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Limited company and Subsitance

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    #81
    Why is that odd?

    We had a disagreement a year ago. I have just discovered unequivocally that I am right and you are wrong. Why wouldn't I post that?

    As well as points-scoring, it is also in the interests of the contractor community (and your client portfolio in particular) to get clarity on the subject.

    Can we assume that you will notify your clients of the fact that they can claim these expenses? Surely, you wouldn't want them to lose out on any further tax?

    Comment


      #82
      Originally posted by THEPUMA View Post
      Why is that odd?

      We had a disagreement a year ago. I have just discovered unequivocally that I am right and you are wrong. Why wouldn't I post that?

      As well as points-scoring, it is also in the interests of the contractor community (and your client portfolio in particular) to get clarity on the subject.

      Can we assume that you will notify your clients of the fact that they can claim these expenses? Surely, you wouldn't want them to lose out on any further tax?

      I have only been a member here a few days.... so excuse my interuption, however, I have been browsing through various threads etc. and I notice that you have quite a bit of input... but it all appears to be points scoring and putting other accountants opinions and their comments in a bad light..

      do you actually have anything positive to say or do you just like being an antagonistic smart a**e??

      i again apologise for being so bold, however, people like that just get right up my nose!

      Comment


        #83
        What part of this is wrong exactly:

        "So, if the Revenue deny your claim for subsistence you have no basis in law to appeal.

        However, it is self evident that most Revenue districts will allow claims to a varying extent, but it is important to realise that they do this out of policy and not statute. The question then to ask yourself maybe is "Do I think the Revenue are capable of changing their minds and starting to disallow these claims?"


        Originally posted by THEPUMA View Post
        Why is that odd?

        We had a disagreement a year ago. I have just discovered unequivocally that I am right and you are wrong. Why wouldn't I post that?

        As well as points-scoring, it is also in the interests of the contractor community (and your client portfolio in particular) to get clarity on the subject.

        Can we assume that you will notify your clients of the fact that they can claim these expenses? Surely, you wouldn't want them to lose out on any further tax?
        P.S. What Spreadsheet? Revolutionising the contracting market again.

        Comment


          #84
          Originally posted by weegordy View Post
          I have only been a member here a few days.... so excuse my interuption, however, I have been browsing through various threads etc. and I notice that you have quite a bit of input... but it all appears to be points scoring and putting other accountants opinions and their comments in a bad light..

          do you actually have anything positive to say or do you just like being an antagonistic smart a**e??

          i again apologise for being so bold, however, people like that just get right up my nose!

          Comment


            #85
            Originally posted by weegordy View Post
            I have only been a member here a few days.... so excuse my interuption, however, I have been browsing through various threads etc. and I notice that you have quite a bit of input... but it all appears to be points scoring and putting other accountants opinions and their comments in a bad light..

            do you actually have anything positive to say or do you just like being an antagonistic smart a**e??

            i again apologise for being so bold, however, people like that just get right up my nose!
            It's a fair point but have a read through some of my historic posts. You will find that there is a lot of constructive and helpful stuff in there. There is also a lot of relatively technical tax stuff which none of the other accountants tend to post.

            The reason I am quite often antagonistic towards some of the other accountants on here is that they are posting a lot of stuff which is simply factually incorrect. Because they are accountants, if I don't correct them, the guys who read this board will rely on the information, assuming it to be correct.

            Most of the time I just point out when stuff is wrong but after a while it gets so tedious and frustrating, particularly when it is the same guys time after time and then I have been known to get a bit tetchy, as you rightly point out.

            From a commercial perspective it is also quite frustrating to see these guys charging very modest fees and sweeping up a load of new business when it is clear that the reason they can afford to offer such low fees is that they aren't paying for any training.

            For example, take Just1morethen who claims to be a contractor specialist accountant but in recent weeks has displayed utter ignorance on the fundamental principles of both IR35 and income shifting, the two most important technical tax issues affecting contractors over the past years. It is clear that he hasn't been on any relevant courses or even read the tax press on these matters, which I find incredible from a professional pride (and professional indemnity!) perspective.

            I know this may across as bitter but I'm actually not at all. It would be nice to get some new business from this site but we are growing very fast by client referral so it isn't that important to me. I am only really posting here as a bit of a hobby and because there are some good guys on here and I don't want to see them misled.

            PUMA

            Comment


              #86
              Originally posted by simonsjdaccountancy View Post
              What part of this is wrong exactly:

              "So, if the Revenue deny your claim for subsistence you have no basis in law to appeal.

              However, it is self evident that most Revenue districts will allow claims to a varying extent, but it is important to realise that they do this out of policy and not statute. The question then to ask yourself maybe is "Do I think the Revenue are capable of changing their minds and starting to disallow these claims?"
              The bit that you didn't quote:-

              Originally posted by simonsjdaccountancy View Post

              OK, legally speaking you have no right to claim for subsistence.
              You can dress it up however you like but it seems to be the case from your various posts on this subject in this and other threads that your firm has not been advising your clients that they categorically can claim subsistence in the circumstances described.

              It is now clear from Bob Jones, whose credentials cannot be questionned, that they can.

              My question to you therefore was whether, having received clarification on the subject, you would be advising your clients that whereas previously you may have felt that there may have been some ambiguity on the matter, it is now clear that they can claim subsistence as it seems likely that you have a large number of clients who have overpaid tax (and are continuing to do so) as a result of your lack of clarity on the issue historically.

              Comment


                #87
                Originally posted by THEPUMA View Post
                ...
                The reason I am quite often antagonistic towards some of the other accountants on here is that they are posting a lot of stuff which is simply factually incorrect.

                ...

                Says it all really.
                Still Invoicing

                Comment


                  #88
                  On reflection I am just making myself look an idiot on this forum so I think I'll sign off. Over and out guys it's been nice knowing you all.

                  Comment


                    #89
                    Originally posted by THEPUMA View Post
                    On reflection I am just making myself look an idiot on this forum so I think I'll sign off. Over and out guys it's been nice knowing you all.
                    eh? From time to time we all make an idiot of ourselves. I do it quite often. No need to leave because your opinion is different to everyone elses.
                    If your company is the best place to work in, for a mere £500 p/d, you can advertise here.

                    Comment


                      #90
                      I go away for popcorn, and by the time I return, one of the duelling couple has walked off.
                      Down with racism. Long live miscegenation!

                      Comment

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