Member Since: 14th Aug 2009
An experienced Finance and Turnaround Director for fintech and media companies Stuart Walker now owns a finance training company and a marketing company aimed at professional services firms.
Having completed an MBA with a specialism in ERP and software implementation in SMEs Stuart has a keen interest in the use of technology to streamline finance operations.
A keen cyclist, avid reader and rider of motorcycles, Stuart lives in the south of the UK.
Owner, Yellow Tomato Copy
18th Jun 2021
Edited as posted twice in error!
18th Jun 2021
I pity the poor accountant that has had this hanging over them for probably months.
I've never been reported (touch wood) although I did have a client threaten to report me because I refused to do some free work for him after I had resigned. The best thing was that he didn't have the guts to do it himself he got his new accountant to phone me! I told her to put it in writing on her headed notepaper and never heard another thing.
28th May 2021
Neil, are there any instances you can think of where the Office of Tax Simplification has made the tax codes simpler?
26th May 2021
The truth is that if something seems too good to be true then it probably is.
7th May 2021
On the one hand it may be a witch hunt but on the other, HMRC would have to pursue many many contractors earning £50k (say) to make up for one wealthy media star. So it appears to be cost effective targeting to me.
I'd like to know the motivation for the wife being in the partnership. Fair enough if the BBC insisted. However, if he was self employed then the problem would be the BBC's and not his.
I believe that Danielle is also something of a media star in her own right and in areas not related to football.
She's an actress and a model and has been on such dross as hell's kitchen.
So I think (although do not know for certain) that her earnings would have gone into the partnership as a business.
1st Apr 2021
Frankly I'm surprised that you are surprised.
This government has a knack of promising big and then failing to deliver in the hope that we will all have forgotten what they said they were going to do.
The OTS has been a complete waste of time and money and has made the tax system much more complex. A cynic would say that this was a way of increasing base tax rates by disguising them as fines and penalties!
24th Mar 2021
A very good judgement for sound reasons IMHO.
HMRC shouldn't just assume that everyone has a PC at home or carries a smartphone and should make the self-assessment process as easy as possible.
We all know why they don't!
as memyself-eye says - wait until MTD hits!
28th Jul 2020
Some very good points there.
If you are ever tempted to fire off an angry response my suggestion is that you write the email then save it to drafts and come back to it at least 24 hours later. 99% of the time I find that I rewrite in much more professional tones.
Never descend to their level you will not be the winner!
I have always found that people that are very aggressive and rude in this way are using it as a method of disguising their own failings. It took me years to work this out as I always thought it was my fault but invariably people who are confident in the quality of their work are the most polite.
I learned this when I worked with a client who had had a 'bad experience' with a former accountant and was trying to get me to report her to her professional body.
9 months later I had a call from the person who had replaced me who was threatening to report me to my professional body 'because the client told me to'. I told her to go ahead and never heard another thing.
23rd Jun 2020
I always love to see real-life examples of what people do in business, it's so much better than reading all the improbable success stories on Linkedin!
Funnily enough I wrote an article about accountants choosing their target market here https://yellowtomato.biz/accountants-target-your-marketing/
Thanks again for an interesting post
2nd May 2019
So what. This is a drop in the ocean for them and they won't care, or moderate their behaviour.