I've been reading this board for a while now, and have a few questions to put to members, including any accountants out there
I'm in a spot of bother. Feel free to flame me, that's fine, I expect to get flamed, but I'm after some practical advice if possible.
I've been operating a ltd co for the last year, and probably shouldn't have been doing it myself, as I'm not very organised. My receipts are all over the place, I haven't kept up with the bookkeeping, and my annual return is overdue. I've been making payments out of the company that would loosely correlate with salary and divis, if slightly below what I should have paid myself, for a margin of error. It's probably going to be an absolute mission to piece this all together myself to make it add up.
To add to this, my accountant recently resigned as co secretary, and I'm worried that they know something I don't, or that they resigned based on my circumstances and failure to keep them in the loop, rather than the stated reason that it was because of the change to legislation.
I'm starting to panic, and wondering what the next move should be. Yes, I'm probably not fir to run a co, yes, It's my own fault, yes, I'll probably go for an umbrella next time - and I'm sure there'll be a lot of grief you have to give me, but I'm getting a bit depressed by this.
Any useful advice?
I'm in a spot of bother. Feel free to flame me, that's fine, I expect to get flamed, but I'm after some practical advice if possible.
I've been operating a ltd co for the last year, and probably shouldn't have been doing it myself, as I'm not very organised. My receipts are all over the place, I haven't kept up with the bookkeeping, and my annual return is overdue. I've been making payments out of the company that would loosely correlate with salary and divis, if slightly below what I should have paid myself, for a margin of error. It's probably going to be an absolute mission to piece this all together myself to make it add up.
To add to this, my accountant recently resigned as co secretary, and I'm worried that they know something I don't, or that they resigned based on my circumstances and failure to keep them in the loop, rather than the stated reason that it was because of the change to legislation.
I'm starting to panic, and wondering what the next move should be. Yes, I'm probably not fir to run a co, yes, It's my own fault, yes, I'll probably go for an umbrella next time - and I'm sure there'll be a lot of grief you have to give me, but I'm getting a bit depressed by this.
Any useful advice?
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