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Reply to: inniAccounts PCG

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Previously on "inniAccounts PCG"

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  • simondolan
    replied
    Originally posted by malvolio View Post
    There is supposed to be a sensible workaround, but I dno't know what the process is. However, logically it would follow the accountant, not stay with the original company.

    AFAIK it's one of the many things under review at the moment.
    To my mind it makes most sense for the accreditation to follow the accountant? Like a professional qualification.

    Leave a comment:


  • malvolio
    replied
    Originally posted by Higgs Boson View Post
    That helps a lot.

    My Accountant told me he passed the test and then moved jobs so he couldn't take the accreditation with him.

    I didn't believe him at first but I do now.
    There is supposed to be a sensible workaround, but I dno't know what the process is. However, logically it would follow the accountant, not stay with the original company.

    AFAIK it's one of the many things under review at the moment.

    Leave a comment:


  • Higgs Boson
    replied
    That helps a lot.

    My Accountant told me he passed the test and then moved jobs so he couldn't take the accreditation with him.

    I didn't believe him at first but I do now.

    Leave a comment:


  • malvolio
    replied
    Originally posted by Higgs Boson View Post
    You sound like a PCG Zealot I'm afraid. I promise to "read" any answer you write rather than listen, but I can't pretend to see an answer where there isn't one. It's the same response I get from other freelancers at the bank using off-shore schemes. You question it and they get upset.

    Lets pick one from the PCG list, Acconomy. The contact is a Nigel Simmons and we can assume he is the person that passed the course. If Nigel leaves and joins a new employer, does that mean Acconomy are no longer accredited and neither is Nigel?
    Yes.

    Does that help?

    Leave a comment:


  • Higgs Boson
    replied
    Originally posted by malvolio View Post
    What do you mean, "Who taught the PCG?". It was formed by contractors, it is run by contractors, it talks to contractors, when contractors ask questions it has access to governmental, legal and accoutancy knowledge at a very high level to get appropriate answers. A parallel and equally meaningful - or perhaps meaningless - question is "Who taught the ICAEW and ACCA?".

    Question all you like, I really don't mind. But at least listen to the answers.
    You sound like a PCG Zealot I'm afraid. I promise to "read" any answer you write rather than listen, but I can't pretend to see an answer where there isn't one. It's the same response I get from other freelancers at the bank using off-shore schemes. You question it and they get upset.

    Lets pick one from the PCG list, Acconomy. The contact is a Nigel Simmons and we can assume he is the person that passed the course. If Nigel leaves and joins a new employer, does that mean Acconomy are no longer accredited and neither is Nigel?

    Leave a comment:


  • malvolio
    replied
    Originally posted by Higgs Boson View Post
    Who taught the PCG then?

    And please try not to sound too upset when someone questions the PCG, it makes it look suspicious.
    What do you mean, "Who taught the PCG?". It was formed by contractors, it is run by contractors, it talks to contractors, when contractors ask questions it has access to governmental, legal and accoutancy knowledge at a very high level to get appropriate answers. A parallel and equally meaningful - or perhaps meaningless - question is "Who taught the ICAEW and ACCA?".

    Question all you like, I really don't mind. But at least listen to the answers.

    Leave a comment:


  • SueEllen
    replied
    Originally posted by Higgs Boson View Post
    Who taught the PCG then?

    And please try not to sound too upset when someone questions the PCG, it makes it look suspicious.
    Nothing suspicious about it.

    Like with lots of things in life some people learn by listening to others while others have to experience it themselves before they learn.*

    PCG credited accountants fall into the first group while IniAcounts fall into the 2nd.

    Believe it or not there are a few accountants around who are also contractors or have been contractors. So as they have had formal accountancy training and qualifications plus have the ability to submit their own accounts, they have learnt by experience how to deal with HMRC and the relevant laws and regulations.

    *Of course there are people who do a mixture of both but I'm making it simple.

    Leave a comment:


  • Higgs Boson
    replied
    Who taught the PCG then?

    And please try not to sound too upset when someone questions the PCG, it makes it look suspicious.

    Leave a comment:


  • malvolio
    replied
    Originally posted by Higgs Boson View Post
    How would the PCG know what makes a good or bad contractor Accountant?
    Do pay attention. They don't.

    Nor do they claim to. All they say is that this accountant has done a course on some of the specific legal peculiarities that haunt contractors.

    However the PCG is made up of 22,000 practising freelance contractors in a range of disciplines. I would suggst their collective view of what a good contractor accountant should be is pretty well definitive.

    Leave a comment:


  • Higgs Boson
    replied
    Originally posted by SueEllen View Post
    Use the fine search facility and find out who he is.

    The only reason to use a PCG accredited accountant is so they don't come out with bulltulip on how you should run your company as they understand how contractors work.

    However there are other accountants in the country who are fine.
    How would the PCG know what makes a good or bad contractor Accountant?

    Leave a comment:


  • nigelspencer
    replied
    inniAccounts - brilliant

    I've been contracting since 1989 and in that time have used 5 different Accountants - out of all of them inniAccounts are the only only ones I've recommended to anyone. Of the others certainly 2 are on the PCG list however I wouldn't recommend them.

    for the first time now I'm with inniAccounts
    • I can see my tax liabilities whenever I want
    • I have everything online
    • They got my accounts right the very first time
    • they are a very reasonable price

    Leave a comment:


  • SueEllen
    replied
    Originally posted by Waldorf View Post
    But as a warning to newbies, they should try searching/googling for Darren Upton.....
    As I stated before use this site's fine search facility.

    And another warning to newbies don't leave it all to your accountant.

    Leave a comment:


  • Waldorf
    replied
    Originally posted by Jessica@WhiteFieldTax View Post
    Accountant shouldn't be touching your CT funds at all, unless they are a MSC...
    But as a warning to newbies, they should try searching/googling for Darren Upton.....

    Leave a comment:


  • Jessica@WhiteFieldTax
    replied
    Originally posted by northernladuk View Post
    and if they are paying your CT to HMRC or pocketing it to lavish on young dolly birds
    Accountant shouldn't be touching your CT funds at all, unless they are a MSC...

    Leave a comment:


  • northernladuk
    replied
    Originally posted by inniAccounts View Post
    On that point, remember no qualification or certification is going to guarantee the quality or accuracy of your accountant's advice or output. My advice: seek out recommendations, compile your questions and give them a call. Judge them on the quality of their answers, their approach to customer service and how well they fit your needs as an individual.
    and if they are paying your CT to HMRC or pocketing it to lavish on young dolly birds

    Leave a comment:

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