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August 2005 newsletter | ||||
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DUCKETT t: 01432 370 572 | ||||||||||||||||||
Compliance visit special. Given our impending visit, Iāve produced a particularly exciting version of the newsletter giving our usual coverage of all things good, great and compliant in the world of accountancy. Forthcoming events It's August and its raining, so, as you will have guessed, Mr David Lloyd is on holiday in West Wales. Given his usual enthusiasm for all things related to accountancy, I understand that he is working on a seminar for September entitled "Deferred tax - full or partial provision; the international implications". This promises to be a particularly riveting seminar and is of outstanding relevance to businesses in Hereford. Book of the month I find the Members' Handbook a "must read". However, given the holiday season, you might prefer "Stalin: The Court of the Red Tsar" by Simon Sebag Montefiore. It has been suggested that there are some similarities between Stalin's management technique and that recommended in The Handbook. Compare and contrast, anybody? Equal opportunity employer Naturally, we operate a strict policy of equal opportunity employment. However, some clients have (somewhat jealously) commented that there is a high proportion of tall, slim, attractive, dynamic females on the team at Chris Duckett Ltd. I can assure you that by applying Fourier Theorem to the firm's audit sampling procedures, I can prove that this is, in fact, a statistical quirk. The chances of short, fat, sweaty, bald blokes getting a job are absolutely equal (to what?- Ed). Furthermore, we are in the process of harmonising our standards with those in California. A recent ruling there indicated that if the boss had an affair with any one employee, then he should have an affair with all employees to prevent discrimination. My advice is therefore that, before throwing caution to the wind, you should think very carefully about what you could be letting yourself in for. On the other hand, this could be the best £50k you ever spent? Tax credits There has been a lot of criticism of the Tax Credit system in the press of late. I thought the comments from Taxation magazine suggesting that the Ombudsman's report was "the most damning condemnation of a Government department and its workings I have ever seen" was particularly harsh. After all, the nice people at the Revenue are just trying to do their best and the Chancellor had the most philanthropic intentions when he dreamed up the (whole sorry mess of a) system. 75 year anniversary Our glorious Institute was 125 years old in May and still going strong. There is no truth in the rumour that the average age of members is also 125 and that plans to merge with the Chartered Institute of Plumbers are at an advanced stage. www.belledejour-uk.blogspot.com Fellow shredders For reasons best known to themselves, the purchasing department has recently put in a bulk order for shredders. It is understood that these machines will be available for resale from 24th August onwards. Nearly new, but well used. Sale price will be £97.50+VAT for standard machines and £57.50+VAT for the (much more heavily used) executive models. Disclaimer Whilst we always give compliant advice, if, on the odd occasion we accidentally express an opinion, we hereby disclaim all responsibility to everybody. Whatever goes wrong, its nothing to do with us. You're on your own, mate. DUCKETT | 01432 370 572 | contact us
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