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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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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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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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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?
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balance sheet
My funding partner is asking for an up-to- date balance sheet, but I have not been given opening balances yet from accountants, will it be ok to give him the figures without these incorporated.
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Welcome practice owners
Welcome @stephmaggs @Elizabeta @BrittanyDraper It was a pleasure meeting you all at today's community meeting, and I'd like to extend a warm welcome to the Practice Owner Community forum. We're really pleased to have you here. This thread is a great place to pick up on the conversations we started yesterday, and we…
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MTD Panic
Hi, Looking for advice really. Just realised one of my clients should be in MTD and needs a submission 5th August. My BTC tax software doesn't incorporate this. Ideally I'd just like to collate the property income and receipts on a spreadsheet and upload to HMRC but realise this may not be possible How are you guys doing…
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MAAT to FMAAT
Can someone explain to me what the difference between MAAT and FMAAT is please? Is it just a matter of time spent as a member? What are the benefits of changing?