Contractor Accountant West Yorks - know a good one???
Contractor Accountant West Yorks - know a good one???
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Discussion

AdamMitch69

Original Poster:

780 posts

204 months

Monday 25th October 2010
quotequote all
Morning guys,

If any contractors out there know a decent accountant based round West Yorkshire please shout up. I need a new one for this years trading. Looking for about 85% take home.

regards
Adam

bigandclever

14,215 posts

261 months

Monday 25th October 2010
quotequote all
Well, the obvious one would be Darren Upton in Wakefield, but without naming and shaming(oops!) have a read of this first and make your own mind up... http://www.fsa.gov.uk/pages/library/communication/... This story supposedly doesn't affect the accountancy business - although for me it does, because he's scheduled to pay the FSA £10k a month for the next 7 years, and he owes me a lot of money from the scheme.

Having said that, the practice itself is pretty good, and Darren is a regular contributor on ContractorUK and does specialise in contractor type accounts.

I would question why location is particularly important though... most, if not all, relevent work can be done by email and telephone, there are (in my experience anyway) very few things that require a face to face.

You might also get more opinions on this in the Finance or Business sections wink


bigandclever

14,215 posts

261 months

Monday 25th October 2010
quotequote all
And another thing - 85% take home is a very 'aggressive' target. The only ways I think you can achieve this is either by shoving everything you take into pension, or by having about 50% of the income going on expenses. Of course, the more you earn the harder it is to get the necessary expenses; so, it's easier to hit 85% if your rate is really low - which is kind of counter-productive, no? I would also expect HMRC to see a bloody great "LOOK AT ME" sign on your tax profile if you got anywhere like 85% smile

However, YMMV, IANAA, etc....

Eviltad

1,320 posts

202 months

Monday 25th October 2010
quotequote all
Why limit it to West Yorks Adam?

I potentially need a new one so keen to hear about any recomendations.

AdamMitch69

Original Poster:

780 posts

204 months

Monday 25th October 2010
quotequote all
no particular reason on geographic, want someone that is recommended as there are a lot of fancy accountant websites where the companies are run by muppets, and if they are local then all the better.

80-85% is an achievable target on £80k year earnings, a creative accountant should get the tax-able profit down a lot and stick most through expenses, pensions, salary etc

Adam

bigandclever

14,215 posts

261 months

Monday 25th October 2010
quotequote all
AdamMitch69 said:
creative
Good word wink

AdamMitch69

Original Poster:

780 posts

204 months

Monday 25th October 2010
quotequote all
bigandclever said:
AdamMitch69 said:
creative
Good word wink
I thought so!

I have to pay £425 road tax - I think I'm due an attempt at getting all I can back from this government

anonymous-user

77 months

Monday 25th October 2010
quotequote all
Ewan McLean at Euraaudit UK in Shipley

JP recommends him and, as JP has been through a lot of accountants in finding him, the recommendation isn't made lightly.

AdamMitch69

Original Poster:

780 posts

204 months

Tuesday 26th October 2010
quotequote all
JPJPJP said:
Ewan McLean at Euraaudit UK in Shipley

JP recommends him and, as JP has been through a lot of accountants in finding him, the recommendation isn't made lightly.
I'll get in touch and see what they can do. Cheers

Eviltad

1,320 posts

202 months

Tuesday 26th October 2010
quotequote all
Keep us informed of how you get on with Euraaudit and I might give them a ring next week about my situation.

AdamMitch69

Original Poster:

780 posts

204 months

Wednesday 17th November 2010
quotequote all
Eviltad said:
Keep us informed of how you get on with Euraaudit and I might give them a ring next week about my situation.
did you get in touch with them???
I haven't had time to do it yet

Eviltad

1,320 posts

202 months

Thursday 18th November 2010
quotequote all
AdamMitch69 said:
Eviltad said:
Keep us informed of how you get on with Euraaudit and I might give them a ring next week about my situation.
did you get in touch with them???
I haven't had time to do it yet
Nope, went with my regular guy again this time.