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Test case: the CTA law e-assessment

January 4, 2011 5 comments

The working New Year begins today, with a VAT rise and sore heads all round. However, in my professional life my main concern this morning was the CTA law e-assessment. (Fortunately, having passed the ATT recently, I am exempt from taking the ethics e-assessment.)

As part of the preparation I, as usual, used a well-known search engine to try and gather some reliable intel and extra practice questions, with limited success, so I decided I would try to share my experience with you to hopefully benefit anyone similarly preparing to take the test.

Read more…

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Categories: Uncategorized

AccountingWEB.co.uk & P800s

September 29, 2010 Leave a comment

Hi all,

Apologies for the total lack of posts over the last few weeks. This is likely to continue – I’m in the process of changing jobs and web time is sporadic.

Just wanted to flag up the fact that I contribute now and again to Any Answers on the AccountingWEB.co.uk website. All my comments can be found here. I add a link to the blog at the bottom of each one – thought it was time I did the reverse.

Other than that, a quick note about the tax calculations coming from HMRC that have been all over the news in recent weeks. If you’ve received a P800 from HMRC:

  1. DON’T PANIC; Read more…
Categories: Uncategorized Tags: ,

FAB #2: Class 2 National Insurance

July 14, 2010 Leave a comment

Joined-up thinking¬†was never the Inland Revenue’s forte, and continues not to be with HMRC. Although improvements have been made in many areas over the last few years, the National Insurance Contributions Office (or NICO to¬†its friends) at Newcastle can still amaze with its ability for each of its hands to not know what any of the others are doing.

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P11D’d off

July 7, 2010 Leave a comment

Apologies for the radio silence of the last few days, but P11D season had a little sting in its tail for me. Read more…

Translating HMRC jargon

July 1, 2010 Leave a comment

A couple of years late, I noticed that HMRC received a Golden Bull award from the Plain English Campaign for this gem, oft seen by advisers:

I will treat your Tax Return for all purposes as though you sent it in response to a notice from us which required you to deliver it to us by the day we received it.

Far be it from me to defend HMRC, who regularly send out poorly addressed, non-proofread or unintelligible letters, but I thought I might just put on record why this particular tortured phrase appears so often. I will stop short, however, of suggesting a suitable alternative phrase… Read more…

Categories: Working with HMRC

Coping with companies: incorporated sole traders

June 30, 2010 1 comment

So, you’ve run your business successfully for a while now, and your accountant suggests you transfer the business to a limited company for tax reasons. Eighteen months later, your tax bills seem higher than ever and your adviser is muttering something about ‘section 419* tax’. What’s going on? Read more…

Categories: The Basics Tags: , , ,