Originally posted by i-am-ltd
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not exactly ! as 90% or more here are in 'IT Consulting Services' business the laws should apply in the similar manner to everyone, is it not ? the accountant is only an advisor in the end HMRC will come after you if you bend the rules !!Originally posted by cojak View PostWe’ll then, there’s your answer.Comment
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maybe it will get better if veterans stop with "ask your accountant" thingy ! this forum is soo quiet and once in a while if someone asks something we are seeing pointless responses !Originally posted by jamesbrown View PostSheesh, is it me or has the quality of posters in prof taken an absolute nosedive since April?
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I only post ask your accountant when it's the sort of thing that you should be using them for, in this case it was because the devil is in the detail and we don't and can't know the detail.Originally posted by i-am-ltd View Post
maybe it will get better if veterans stop with "ask your accountant" thingy ! this forum is soo quiet and once in a while if someone asks something we are seeing pointless responses !
merely at clientco for the entertainmentComment
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IMO the accountants most of us are using (80-100 per month) are good for filing returns, doing taxes and standard template expenses, they are not providing a service to optimise income/profits, so sometimes the collective wisdom of this forum can come up with something they have not thought of !Originally posted by eek View Post
I only post ask your accountant when it's the sort of thing that you should be using them for, in this case it was because the devil is in the detail and we don't and can't know the detail.Last edited by i-am-ltd; 3 November 2021, 18:21.Comment
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You asked what seemed a simple question which actual depends on factors we didn't know but your accountant will because they will know more about your actual business than a set of anonymous people online.Originally posted by i-am-ltd View Post
IMO the accountants most of us are using (80-100 per month) are good for filing returns, doing taxes and standard template expenses, they are not providing a service to optimise income/profits, so sometimes the collective wisdom of this forum can come up with something they have not thought of !
It wasn't a how can I optimise income / profits it was can I use this scheme for XYZ and the rules for that are dependent on 4 things, the exact item you are buying, why you are buying it, what you intend to use it for and the work your business performs.
We could answer the first bit, we can't answer the others and being frank - there are very few ways you can optimise your income as we discussed yesterday.Last edited by eek; 3 November 2021, 18:35.merely at clientco for the entertainmentComment
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