Recent content by Wild Goose

  1. Wild Goose

    Selling accountancy practice after death

    Hello Caroline, I'm so sorry for your loss. My father died recently, and life was a constant round of vultures taking chunks from his estate. hospice, funeral, headstone, legals, over-priced reception - some people simply cash-in while you're off balance! Allow me to clarify, if I may, the...
  2. Wild Goose

    Accountant invoicing for advice I didn't ask for

    Until such time as you decide whether or not to change accountant, send an email instructing your accountants NOT to carry out any further work unless specifically authorised by you to do so. In other words, they must seek your specific assent before doing any further work. And, if they should...
  3. Wild Goose

    Legal advice urgently needed PLEASE- private residential let/Estate Agency

    Wouldn't it be nice if you were able to name and shame the agents. They could soon get an engineer out to fix it if they wanted to - there's plenty who would work on the weekend. Is the agent a member of ARLA or similar? If so, it might be worth a call to complain about the agent's conduct...
  4. Wild Goose

    Is this online-accountant credible?

    http://bizzy.co.uk/uk/07083629/theaccountancypartnership-com Click Director tab for details of other companies - and Company Secretary details. The ICPA appears to be a trade association for people who want to practise as accountants without going to the bother of sitting exams. It is not a...
  5. Wild Goose

    How to choose an accountant

    Cheers, Elaine, thanks for the heads up. I've pasted into that thread. Lunch everyone...
  6. Wild Goose

    Is this online-accountant credible?

    We're starting to check out our competitors, having recently lost a client to a cheap fees practice which described itself as "qualified accountants" by virtue of its ICPA (Institute of Certified Practising Accountants) membership. According to Wikipedia, the ICPA "is a professional...
  7. Wild Goose

    How to choose an accountant

    On the same theme of unqualified accountants calling themselves qualified, it's actually quite difficult to check out many of the practices who claim to be qualified but don't say with which body. There's just no central register. I'm looking at the website of a cheap fees accountancy practice...
  8. Wild Goose

    How to choose an accountant

    We're starting to check out our competitors, having recently lost a client to a cheap fees practice which described itself as "qualified accountants" by virtue of its ICPA (Institute of Certified Practising Accountants) membership. According to Wikipedia, the ICPA "is a professional...
  9. Wild Goose

    Business Phone for Company Director

    You're welcome Froggers. You may if you feel so inclined express your appreciation in the time honoured fashion, by pushing my "thanks" button :) btw, if your director is going to end up paying tax and NI (or, for that matter, if the company itself is going to get stung for the other flavour of...
  10. Wild Goose

    Business Phone for Company Director

    The trouble with the baby language that the Revenue often use in their guidances is that it is badly worded and ambiguous. When the Revenue state (as in your extract above): "For company directors or employees earning at a rate of £8,500 or more per year" what they mean is either (i) directors...
  11. Wild Goose

    Director Loan Account contra Allowable expenses

    Thanks David, good point, the invoice should be in the name of the business, rather than that of the director. Furthermore, for anyone else interested in this thread, the business should also pay for the parts/work - as evidenced in the extract below - although I've always taken the view...
  12. Wild Goose

    Director Loan Account contra Allowable expenses

    Actually the first one above is fine for recording the expense sheet / mileage log: Dr Mileage Cr DLA But when you pay the director his readies, that's needs another (separate) posting: Dr DLA Cr Cash a/c Try to think of them as two separate transactions. Hence two postings. Are you quite...
  13. Wild Goose

    Director Loan Account contra Allowable expenses

    Full marks OP for posting these items to the Director's Loan Account - it's normally better and generally cheaper to keep disallowable expenses off the director's P11d. I guess you'll be switched on enough to know to reclaim the full VAT on any motor repairs and maintenance bills - your garage...
  14. Wild Goose

    corporation tax - payment.

    Like giving away toy meerkats, for instance :p Where will all this discounting end? Inevitably with the ultimate budget service, I suppose: and with that in mind I've already purchased the domain name freeaccounts.co.uk just in case I ever feel the urge to join in ;)
  15. Wild Goose

    corporation tax - payment.

    Oops sorry Elaine, I've been absent quite some time and had no idea you were performing the franchise waltz; I do hope I didn't tread on your toes. Ahhem, let me make it absolutely and unequivocally clear to readers that any implied cynicism towards tax franchises, if inferred, relates solely...
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