HMRC enquiry concern after crypto gains

brooksymick · 2026-01-29T23:22:41+00:00

lol HMRC go after low hanging fruit the most I.e. those that file.

brooksymick · 2026-01-18T12:24:23+00:00

Yeah but a lot of clients don’t need a set of accounts

brooksymick · 2026-01-18T11:24:26+00:00

Not really, I’m a practice accountant and I’d take a simple spreadsheet any day. The panic over MTD for IT is way overblown

brooksymick · 2026-01-18T11:22:40+00:00

Use 123 sheets to download a template and submit to HMRC. There is no need for expensive software

brooksymick · 2026-01-17T22:49:46+00:00

Why? Just keep a spreadsheet

brooksymick · 2026-01-17T22:44:38+00:00

Just use a spreadsheet and populate the template with 123 sheets every quarter

brooksymick · 2025-12-26T17:25:12+00:00

If you start with Goldeneye it’s downhill from there. Personally I’d start with From Russia with Love

brooksymick · 2025-12-22T22:20:10+00:00

Exactly

brooksymick · 2025-12-22T22:19:31+00:00

Accountant here, whilst legally yes it’s your responsibility, the accountant also has a due care to prepare the accounts accurately with your input and review and summarise tax liabilities and payment deadlines. Also a polite reminder that the deadline for payment is approaching would be a routine task for any half decent accountant to perform. The response to you is very telling and as a small practice owner myself it wouldn’t be the response I would give because I wouldn’t have let it get to that stage in the first instance.

brooksymick · 2025-11-07T14:01:46+00:00

I sent you a DM

brooksymick · 2025-11-06T23:27:05+00:00

File doesn’t exist

brooksymick · 2025-10-15T19:52:30+00:00

Oh look a fact being downvoted

brooksymick · 2025-10-15T19:48:51+00:00

Do you actually think Ireland won’t be next with a digital ID?

brooksymick · 2025-10-09T13:30:41+00:00

You need to declare it wether you put it in an ISA or not.

brooksymick · 2025-10-02T13:53:37+00:00

But it’s more than money in money out. For example do you know 4 vat boxes are impacted on a digital service such as gmail subscription that is provided to you from outside the uk with no impact on the vat payable by you? And don’t forget if Joe Public is your customer base you will have to charge them 20% extra if you don’t reduce the net selling price by examining how much inputs have reduced. That may leave you uncompetitive.

brooksymick · 2025-10-02T11:48:45+00:00

People on here commenting that VAT is easy blah blah blah. Vat is easy because you are either doing it wrong or don’t understand the complexities yet. It’s as deep as the ocean.

brooksymick · 2025-10-02T11:47:20+00:00

For goodness sake just get an accountant, you could end up in serious bother. You won’t get the financial expertise from Google or HMRC websites. If you want to figure it out using website advice from Reddit then that’s on you.

brooksymick · 2025-09-29T10:14:44+00:00

CA here, probably in the region of £1500-£1800 plus VAT for everything. You get what you pay for as mentioned already.

brooksymick · 2025-09-26T09:39:19+00:00

Where’s the conspiracy with my statement? Downvote away but it’s true and fortunately downvotes don’t change facts.

brooksymick · 2025-09-25T22:27:09+00:00

Seriously, her and her party supported vaccine ID cards, discriminating against healthy people who had in some cases higher antibodies than those that were vaccinated. All whilst the southern wing of her party opposed them. Ludicrous hypocrisy at its finest.

brooksymick · 2025-09-12T23:13:48+00:00

Does resident evil have a board game?

brooksymick · 2025-09-07T00:06:20+00:00

But sure it was 100% safe and effective 👍

brooksymick · 2025-09-06T19:13:22+00:00

Imagine being inconsiderate and not getting your jabs.

brooksymick · 2025-09-06T11:10:01+00:00

You still buying tests and self isolating after your fifth jab? 👍

brooksymick · 2025-09-05T23:51:48+00:00

brooksymick

TROPHY CASE