Dodgy Accountant?

T.C.T.C. Experienced MentorRegistered, Tutor Posts: 1,448
I have just been approached by a prospective new client. He has moved up from Kent, where his "accountant" merely took his gross income and claimed back his CIS tax paid. He never asked the client for any other paperwork, receipts etc, apparently saying that "he would claim for the maximum possible without being investigated". Therefore my 'new client' has no paperwork for 07 08 as he thought I would do the same. Big shock!
Apparently the accountant took 20% of the tax refund as his fee!
What do you think about that one then?? :001_rolleyes:

Comments

  • claudialoweclaudialowe Trusted Regular Registered Posts: 275
    I think that there are quite a few companies on the web who "specialise" in doing subbies tax returns for a % of the refund.

    In the absence of receipts, I would do mileage on the 40p/mile thing, your fees (easy), a couple of quid a week for use of home, and leave it at that. Having been deducted at 20% for the last year, he will probably have a refund, so will be happy with what you have done.

    Oh - and I would also buy him a biscuit tin to keep all his receipts in for this time next year :thumbup:

    I have noticed that subbies have been much quicker off the mark this year - the extra 2% deduction has obviously concentrated their minds!!

    All I need now is for PTP to send me my new programme - after all I have paid for it :mad2:

    Claudia
  • PoodlePoodle Experienced Mentor Registered Posts: 711
    Oh - and I would also buy him a biscuit tin to keep all his receipts in for this time next year :thumbup:
    I always prefer to recommend a lever arch file and a whole punch myself, as it is no longer politically correct to use a plasic bag:laugh:

    I have noticed that subbies have been much quicker off the mark this year - the extra 2% deduction has obviously concentrated their minds!!

    dreading the subbie paperwork this year with no vouchers

    All I need now is for PTP to send me my new programme

    there you have it Sage may be expensive but I have most of mine with more to come:001_tt2:

    Poodle
  • T.C.T.C. Experienced Mentor Registered, Tutor Posts: 1,448
    "Dreading the subbie paperwork with no vouchers" - not me. A considerable amount of my work is CIS and I have most of my subbies 'in the know' with what they should be getting in the form of Payment Statements from contractors, so I don't expect too many problems. :thumbup1:
  • PoodlePoodle Experienced Mentor Registered Posts: 711
    T.C. wrote: »
    I have most of my subbies 'in the know' with what they should be getting in the form of Payment Statements from contractors:

    I think that we have all tried to cover this but you stll get the odd 'muppet':laugh:
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