Another SJD Rant

[Captain Kangaroo]

I'm very confused now. First you say Then you say So - did you make the suggestion, or ask for advice? What exactly were you expecting them to do - since you didn't expect them to make a payment?



I thought you suggested doing the pension?

The question I have - is why didn't you make the payment to the pension then?? You weren't expecting them to make the payment - so who were you expecting to make the payment for you?

1. I made some suggestions based on my Co tax, etc understanding and my own financial position. One of those suggestions was the viability of ME paying MYCO funds into MY Pension fund.

2. I requested advice and comment based on my suggestions.

3. The advice I received was (in hindsight) defficient in that it did not highlight the fact that a timely pension payment would have been beneficial despite me suggesting paying into a pension.

[xoggoth]

SJD never used to get all these complaints on here. Must be time for a new toupee. Or was that somebody else? I forget.

[simondolan]

Having now read through the email sent to you at the time I can see that we advised you on both the pension and on the capital distribution method. We said that a lump sum into your pension after the cessation of trading would likely be challenged by the Revenue and to opt for the capital distribution method, which from the sums I believe involved would have meant little or no tax payable on the final distribution.

1. I made some suggestions based on my Co tax, etc understanding and my own financial position. One of those suggestions was the viability of ME paying MYCO funds into MY Pension fund.

2. I requested advice and comment based on my suggestions.

3. The advice I received was (in hindsight) defficient in that it did not highlight the fact that a timely pension payment would have been beneficial despite me suggesting paying into a pension.

[questiontime]

I have been with SJD for the last 5 years .. I have always got a good service and am happy with them. A few friends I recommended are happy too.
I am happier than my referrals as I am with SJD North East.;-)

From a regulatory perspective they are proactive . I have already recieved a new invoice template (for VAT change), guidance on invoicing and the new FRS rates.
They also call me once a quarter to know how things are at my end and inform about upcoming paperwork (Annual returns etc) . I have the opportunity to ask any questions too.

One thing I miss is proactive advise on individual basis - say, a review of my last years accounts and personal tax returns and suggest tax savings opportunities.
Such a review will be useful during the first 2-3 years in your contracting career.

On a few occassions, emails have gone 'missing' , both mine and theirs. If I don't get a response in 24 hours, I normally send them a reminder email or if urgent, give them a call. More stable recently.

I don't use SJD's IR35 review service as I am more satisfied with B&C.