online account service inniaccounts

[eek]

Looks good, built in java too..

Anyone using it in anger?

Yes but I'm only paying for the solo version as that gives me more than I want and the things they offer at the higher fee are mostly items I want to do myself as they are items you are responsible for as a Director (such as VAT returns and Company house returns).

Its very good and I highly recommend them but personally I can't justify paying £60 for things I don't actually want them to do.

[lithium147]

Yes but I'm only paying for the solo version as that gives me more than I want and the things they offer at the higher fee are mostly items I want to do myself as they are items you are responsible for as a Director (such as VAT returns and Company house returns).

Its very good and I highly recommend them but personally I can't justify paying £60 for things I don't actually want them to do.

Ok, that sounds to what I am considering. Currently I have just been use spread sheets, and do the following myself: submit VAT, submit companies house return, all tax payments; and accountant does the harder things like CT and end of year stuff. So solo looks appealing to me.

Am interested in this:
Upload and store expense receipts (ditch the shoebox)
So i guess thats scanning receipts and storing electronically. Is this ok with HMRC?

If thats ok, then having mobile app to do that sounds like a cool idea.
Do you use the mobile app?

[eek]

If thats ok, then having mobile app to do that sounds like a cool idea.
Do you use the mobile app?

No as the current clientco is only commutable by car I only have 1 paper receipt in the last 9 months (£2000+ plus of apple equipment). But then again I don't expense lunch ... as its not worth the effort.

[captainham]

Am interested in this:
Upload and store expense receipts (ditch the shoebox)
So i guess thats scanning receipts and storing electronically. Is this ok with HMRC?

HMRC don't care how you store your records, as long as you have them in the first place. I would argue that keeping an electronic copy is best anyway, less likely to lose them, some till receipts can fade over time, mine are all stored online on Dropbox so I can't lose them if a hard drive fails in my computer, etc.

Plus it means I don't have to bother keeping the paper copies (although I do anyway!).

[Clare@InTouch]

HMRC don't care how you store your records, as long as you have them in the first place. I would argue that keeping an electronic copy is best anyway, less likely to lose them, some till receipts can fade over time, mine are all stored online on Dropbox so I can't lose them if a hard drive fails in my computer, etc.

Plus it means I don't have to bother keeping the paper copies (although I do anyway!).

Agreed - but just to add that the only original things you need to keep are vouchers showing a deduction of tax, for example dividend vouchers.

[lithium147]

Dividend vouchers are just print outs, so cant you just print them out when the TAX man comes knocking?

[northernladuk]

Dividend vouchers are just print outs, so cant you just print them out when the TAX man comes knocking?

Technically yes but also by not having them you are technically paying yourself illegal dividends.
Only needs him to see the signature is exactly the same on every copy or printer ink is slowly fading on them all to screw you.

Very bad practice carrying quite a bit of risk IMO.

[ecfc29]

+1 on that. Likin it. Think they do it cheaper by having a 1st line set of advisors who answer the most common questions and pass you on to accounts technicians with more difficut questions, who pass you on to a proper accountant if you need specialist advice.

Try their software for free, upgrade to £9.99 if you want support or pay the full £70 odd inc VAT per month if you want accounts done too. No extra charges at year end.

Im a start up and am looking for an accountant. I have a good grasp of things but want to go for the full package i.e. accountant does tax returns, vat etc.

Thinking of going with Crunch - would you recommend them?

[Buzby]

Crunch

Im a start up and am looking for an accountant. I have a good grasp of things but want to go for the full package i.e. accountant does tax returns, vat etc.

Thinking of going with Crunch - would you recommend them?

I have looked at online accountants and think I will be moving from my traditional account to Crunch. They get good reviews, you can submit expenses from an Iphone app and good price.

[IR35 Avoider]

Looks good, built in java too..

Anyone using it in anger?

Yes, using the £71 a month option. The software is really good, and they are constantly improving it. For example they recently added a facility to automatically add expenses to your accounts that correspond to your regular payments, in my case the direct debit that pays them and the one that goes to childcare provider.

The best feature they've added is that they can automatically pull in all your bank account transaction details from Cater Allen. You can reconcile these against accounts entries if those already exist, otherwise use them as a basis for generating the accounts entries.

To do quarterly VAT, all it takes is ten minutes reconciling bank data with accounts and/or generating any missing entries, then tick a box to say your accounts are up-to-date. The next thing that happens (from your point of view) is that HMRC collect the VAT by direct debit at the last possible date. (Inbetween, their accountants submit the returns online.)