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Recent content by manstein
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M
Dividends and CT
When I first started out contracting I just left everything up to the accountant and read up on stuff as time passed. At the start it all seemed really complicated, when to pay myself expenses, what to claim for, when to deduct them, dividends and when to pay them, how much to take for a...- manstein
- Post #7
- Forum: Accounting / Legal
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M
Help With Self Assessment
My accountants filled in mine for me and they put in my dividends + salary here. I have since changed accountants (due to the last lot being totally incompetent) and gave the form to my new accountant to give it the once over and he said that he personally wouldn't recommend doing that as it...- manstein
- Post #9
- Forum: Accounting / Legal
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M
BBC Watchdog
I thought you'd made that story up! It's astounding to think there really are still people in the world that when they hear the words 'Nigeria' and 'Internet' in the same sentence don't automatically think something is fishy? I'm sure there must be honest Nigerian firms operating online but it... -
M
IR35 Dragonfly : The fallout
I've wondered about this as well. Say I was approaching retirement. What's to stop me filing my taxes late for the last year, not paying any corporation tax, VAT, etc. so basically have up to 2 years money in my account, give it all to myself as a nice juicy dividend then just throw my hands up...- manstein
- Post #5
- Forum: Accounting / Legal
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M
What's happening SJD?? (Scottish branch)
I'm confused now. I'm a recent client of SJD after being recommended by a colleague and at the footer of the 'Our Responsibilities to You' letter it reads 'S J D Accountancy is a part of S J D (Scotland) Ltd. registered in Scotland No. SC218905' (and then there is a long list of associated...- manstein
- Post #41
- Forum: Accounting / Legal
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M
If VAT rate changes
I need to do something to fill up my 3 months and I'm sure BT are monitoring my phone. -
M
If VAT rate changes
I always thought the FRVS was set at a certain figure per industry / profession so that you could forego the hassle of the more complicated claiming back system. So, for example, a farmer may be on 7% FRVS as you would expect him to have a lot of stuff to claim back, whereas an IT professional... -
M
Unlimited Internet.
This subject always gets my goat, not because of the 'unlimited' but because of the following story. BT charged me £25 extra one month for going over my agreed limit (which was the maximum allowed at the time, this was around 2.5 years ago). I queried how I could check my usage - I couldn't... -
M
Council pay below NMW!!!
Or you could write to Rotten Boroughs in Private Eye, if they are ripping people off wholesale (especially the demographic of the much touted Labour Minimum Wage / taking people out of poverty) they might be interested. Whenever my (previous) accountant made a mess of things by calculating...- manstein
- Post #9
- Forum: Accounting / Legal
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M
IR35 Insurance as business expense
I thought that if you were a director of a company and it went bankrupt then you couldn't be a director again for a period of time, or am I just thinking about personal bankruptcy? If it's the case that you can be a director of company after company then I also don't see why anyone would pay...- manstein
- Post #17
- Forum: Accounting / Legal
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M
IR35 Insurance as business expense
Thanks for the explanations, and I was under the misconception that if I had a corporation tax bill of £10,000 I could say that I had £2,000 of expenses and just give the tax man £8,000. Now that I think about it it makes perfect sense that it should come out of the gross and I understand it...- manstein
- Post #8
- Forum: Accounting / Legal
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M
IR35 Insurance as business expense
Hi all, I am considering taking out QDOS's TLC35 insurance, which I believe will cover my tax bill should I be found to be caught by IR35. I have searched the web high and low about whether I can offset the full cost of this as a business insurance against my corporation tax bill or does this...- manstein
- Thread
- Replies: 16
- Forum: Accounting / Legal
