‘Unqualified’ tax experts hired by IT contractors
Advisers being ‘sold’ to contractors
Advisers being ‘sold’ to contractors
Fears of the implications of controversial tax ruling IR35 has seen many IT
contractors hiring unqualified so-called tax experts to advise them on offering
payroll, invoice, accountancy and tax matters, according to SJD Accountancy.
Tge firm’s managing director, Simon Dolan, said newcomers to contracting were
being hurried by the fear of being caught with no ‘solutions provider’ in the
event of an IR35 investigation.
But, according to Dolan, many of these advisers are not qualified to give
advice.
‘Many companies now advertising as ‘tax experts’ are unqualified,’ Simon
Dolan told Contractor UK.
’The person an IT contractor is likely to end up speaking to will be a
salesman, whose sole job is to sell services of the company, and not the correct
solution for that individual’s particular circumstances,’ he said.
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article