appealing tax calculations?

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prozak replied

12 October 2011, 10:20
edumicate yourself.

start here:

Company Tax Advice: Dividends vs Bonus vs Salary
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northernladuk replied

11 October 2011, 22:02
Originally posted by Jeystone View Post

by sympathizer I mean doesn't seem to be interested in setting up the best structure for me and my business..She failed to mention that dividends could be taken monthly and set me up PAYE, so now I am paying 3 different flavours of tax leaving me with....fck all

******* get rid then. We have told you enough times. Sort yourself out for christs sake. If you are not going to help yourself the board will not be sympathetic that is for sure.
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Jeystone replied

11 October 2011, 18:58
Originally posted by northernladuk View Post

Jeez. You are seriously going to have to wake up and smell the coffee if you are going to get much past this phase.

by sympathizer I mean doesn't seem to be interested in setting up the best structure for me and my business..She failed to mention that dividends could be taken monthly and set me up PAYE, so now I am paying 3 different flavours of tax leaving me with....fck all
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northernladuk replied

11 October 2011, 14:48
Originally posted by Sockpuppet View Post

Accountant has a t-shirt that says "I heart hector".

Or a picture of a donkey with a purple towel on it saying 'HMRC are ACE!'
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Sockpuppet replied

11 October 2011, 14:03
Accountant has a t-shirt that says "I heart hector".
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JamJarST replied

11 October 2011, 07:40
Originally posted by Jeystone View Post

I have a feeling my accountant is a bit of a HMRC sympathiser and is going to cost me a lot of tax I could legally avoid. Are there ways one can ask HMRC to recalculate?

Why do you say that? What has given you that impression?
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xoggoth replied

10 October 2011, 19:21
As I keep saying, use an accountant by all means but always find out things for yourself too so you can keep a check. Some accountants are good but some are bloody awful and are reactive rather than proactive, they don't tell anything you unless you ask a question.

Start points:

http://www.hmrc.gov.uk/guidance/480.pdf
HM Revenue & Customs: Expenses and benefits A to Z
http://www.uktaxcalculators.co.uk/

Last edited by xoggoth; 10 October 2011, 19:24.
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northernladuk replied

10 October 2011, 17:49
Originally posted by Jeystone View Post

I have a feeling my accountant is a bit of a HMRC sympathiser and is going to cost me a lot of tax I could legally avoid. Are there ways one can ask HMRC to recalculate?

Jeez. You are seriously going to have to wake up and smell the coffee if you are going to get much past this phase.
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Clare@InTouch replied

10 October 2011, 15:03
You can submit amended accounts after the fact if you find things that have been omitted or miscalculated, although it's obviously not going to look great on your record that you've done so.

You'd be better to find a new accountant if you don't trust him, do your own research so you can question him if you do decide to stay, or get another expert to review the accounts before they are signed off.
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Jeystone started a topic appealing tax calculations?

10 October 2011, 14:59
appealing tax calculations?

I have a feeling my accountant is a bit of a HMRC sympathiser and is going to cost me a lot of tax I could legally avoid. Are there ways one can ask HMRC to recalculate?
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