What would Colin say?[QQ] The bridge saga drags on … Didn’t any of you notice that the photo on letters page 15, 20 July, is of the wrong bridge!
The one shown as an artist’s impression is still in the course of construction (it’s the one beside Hungerford Bridge).
No doubt Colin would have something to say about that …
Christopher Birrell, London
Getting your point across
Your correspondent in the letter ‘Revenue is so arrogant’ (letters, page 19, 13 July) makes a very important point, and one which we have been explaining to clients for some time.
But there is a further implication only hinted at in that letter: does IR35 not become a legislation that forces companies to trade insolvently, which is itself an offence? How can a law be constructed which forces directors to act illegally, or recklessly? Does EU law not also act against that principle?
Lessons in real life
Obtaining reliable accounting records, particularly for sole traders and partnerships, remains a perennial issue.
The client tends to work long hours, is inexperienced in bookkeeping and cannot afford bureau services.
He loses – or mislays – bank statements, cheque books, and invoices.
He does not record cash transactions. He does not take stock. He often pays on account and it is difficult to keep a check of his balance.
The Inland Revenue may take the view that this is not acceptable. However, this is quite often the type of situation that faces us.
Is it too much to expect the Revenue to adopt a realistic view? Given the combined basic rate and Class 4 National Insurance, quite often the difference in the tax bill arising from the net profit shown by accounts and that which would result from a very detailed recording of transactions, would be minimal.
Harold James, Weston-super-Mare
Why bother to learn about the railways when you have the web?
I had to laugh at Sir Peter Kemp’s article (opinion, page 18, 13 July).
Virtually no dot.com is technology based for the simple reason that most investors do not understand technology, and BT has a stranglehold on the infrastructure in the UK.
Look at the TV series giving away a million to e-business – no technology here.
Amazon.com sells books, no? And if it’s a young man’s game with no room for received baggage, of what use are the lessons of history of the railways?(Kemp selection).
Ageist tosh, Sir Peter.
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