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Oyster refunds
"Roland Perry" wrote in message ... In message , at 11:06:29 on Sat, 28 Mar 2015, tim..... remarked: Unfortunately I'm not yet ready to transfer my company accounts to paperless (and I'm not sure HMRC is either, on my behalf). Last week I received a letter from HMRC to say that they won't be sending me what they call the 'paper pack' (for self-assessment) this year but will instead send me an SA316 to explain how to complete a tax return online or by post. I am encouraged to make my return online as it is 'just as easy, which is why most people chose to do it this way.' When the online system started it couldn't deal with people claiming losses, the sad situation that I happen to be in, but I don't know if that is still the case. If I continue to submit my return by post then I guess HMRC will save on the cost of printing the forms. If thay are encouraging individuals to submit online then it can't be long before they start on small companies too. I thought they already had I leave my accountant to file my return, but I'm sure that she told me a few years ago that it was online only But I bet you don't transfer your business records to her paperlessly Um, yes I do we communicate by email with attachments have thrown away all the receipts I keep those at home, um I mean, on my office premises, for the (small) chance that anyone wants to see the originals. My "cash" business expenses represent a tiny part of my overheads so she trusts me to report the total to her without sight of the receipts and invoices, these start off life as an xls file, so I just copy them to her or expect HMRC to be happy with a paperless audit of paperless records. I don't think that "record keeping" for audit purposes comes under the remit of "reporting" I doubt that HMRC will ever expect "record keeping" to go paperless. That's what I meant by "transferring my company accounts to paperless". Take that up with the PP. I was replying to his point, by which time he had already made this mistake tim |
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