Change your accountants PDQ.
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Originally posted by Jay12 View PostNew to contracting and speaking with my accountants, they have suggested a couple of options to increase tax efficiency
One is what they call 'advertising'
Where i pay x to advertise on a b2b directory, and in return i am giving trade points which effectively equal £££ pre-loaded and provided back to me on a credit card
Still clarifying but i believe the points are x minus small fee
The points are not subject to income taxComment
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Hmmm, DNS Accountants claim IPSE affiliation too. I wonder how far you'd get asking IPSE to defend you against HMRC if you followed DNS's advice then?Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Originally posted by Fred Bloggs View PostHmmm, DNS Accountants claim IPSE affiliation too. I wonder how far you'd get asking IPSE to defend you against HMRC if you followed DNS's advice then?'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Tax Dodging
Originally posted by Jay12 View PostNew to contracting and speaking with my accountants, they have suggested a couple of options to increase tax efficiency
One is what they call 'advertising'
Where i pay x to advertise on a b2b directory, and in return i am giving trade points which effectively equal £££ pre-loaded and provided back to me on a credit card
Still clarifying but i believe the points are x minus small fee
The points are not subject to income tax
I cant find much info about this type of option on these boards so just wanted to ask your opinion, if anyone has experience of this type of thing, general thoughts on this?
Any accountant promoting/facilitating such schemes is to be avoided. Was introduced to such a scheme last week and when did some digging, directors were HK based and their company had been struck off a few months ago but were still touting it around. Not saying it's the same scheme but shows they're out there and people are still falling for them.Comment
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I do wonder how educated people fall for this BS especially theses really outlandish schemes. I'd go for one though if I was exchanging beer tokensComment
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Originally posted by poorautojobber View PostI do wonder how educated people fall for this BS especially theses really outlandish schemes. I'd go for one though if I was exchanging beer tokensmerely at clientco for the entertainmentComment
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Originally posted by poorautojobber View PostI do wonder how educated people fall for this BS especially theses really outlandish schemes. I'd go for one though if I was exchanging beer tokens
Hence my view, if you're in no doubt they are recommending what you're suggesting they're recommending, don't just leave, report these cowboys.Comment
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