Corporation Tax

Discussion in 'Accounts & Finance' started by Jaydee, May 17, 2010.

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  1. Jaydee

    Jaydee UKBF Enthusiast Free Member

    1,073 278
    HMRC have published that "70% of SME businesses ... have representation" and that "20% of such agents do not have a professional qualification and are not subject to monitoring by the main professional bodies".

    OK, not all companies will come into the SME category, but given that there are currently 2.75m UK companies, the 30% that are not represented could be as many as 825,000 and the 14% that are using firms without a professional qualification could be a further 385,000.

    I was very surprised that the numbers were this high.
    Posted: May 17, 2010 By: Jaydee Member since: May 27, 2007
  2. elainec100@cheapaccounting

    [email protected] UKBF Newcomer Full Member

    13,267 2,882
    I'm not - especially on the bit about firms without a professional qualification.

    Anyone can call themselves an accountant as I have been known to say many times before.

    And there are many who give advice as though they are an accountant with little / no knowledge of the subject matter.
    Posted: May 17, 2010 By: [email protected] Member since: Nov 4, 2005
  3. MyAccountantOnline

    MyAccountantOnline UKBF Legend Full Member

    13,303 2,500
    It doesnt surprise me at all:(.

    Thats the worrying part - Jo Public just dont understand/realise that anyone can call themselves an accountant.
    Posted: May 17, 2010 By: MyAccountantOnline Member since: Sep 24, 2008
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