Pisces Returns

[Clare@InTouch]

Hmmm, something sounds a bit fishy then.

IGMC

It seems a perfectly legit body, just obviously not as well known as the usual ones like ICAEW and ACCA.

Institute of Financial Accountants

[rmmc]

Looked at the free spreadsheet from their website and the tax estimated and calculated is incorrect. Dividend is taxed at effective rate of 32.5% or 42.5%, even though, some dividend would fall in basic rate tax band.

[Vallah]

I'm sure they're perfectly legitimate, I've just never heard of them before now.

If I advertised for a job that needed somebody with an accountancy qualification, I'd expect to see ACA/ACCA/CIMA for a reasonably senior position, CAT for somebody a bit lower level, or ATT/CTA for tax. My first question for somebody who said they were "IFA" (which is a tulip designation in itself as it obviously sounds like financial advisors) would be "why haven't you studied for something recognised by the majority of employers?"

That's not to say that the person at Pisces doesn't offer a good service, but I'd be wary unless I'd received a personal recommendation.

[the_rangdo]

Glad to see you completely ignored my poor (attempt at a) joke

I agree, probably perfectly sound but not being an expert in the area I had to sound out opinions 'cos I had the nagging 'you get what you pay for' doubt.

[the_rangdo]

Looked at the free spreadsheet from their website and the tax estimated and calculated is incorrect. Dividend is taxed at effective rate of 32.5% or 42.5%, even though, some dividend would fall in basic rate tax band.

It also assumes a ~5k salary, and if you change that figure the dividend calculations look a bit suspect.