Originally posted by jamesbrown
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Incorrect Accounting firm tax liability
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I would stop being so precious about it.
They gave you advice that was not very good. But nor was it wrong.
And did you ask them about closing he LTD or your personal tax? Were they going to do your SATR for that year? If they weren't then you've not paid them for personal tax advice.
But whether you pay 10% or 20% it was still the best option, and beyond their (and your) control whether you would qualify for BADR.
So stop worrying about something you cannot change, and would not have altered your decision anyway.See You Next TuesdayComment
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Originally posted by Fred Bloggs View Post
I can't say I disagree. But perhaps the accountant should have just added "according to personal circumstances and changes in tax legislation at the time of action". By all means keep complaining if you wish. I don't think you're going to get anywhere***. But that's your choice. I would put all my effort right now into understanding exactly what my true tax liability is and make sure I wasn't close to incurring any penalties.
*** My own limited experience of professional bodies is that unless there's something very illegal or large amounts of money at stake, the professional bodies circle the wagons and adopt a "wear you down strategy" until you give up.Comment
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Originally posted by Lance View PostI would stop being so precious about it.
They gave you advice that was not very good. But nor was it wrong.
And did you ask them about closing he LTD or your personal tax? Were they going to do your SATR for that year? If they weren't then you've not paid them for personal tax advice.
But whether you pay 10% or 20% it was still the best option, and beyond their (and your) control whether you would qualify for BADR.
So stop worrying about something you cannot change, and would not have altered your decision anyway.Comment
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