Originally posted by Supergirl007
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Churchill Knight & Boox clients being investigated as Managed Service Companies
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merely at clientco for the entertainment -
Regarding the amounts being asked for - given the number of contractors involved they seem to be asking for £millions and while tribunals are expensive they aren’t that expensive
worse they are doing the exact thing hmrc hates, asking for money proportional to the profit mademerely at clientco for the entertainmentComment
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Originally posted by eek View Post
Be very careful with what you say - why was your accountancy firm issuing invoices for you - that could (to HMRC) easily look CK were running your business for you on a day to day basis
"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Lets say £7000 average liability and we have 1000 contractors under CKA being investigated.....£7m to fight 5 tribunal cases....Comment
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Originally posted by cojak View PostOh Dear, I missed that bit, I was focusing on the money.
the accountancy firm shouldn’t be doing day to day management items such as issuing invoices - that is the very definition of someone else managing your business as a service on your behalfmerely at clientco for the entertainmentComment
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Originally posted by Bonerp View PostLets say £7000 average liability and we have 1000 contractors under CKA being investigated.....£7m to fight 5 tribunal cases....merely at clientco for the entertainmentComment
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Originally posted by eek View Post
Be very careful with what you say - why was your accountancy firm issuing invoices for you - that could (to HMRC) easily look CK were running your business for you on a day to day basis
This has all the look and feel of a company about to go bankrupt!Comment
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Originally posted by GregRickshaw View Post
This has all the look and feel of a company about to go bankrupt!
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Originally posted by Supergirl007 View PostHave you guys just received a request for monies to help fight this case with Churchill Knight? I am so screwed. All I did was have them look after my invoicing and bookkeeping. They are not responsible for telling me how much I can earn or take or anything. They have always been my own choices.
I would think very carefully now about simply letting this play out in court and then representing yourself at a tribunal afterwards if CK lose. The amount of money they are asking for is way over the one million pounds David Kirk and others have estimated to be need, and they (DK and others) factor in amounts for appeals.
We are all innocents here and if CK weren't about to disappear with it seems clients money it would be worth us getting together to sue them.Last edited by GregRickshaw; 2 November 2022, 16:21.Comment
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In case there is any poor soul still using CK's accountancy services for their LTD. Leave them as soon as you can.Comment
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