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CGT issue
I am helping family members with questions about a bungalow they are selling. The timeline is this: It was transferred to them by the parents of one of them, and lived in by the parents up until the death of the father in 2000. I am not sure of the exact date of the transfer. After the transfer but before 2000, the parents…
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Back to Studying after 20 years - which course suits me best?
I qualified in 2004 in IATI (Accounting Technicians Ireland). I then completed 2 modules in CIMA managerial level while working as an assistant management accountant until 2007 when my daughter was born and have been out of work due to disability. For the past 3 years I have been volunteering as a bookkeeper for a social…
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S455 and dividend allocation
Hi Everyone, This is my first post! I have had a client posing many questions today, which I am unsure of and my husband asked me if AAT had a forum! I will definitely be using this platform in future! My problem is that this husband and wife team have run up a director's loan of £9500. I am supposed to file their annual…
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HMRC- client list
Hello everyone! 👋 I’m Ana, new to the community and would really appreciate some advice and support. I’ve recently received the authorisation codes from my clients and completed the authorisation process, but I still can’t see them on my online client list. I’m wondering if I may have missed a step when setting up my HMRC…
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Anyone else doing the Level 2 Bookkeeping
Just putting feelers out for anyone who might be doing the Level 2 Bookkeeping, I am new to it so looking to connect with likeminded people, get advice etc.
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AI for bookkeepers
Hi, we discussed AI at a previous community meeting and Tom mentioned that AAT were looking at some training. I am very interested in learning how I can 'safely' learn and use AI for my work. Does anyone know of any training - either online or easy to get to (I don't drive)?
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AAT | Introduce yourself 💬
👋 Welcome to the AAT Community – let’s get to know each other! New here? Start by saying hello! This is the perfect place to introduce yourself to fellow AAT students and members. Tell us a bit about you – here are a few ideas to get you started: 💼 What stage are you at in your AAT journey? (Just starting, studying,…
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Partnership to Ltd Co
I have recently been asked to assist in transferring a partnership over to a ltd co. The original business was purchased 4 years ago and has £30k of goodwill on the balance sheet. The business has since grown well - t/over £350k last year- hence the Ltd co. Need some thoughts on how to deal with the Goodwill and also the…
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Accounts Certification Threshold
Hi, just wanting to make sure I am remembering this correctly. I'm a full MAAT licenced accountant but I mostly handle small businesses (i.e. maybe £300k turnover maximum!). A customer has taken on a new contract which has significantly increased his turnover and I expect him to hit the million pound limit before his…
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Has AI made entry-level accounting roles harder or easier to break into?
In a LinkedIn poll last week, our community voted 60% vs 40% in favour of AI making entry level accounting rolls more difficult. What's your experience using AI in entry level accounting roles?