Recent content by Darren@dynamoaccounts

  1. Darren@dynamoaccounts

    Contractor and works outside UK

    UK only however he may get hit with tax at source in Poland with the work being carried out over there. Seen similar situations with clients who carried out a temp assignment in the likes of Norway.
  2. Darren@dynamoaccounts

    UK Bank Account Difficulty??

    You could try NatWest Direct Business banking and a I believe Barclays also have a direct business centre. They may ask you to pop into any of the branches to have your ID certified. Scanned and emailed ID is no good as the guys above have mentioned, could be anyone.
  3. Darren@dynamoaccounts

    Pay as you go phone handset expense

    Would you like to rent out your filing cabinet for 2 weeks? ;-)
  4. Darren@dynamoaccounts

    Company Name Change at HMRC - Be Aware - Inform VAT too!

    Have you signed up to VAT emails in your online account? Also, does your accountant not remind you each quarter? Previously the green VAT return used to serve as a timely reminder to a lot of clients but now that it's online no such forms.
  5. Darren@dynamoaccounts

    PAYE and Accountant confusion

    Agree with the guys above, reactive tax planning is not a recommended approach. Consider using some real time software like Freeagent, etc that gives you real time figures for taxes and also allows you to view the financial status at all times.....provided of course the data is input on a...
  6. Darren@dynamoaccounts

    HMRC cant find my £50k payment

    I recall a secondment had to the Halifax Internal Audit team a good few years ago, their clearing system has a legacy £250m black hole which was monitored daily to ensure no material fluctuations.......coming from an external audit/accounts was a little shocked to say the least! :eek:
  7. Darren@dynamoaccounts

    HMRC defeats £30m EY tax avoidance scheme!

    Fingers crossed! Had an interesting call from an IP yesterday, they're looking at IVA products for those affected by these schemes. Whether HMRC will accept an arrangement is another issue. Have you seen the FCSA response (Link), fair and balanced.
  8. Darren@dynamoaccounts

    Business mortgage/loan advice please

    Agree, and mentioned it above. On the face of it the bridge co have run out of patience however they'd struggle to repossess if an offer was already in place. Any order would then likely be deferred. Makes more commercial sense to hold off action with an offer or progression being...
  9. Darren@dynamoaccounts

    Business mortgage/loan advice please

    Sure, their site is http://jp-mortgages.co.uk/ or telephone 01132 677391 / 01924 466755
  10. Darren@dynamoaccounts

    Best Business Bank Account

    Very interesting comments on Metro, we have a couple of clients a week opening accounts with these guys and all positive. Hopefully just a one off as they're banking is good value. Found it a bit of a culture shift dealing with "Stores" rather than branches, very different atmosphere than a...
  11. Darren@dynamoaccounts

    Buying Property Under current LTD Company or create a new one?

    If it's residential property it's exempt from VAT in any case. As it's not within your normal trading activities, wouldn't be included in the turnover figure when calculating if within the VAT threshold. If commercial property, then could be worthwhile being VAT registered (possibly in a...
  12. Darren@dynamoaccounts

    Buying Property Under current LTD Company or create a new one?

    The value of the property would be brought onto the balance sheet together with the value of any loan/finance. The interest on any loans would appear in the profit & loss account. So the balance sheet would be quite neutral in that it has the value of £95k to be brought in as an asset but I...
  13. Darren@dynamoaccounts

    Buying Property Under current LTD Company or create a new one?

    There's too many variables to run through on a forum for this type of arrangement, by & large it depends on your personal circumstances as to whether it should be in a separate ltd company or your personally. Normally, wouldn't go through your trading company unless you're business is located...
  14. Darren@dynamoaccounts

    Starting out as a freelance bookkeeper? Advice please.

    There's a big difference in terms of credibility and your rates. The services may be similar (other than audit which suspect not something want to go into) but also makes you more acceptable to banks for signing off certificates as well as a couple of other nice to have add ons however it give...
  15. Darren@dynamoaccounts

    Business mortgage/loan advice please

    You may be able to arrange a bridging facility, have a chat with a specialist as to time frames. A client of mine used JP Mortgages in Leeds a few years ago for a short term property deal, perhaps worth a chat but must be able to demonstrate an exit strategy. You'll still need to start down...
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