Recommendations for accounts please

[ZARDOZ]

You're not signing over power when an accountant acts for you, you're allowing them to view your records, talk to HMRC and file things on your behalf. That doesn't mean the ultimate responsibility moves away from you though, so you should still know what's going on. !

Well Mr Upton used his agent status to get refunds processed into his own bank account behind his clients backs so I'd say the power as an agent has goes a little more than viewing and talking and filing. Yet as far as HMRC are concerned it's the Ltds fault if this happens. I would have thought they should be responsible for the security of thier own bank accounts not the taxpayer. Call it a Loophole, but I bet dishonest agents can still request/fabricate refunds and specify where they should be paid. Once it's gone HMRC will wash thier hands of any liability, so by time the Ltd finds out it's too late, even if checking daily.
IIRC Mr Upton bought more time by blaming it on HMRC mistakes, which is credible. This back door needs sorting out.

[northernladuk]

This back door needs sorting out.

I think Mr Upton's back door has probably been well and truly sorted out by now....

[ZARDOZ]

I think Mr Upton's back door has probably been well and truly sorted out by now....

I doubt he had it rough. He'll probably be back in business soon. All he needs to do is get Google to delete his history and/or find someone to hide behind.



Not saying accountants should not be trusted by any means. Just that HMRC makes it easy for dishonest ones. Probably best to go meet any potential accountant and suss them out.

[Fred Bloggs]

Reading this, I'm amazed that Upton thought he could get away with what he was doing. I mean, he must have known full well the consequences of what he did.

[Jeremiah@RHJAccountants]

Reading this, I'm amazed that Upton thought he could get away with what he was doing. I mean, he must have known full well the consequences of what he did.

He did know the consequences and did not care it was about living his extravagant lifestyle six top of the range cars and three big house to impress women.

As i said earlier his actions should not tarnish all the honest and hardworking accountants.

[Clare@InTouch]

Well Mr Upton used his agent status to get refunds processed into his own bank account behind his clients backs so I'd say the power as an agent has goes a little more than viewing and talking and filing. Yet as far as HMRC are concerned it's the Ltds fault if this happens. I would have thought they should be responsible for the security of thier own bank accounts not the taxpayer. Call it a Loophole, but I bet dishonest agents can still request/fabricate refunds and specify where they should be paid. Once it's gone HMRC will wash thier hands of any liability, so by time the Ltd finds out it's too late, even if checking daily.
IIRC Mr Upton bought more time by blaming it on HMRC mistakes, which is credible. This back door needs sorting out.

Upton committed fraud, pure and simple. But that can happen in a thousand situations each day - I went to school with a guy who got caught nicking from the bank he worked for, but it didn't make me close all my bank accounts and stuff the money under my mattress on the grounds that all bank staff must therefore by thieving from their employers. Equally not all priests are child molesters, not all people called West will kill you, and not all dogs will bite children. You're taking the worst case and extrapolating to an entire class of people, which is never going to be true.

[Clare@InTouch]

He did know the consequences and did not care it was about living his extravagant lifestyle six top of the range cars and three big house to impress women.

As i said earlier his actions should not tarnish all the honest and hardworking accountants.

Don't forget his trainset and his mistress

[northernladuk]

He did know the consequences and did not care it was about living his extravagant lifestyle six top of the range cars and three big house to impress women.

As i said earlier his actions should not tarnish all the honest and hardworking accountants.

FTFY....

[Clare@InTouch]

FTFY....

Meh

[Jeremiah@RHJAccountants]

Don't forget his trainset and his mistress

Ah yes the mistress she got a brand new Mercedes out of it too