Originally posted by Jessica@WhiteFieldTax
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Face to face with your accountant
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Is there any merit to picking an accountant that is nowhere near you and nowhere an HMRC office?!
I thought I read once (although it may have been urban myth) that HMRC cancelled an investigation into a contractor as he insisted on only meeting them at his accountant's office, which was hundreds of miles away from both the contractor/HMRC office, and so HMRC didn't bother and cancelled the investigation (allegedly due to a restriction on travel costs within HMRC at the time).
I have no idea where I read this though, it was just one of many things I found when researching my own transition to contracting.Comment
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Originally posted by captainham View PostIs there any merit to picking an accountant that is nowhere near you and nowhere an HMRC office?!
I thought I read once (although it may have been urban myth) that HMRC cancelled an investigation into a contractor as he insisted on only meeting them at his accountant's office, which was hundreds of miles away from both the contractor/HMRC office, and so HMRC didn't bother and cancelled the investigation (allegedly due to a restriction on travel costs within HMRC at the time).
I have no idea where I read this though, it was just one of many things I found when researching my own transition to contracting.Comment
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Originally posted by Jessica@WhiteFieldTax View PostI would just like to say we are based on the Isle of Wight, and the ferry service is awfully expensive and unreliable - we are happy to write to HMRC on a clients behalf and say thatComment
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Never even spoken to my accountant. All done via email.
As long as he answers within a day or I dont need to speak to him....Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by captainham View Post
... I thought I read once (although it may have been urban myth) that HMRC cancelled an investigation into a contractor as he insisted on only meeting them at his accountant's office, which was hundreds of miles away from both the contractor/HMRC office, and so HMRC didn't bother and cancelled the investigation (allegedly due to a restriction on travel costs within HMRC at the time).
I have no idea where I read this though, it was just one of many things I found when researching my own transition to contracting.
Regarding meeting new and even prospective clients. Personally, I meet quite a few. Possibly as high as 70%. This is usually right at the start of the relationship to discuss their current circumstances and how it can be improved going forward through their company etc.
I find that usually after having met a person, had lunch, tea, coffee etc. with them, the relationship is less formal going forwards and more relaxed and familiar. Everyone has different expectations, some want a meeting, some don't. But the majority of contractors that I personally speak to when they are considering or just join SJD want a meeting, so I meet them. I do find that it is much more common with the inexperienced, first time contractors though.Last edited by Nathan SJD Accountancy; 4 October 2012, 12:46.Comment
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Originally posted by captainham View PostIs there any merit to picking an accountant that is nowhere near you and nowhere an HMRC office?!
I thought I read once (although it may have been urban myth) that HMRC cancelled an investigation into a contractor as he insisted on only meeting them at his accountant's office, which was hundreds of miles away from both the contractor/HMRC office, and so HMRC didn't bother and cancelled the investigation (allegedly due to a restriction on travel costs within HMRC at the time).
I have no idea where I read this though, it was just one of many things I found when researching my own transition to contracting.
Time to get an accountant based in the Outer Hebrides then! Might put them off!Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by psychocandy View PostLOL. So if you get investigated, do you get the option to pick venue for meeting?
Time to get an accountant based in the Outer Hebrides then! Might put them off!Comment
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I had the same accountant from 1988 to 2010, never met them face-to-face. So it wasn't necessary, even before the internet.
I used phone, snail-mail and (except in early years) email to communicate.Comment
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SJD nightmare
Would have loved a face-to-face when my accounts ended up in a mess all thanks to SJD.
I continually asked the question "am I setting aside enough Corp Tax" and was told yes you are.
Only to discover later that I was some £10K short when it came to my year end.
No need now as Crunch are fantastic. The web based system is superb and the support you get over email and telephone is very good too. A lot cheaper to boot!Comment
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