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Old 03-05-2008, 10:34   #19
andygrif
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Join Date: Jul 2003
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Re: Switch account to my business name?

Quote:
Originally Posted by hokkers999 View Post
My accountant is fully qualified so I take her advice!
I don't mean to sound rude, but if you're so so happy with the advice your accountant is giving you then why are you asking for people's advice on here, then pooh-pooh'ing what people with their own experiences tell you?

Quote:
Originally Posted by hokkers999 View Post
I have deliberately not asked for any change in council tax etc as there are other *potential* knock on effects when you come to sell like capital gains etc.
So you're deliberately avoiding paying your Business Rates? I'm sure that will go down well with the local council.

Quote:
Originally Posted by hokkers999 View Post
I agree that staying off the revenue radar is always preferable - again that's what I pay my accountant for - but I also have tax investigation insurance that pays up to 1/2 mill in professional fees.
Telling the thruth is what's always preferable. Claim for the things you're entitled to and stop trying to defraud the Revenue out of a few quid a month for your internet. It's not rocket science.

Quote:
Originally Posted by hokkers999 View Post
I guess the safe answer is simply status quo. Though if VM would do real static ip's then I would if they allowed it keep my residential and purchase a business bb as well.
Static IP addresses have nothing to do with whether the service is a business one or not. As long as you're using the internet service for domestic as well as business purposes then you are not allowed to claim 100% of the expense as a business one - it's as simple as that.

And it's a little disturbing to me that someone who claims to be working in financial services cannot grasp a financial transaction so simple.
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