Igloo accounting

[mudskipper]

Watch the lunacy levels in the pro fora please chaps. Posts deleted.

Parole?

[LisaContractorUmbrella]

This could be an unintended consequence of the T&S relief withdrawal. I can see many umbrella contractors misunderstanding the legislation and jumping into limited company contracting and being so poor at management that quasi-MSC providers will pop up.

Yep I think that's exactly what will happen Alan and HMRC have been warned that their actions will result in MSC's and even more tax avoidance schemes but I suppose they're just following the will of their political masters

[hgvtrucker]

director of newwave now igloo

Last i have heard the guy is in hiding somewhere and uising his sister to now run the companies under her name all i can say to any drivers is use a local accountant that you can meet face to face and dont trust any online accountants that have no real address

[SueEllen]

Last i have heard the guy is in hiding somewhere and uising his sister to now run the companies under her name all i can say to any drivers is use a local accountant that you can meet face to face and dont trust any online accountants that he no real address

That's a very simplistic view as posters on here have been screwed by an accountant who use to post on here who they did meet face-to-face. In fact nearly all the people I've met personally who have been screwed by an accountant had face-to-face contact with them.

If any company is limited check that you can get the director(s) home address details from Companies House. Also do a search on the director's name to see how many current and previous companies they are linked with. There are various services on the web that show these links for free.

It is also your personally need to take responsibility to confirm anything an accountant says is legal. Thanks to the web this isn't hard to do if you do a bit of reading.

Finally if your accountant asks you to do something which seems illogical e.g. pay money to HMRC to them instead of directly to HMRC find one of the many small business/accountancy forums search them and ask whether this is normal.

[yakitoo]

Yep I think that's exactly what will happen Alan and HMRC have been warned that their actions will result in MSC's and even more tax avoidance schemes but I suppose they're just following the will of their political masters

It does mean however that lots of lambs for slaughter will be conveniently packaged together for easier harvesting.

[BrilloPad]

Yep I think that's exactly what will happen Alan and HMRC have been warned that their actions will result in MSC's and even more tax avoidance schemes but I suppose they're just following the will of their political masters

I believe whichever government is in power does whatever HMRC tell them. I would have thought retrospective taxation would have convinced anyone.

It does mean however that lots of lambs for slaughter will be conveniently packaged together for easier harvesting.

But I bet some will get away with it.

[hgvtrucker]

stressed out

now i have to try and sort the mess that the wonderfull company igloo accounting has left me in no money as they stole it all and bad letters from companies house and hmrc what a nightmare