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Accountant

2

Comments

  • [simon]
    [simon] Posts: 241 Forumite
    Eighth Anniversary 100 Posts Combo Breaker
    zygurat789 wrote: »
    Could you be a little bit more specific as to how you will perform this service.

    Taxi driver
  • Opinion
    Opinion Posts: 401 Forumite
    How much do you think you'll be able to teach yourself in the space of a few weeks compared to an accountant that has years of training and years of experience? I'd also bet there are accountants that specialise in taxi/private hire, too. As trailingspouse has said, a good accountant is worth their weight in gold.
  • Claree__x
    Claree__x Posts: 1,186 Forumite
    [simon] wrote: »
    Taxi driver

    I'm an accountant (specialise in small business & tax advice) and I can't remember any of our taxi drivers actually having a tax bill and I'm sure most of them wouldn't achieve that themselves. That could just be our taxi drivers though!
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    [simon] wrote: »
    Taxi driver

    How many passenger seats in the vehicle?
    The only thing that is constant is change.
  • [simon]
    [simon] Posts: 241 Forumite
    Eighth Anniversary 100 Posts Combo Breaker
    zygurat789 wrote: »
    How many passenger seats in the vehicle?


    1 in front and 3 in back = 4
  • Suarez
    Suarez Posts: 970 Forumite
    What colour is the vehicle?
  • Pennywise
    Pennywise Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You don't know what you don't know. With tax the devil is in the detail, that's why people are trying to get the facts from the OP.

    Eg., VAT rules are different as to the number of passengers you carry, hence why it's important to know whether it's a car or minibus.

    Eg., capital allowance rules to get tax relief on the vehicle's purchase depend on whether it's a normal car (such as private hire) or whether it's a specially designed taxi (such as a hackney/black cab).

    Would you have known such differences even existed, let alone know where to look to research and learn about them, or how they could impact on your tax bill?
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    edited 3 July 2014 at 2:52PM
    [simon] wrote: »
    1 in front and 3 in back = 4

    That's a shame. Had it been an 8 seater then you would have had a zero rating for VAT. This is better than sliced bread.

    The phrase "transporting people" led me to think you may have a larger vehicle than a car. As it is I would have thought that you would not want to register for VAT and, therefore, you would have no need to bother with "vat invoices" since they are just "invoices"
    The only thing that is constant is change.
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    Suarez wrote: »
    What colour is the vehicle?

    Bite YOUR lip
    The only thing that is constant is change.
  • Suarez
    Suarez Posts: 970 Forumite
    I only asked as I know you can get tax relief on green cars.
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