Reply to: CapitalCity vs InTouch

[Clare@InTouch]

Clare you recently announced a referral of Amazon vouchers to the person doing the referral. Is one allowed to have X months free instead still? And - is there any tax implication of receiving a personal referral gift?

If you're referring someone and want a month free instead then let us know, I'm sure we can come to an agreement If not we do tend to change offers on a regular basis so keep an eye on what we're up to.

Vouchers would be taxable income for you personally, so should be included on your tax return. A reward to your company instead is effectively a refund of accountancy fees, so there are the CT implications there instead.

[d000hg]

Clare you recently announced a referral of Amazon vouchers to the person doing the referral. Is one allowed to have X months free instead still? And - is there any tax implication of receiving a personal referral gift?

[TheFaQQer]

You're such a tart.

[mudskipper]

Dibs! I'm claiming the referral

To be fair, with the new referral scheme, it only takes a handful of referrals to be able to buy an iPad.

You're such a tart.

[TheFaQQer]

£92 plus VAT, with a thank you reward for anyone who refers you to us (it's not an ipad or a pony I'm afraid, contrary to popular rumour). Give us a call or drop us an email for more details

Dibs! I'm claiming the referral

To be fair, with the new referral scheme, it only takes a handful of referrals to be able to buy an iPad.

[Clare@InTouch]

Hi Claire,

What are the monthly/annual costs for InTouch? I've been using the same accountant for over 4 years and I think they are too expensive. I pay about £150 per month and they don't even have an online portal

£92 plus VAT, with a thank you reward for anyone who refers you to us (it's not an ipad or a pony I'm afraid, contrary to popular rumour). Give us a call or drop us an email for more details

[ssamford]

Costs

Hi Claire,

What are the monthly/annual costs for InTouch? I've been using the same accountant for over 4 years and I think they are too expensive. I pay about £150 per month and they don't even have an online portal

[Jessica@WhiteFieldTax]

Indeed it's a bit of a blurred line because normally people only pay monthly to avoid large single payments... for a contractor that shouldn't be a problem and you'd normally in fact expect a discount for paying up front... or the option to pay your full year at year-end.

The "they have to do the same amount of work" line is probably pretty true but it's not necessarily about buying X hours of work per year. I'm sure all you service providers here have customers who take virtually no time each year and others who are phoning up every week asking a question or two, and you don't differentiate on price based on that

Of course not, it averages out, rough with smooth. There is a need to be pragmatic and commercial.

[TheFaQQer]

I'm a bit worried that all my emails get an auto-respond "sorry I'm on my pony" the last few weeks.

Mine say "If you're emailing me about that free iPad, **** off"

[d000hg]

Noted. I've added you to speed dial and set a daily reminder in my phone to call you. Get ready!

I'm a bit worried that all my emails get an auto-respond "sorry I'm on my pony" the last few weeks.

[TheFaQQer]

Very true. I always advise potential clients that they're welcome to call me every day if they need to. Thankfully only a few take me up on that!

I prefer to bombard you with emails instead

[Clare@InTouch]

Noted. I've added you to speed dial and set a daily reminder in my phone to call you. Get ready!

[captainham]

Very true. I always advise potential clients that they're welcome to call me every day if they need to. Thankfully only a few take me up on that!

Noted. I've added you to speed dial and set a daily reminder in my phone to call you. Get ready!

[Clare@InTouch]

Indeed it's a bit of a blurred line because normally people only pay monthly to avoid large single payments... for a contractor that shouldn't be a problem and you'd normally in fact expect a discount for paying up front... or the option to pay your full year at year-end.

The "they have to do the same amount of work" line is probably pretty true but it's not necessarily about buying X hours of work per year. I'm sure all you service providers here have customers who take virtually no time each year and others who are phoning up every week asking a question or two, and you don't differentiate on price based on that

Very true. I always advise potential clients that they're welcome to call me every day if they need to. Thankfully only a few take me up on that!

[d000hg]

Indeed it's a bit of a blurred line because normally people only pay monthly to avoid large single payments... for a contractor that shouldn't be a problem and you'd normally in fact expect a discount for paying up front... or the option to pay your full year at year-end.

The "they have to do the same amount of work" line is probably pretty true but it's not necessarily about buying X hours of work per year. I'm sure all you service providers here have customers who take virtually no time each year and others who are phoning up every week asking a question or two, and you don't differentiate on price based on that