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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