Originally posted by THEPUMA
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Churchill Knight & Boox clients being investigated as Managed Service Companies
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Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k. -
How would one go about suspending their company right now? It seems the company could not be closed and dissolved with this outcome pending?
So in the time being, if I wanted to go back into normal employment, what are the recommended steps?Comment
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Originally posted by enda1 View PostHow would one go about suspending their company right now? It seems the company could not be closed and dissolved with this outcome pending?
So in the time being, if I wanted to go back into normal employment, what are the recommended steps?
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Originally posted by jamesbrown View Post
Ah, that's a very interesting detail, thanks.Last edited by frz78; 30 March 2022, 15:56.Comment
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Originally posted by eek View Post
It's hard to see what reduced work exists - they still need to process a VAT return (albeit one that may have reduced / no income), they still need to process PAYE....
I can see the reasons behind the offer but it's hard to see what bit of the workload is actually reduced
I think we're in agreement (THEPUMA too) that this was a bad call by CK. However, I think THEPUMA is right about the purpose of (2)(a) and I just cannot see this discount being enough to trigger (2)(a), but it will be tested for sure.
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It's also worth noting that CK is calling this in inactive company rate, which is more like dormant, so perhaps it really is a dormant company rate afterall.Comment
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Originally posted by frz78 View Post
i have never ever seen that with CK tbh. My fee is the same all the time unless the company is dormant (instructed by PSC director) and you require a reduced accountancy service i .e annual return once a year etc.
It is still tenuously connected to the services of the individual, so it was still a bad idea and is still going to get tested, but emphasis on tenuous.Comment
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Originally posted by jamesbrown View Post
Right, so it is sounding more like a dormant company rate, which ties in with the language CK is using. In that case, yes, there is a reduced workload.
It is still tenuously connected to the services of the individual, so it was still a bad idea and is still going to get tested, but emphasis on tenuous.Comment
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These discussion points around the tests of involvement are only relevant if the firms are deemed to be not accountants right? Or am I missing something here?
Surely the reason the accountancy exemption exists at all is because services provided by an accountant would potentially otherwise fail these tests?Comment
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Originally posted by Hareforthebear View PostThese discussion points around the tests of involvement are only relevant if the firms are deemed to be not accountants right? Or am I missing something here?
Surely the reason the accountancy exemption exists at all is because services provided by an accountant would potentially otherwise fail these tests?Comment
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