Fuel receipts

[doobin]

its normaly a % of yr tuner over so @ £240 yrs must be pretty low

 

I used to pay £500- to a guy specialising in 'small businesses'. Meaning people like you who can't use a basic spreadsheet.

 

Mine is cheap because the information is all there and laid out for him. It also means I am in tune with exactly what is happening, and makes cashflow forecasts etc easy.

 

Shop around.

[Johny Walker]

I used to pay £500- to a guy specialising in 'small businesses'. Meaning people like you who can't use a basic spreadsheet.

 

Mine is cheap because the information is all there and laid out for him. It also means I am in tune with exactly what is happening, and makes cashflow forecasts etc easy.

 

Shop around.

 

got more important things to do wi my time than feck about wi figures all i do is orgernise it in to 3, piles sales,costs & fuel thats me done thanks:biggrin:,weve had the same accounts firm for 50+yrs

[JimM]

My accountant is now my sister-in-law after having used a local firm for the past two years.

She put it to me like this. Accountants don't give a damn about how your business is doing, how you're failing or how you're not getting the best out of your business. You pay them to submit your return and that's it. End of. If she worried about her 80 or so clients like we think they should be doing then she wouldn't sleep. So they get your figures. Put them in the right order and submit them.

Until she told me that I wondered why I wasn't getting calls. Or some sort of guidance from my accountant.

I think we all tend to think or them as our personal business accountant, as if they were part of our firm. But they most certainly are not.

If you want to PM me Simon then I'll send you a copy of the spreadsheet arrangement I use, with some figures in so you get the idea.

Cheers

Jim.

[Johny Walker]

My accountant is now my sister-in-law after having used a local firm for the past two years.

She put it to me like this. Accountants don't give a damn about how your business is doing, how you're failing or how you're not getting the best out of your business. You pay them to submit your return and that's it. End of. If she worried about her 80 or so clients like we think they should be doing then she wouldn't sleep. So they get your figures. Put them in the right order and submit them.

Until she told me that I wondered why I wasn't getting calls. Or some sort of guidance from my accountant.

I think we all tend to think or them as our personal business accountant, as if they were part of our firm. But they most certainly are not.

If you want to PM me Simon then I'll send you a copy of the spreadsheet arrangement I use, with some figures in so you get the idea.

Cheers

Jim.

 

 

strange that, mines the opposite ,it was he that suggested splitting my co in to diffrant companys ,its all about been TAX efficient these days !!!!!!

[Graham w]

strange that, mines the opposite ,it was he that suggested splitting my co in to diffrant companys ,its all about been TAX efficient these days !!!!!!

 

lol thats one way to double your bill! if you have two businesses you have to submit two or three returns

[Johny Walker]

lol thats one way to double your bill! if you have two businesses you have to submit two or three returns

 

but the tax saving off sets that ,like i said its about been tax eficient !!!!

[ballibeg]

its normaly a % of yr tuner over so @ £240 yrs must be pretty low

 

Percentage of turnover.....? What a con. Accountancy work doesn't increase in line with turnover. It's like us charging more to fell bigger trees......oh....hang on.....

[Billy]

but the tax saving off sets that ,like i said its about been tax eficient !!!!

 

Would you care to elaborate on why splitting the company into two is more tax efficient? Is it to avoid hitting the VAT threshold ?

 

 

WM Tree Services

 

http://www.bestkenttreesurgeons.co.uk

[Johny Walker]

Would you care to elaborate on why splitting the company into two is more tax efficient? Is it to avoid hitting the VAT threshold ?

 

 

WM Tree Services

 

Best Kent Tree Surgeons for Professional Tree Surgery Work in Maidstone

 

nothing to do wi the vat , the vat is now £79k, im a sole trader ,in both co,s ,i sell a lot of logs & wood chip, it pushed my profit up ,thus incuring a wacking gert tax bill !!!!!!!!!!!,so i split the the job up ,

[Billy]

I see, but surely as a sole trader if your making 30k profit on one return and 30k on another your still one person making 60k and would incur the relevant taxes and only have one tax free allowance etc. unless one or both are a Ltd company I don't see how that could work. VAT threshold is £81k this year.

 

 

WM Tree Services

 

http://www.bestkenttreesurgeons.co.uk