directors previously made loans to the company, if so then the payments to the directors could have been...
Just saying!
Your accountant is correct.
Duplicated.