Wednesday, November 28, 2012

If you won the Lottery what would be the very first thing you would do?

If you won the Lottery what would be the very first thing you would do?
Everyone is hyped up about the Lottery and talk about what they would spend the money on. The winners do not receive the funds straight away. My question is relating to the time between jumping around the room to making your way to claim your winnings. I believe that I wouldsit down and plan what I would be spending the sum on. I then would be on the Internet looking up an Accountant and holidays away.
Gambling - 30 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The first thing I would do would be to donate half to the pro-life movement. Then I would hire someone to come do my hair every morning.
Answer 2 :
I'd be looking around for a good house with a nice big back garden so that my daughter would have a safe area to play when she wants to go outside and of course we'd have to get the promised pet dog or 2! That's my biggest dream.
Answer 3 :
I would plan a big party and ake my fiends out shopping. I would buy a new house and pay someone to do the work on mine that has needed doing for 2 years!!
Answer 4 :
Write down everything that i want out of life and who i would help out.. then pay off my debts.. holiday and move house
Answer 5 :
Hire a financial adviser.
Answer 6 :
Work out what to do with the money. I'd like to clear my debts, keep enough so that I wouldn't "need" to work anymore - then look at helping family and friends, then look to give some to charities and/or community groups.
Answer 7 :
Until i got my hand on the cheque i would not do a thing as I'm one of these who does not believe things until i have the evidence right there in front of me !.
Answer 8 :
Assuming you mean the jackpot, and not the ten quid I won last week - walk out of this job never work for anyone else ever again.
Answer 9 :
i'd buy boyfriend a ticket to one side of the world then fly to the other side.
Answer 10 :
tell my boss to stick his job where the sun don't shine.
Answer 11 :
Have a (very) large gin and tonic... just to get over the shock!
Answer 12 :
Maybe go to work, declare wealth, then 'rub it in' a bit, and a bit more, and then say stuff your job and kiss my a s s ! Just a thought... I'd go to the travel agency, collect brochures, pick a nice place to go to once funds have cleared, go on holiday and discuss with my hubby what we are going to do with the money - invest it of course to give my baby the best life I can give. Also make sure our families never need to worry about money either.
Answer 13 :
I WOULD BUY MY MUM AND DADS HEADSTONE FOR THE GRAVE
Answer 14 :
I know this is sad but as I work for quite a technical field in the NHS I would work my notice and make sure that I did a good job before I left. I'd still do the things like plan on giving out the money, holidays, new car, house, etc. You got the rest of your life to spend the money and enjoy life - I wouldn't worry about the next 3 or 4 weeks of my life working if I'm never going to do it again!!
Answer 15 :
After jumping around the room, then I would start to plan for the future. I'd hire a financial advisor and commence to looking for a nice house with lots of yard space. Then I'd have to hook my family members up and give God his ten percent.
Answer 16 :
i'd buy a big house and get a pool and get a good car for starters. then i'd put the restin the bank to gain interest and get rich fast
Answer 17 :
I'd bulldoze milton Keynes and build a temple!!
Answer 18 :
I would split it six ways between me, my four children and the love of my life. With my share I would buy a house very close to where I am now, pay all my debts and live much the same as I do now. I cannot drive so I would not get a car.
Answer 19 :
I would try my very best and give my all to not change anything. Obviously it will change your attitude to fear regarding money issues, whether its for the better or not. If I can keep myself from not doing anything substantial with it when it is released to me for a period of time, there is a bigger chance I'll end up with some left in a couple of years.
Answer 20 :
Go to work as normal and not crack on. I would work for @6 months and then pretend to get a new job on much better money or start a business as a front. That way you could continue enjoying life, without the hassle of begging letters and hangers on. You could still lavish gifts on friends and family, but how and when you want to.
Answer 21 :
change my phone number..
Answer 22 :
First I would hire the best Financial Advisor I could find then I would sleep the best sleep of my life.
Answer 23 :
Plan for the future - I will finally have to decide which ocean my island will be in ....
Answer 24 :
first thing I would do is get rid of my husband and find a new one .
Answer 25 :
id check the numbers again and again and may be just again, then id get a friend to check them then id piss off every1 at work and walkout then come back in my brand news sports car clock in and piss them off again and walk out for good
Answer 26 :
Book tickets to Europe and ask for a leave of absence from work just in case.
Answer 27 :
Thank ya, Jesus!!!!!!! then, I'd live like there's no tomorrow...amen.
Answer 28 :
I'd get my kids together,and we'd sit down and start thinking of some good Investments. We'd look for an Accountant, and a Lawyer who can manage this type of money,and come to an agreement,as to what type of Business to open. It would be more into something like "Eating and Drinking",because people will always have to eat and drink. A Clothing Boutique, Music-Video,or Auto Supply store are good investments too!. Then once the palimenaries and paperwork are in order,we'd take a Vacation for about a week,to just celebrate the blessings.
Answer 29 :
Try not to lose the winning ticket!
Answer 30 :
NAA I WOULD TELL MY BOSS THAT WE ARE HIRIN SOME1, WITH EXPERICECE, THEN PUMP SO MUCH MONEY INTO THE BISNESS, SO THE NEXT DOOR PRICK CAN GO BANKRUPT, THEN GO BUT EVERY THING JULIAN N Q HAS TO SHOT N BUT LOTS OF COKE!"

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Wednesday, November 14, 2012

How to find a good accountant for a very small business?

How to find a good accountant for a very small business?
I've recently gone self-employed and need to find an accountant to help me as i'm hopeless with book-keeping and wouldn't have a clue about doing a tax return. I know if i go to a large accountancy company, they'll charge me a fortune. How would i go about finding someone who knows what they are doing, is up to date with all the things i can claim for, and who isn't going to charge me an arm and a leg? Is it really just word of mouth? Is there anything else i should know? I'm completely new to this, thanks.
Small Business - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
1) Ask friends, family or other who are self-employed. 2) Look on Craigslist. Many independent bookkeepers post ads under "Services - Financial". 3) Google your city + bookkeeper and see what you find.
Answer 2 :
You should also try contacting e.g. the accounting society or SIFE team at a local university. I know when I was at university, I was involved with a society that worked one to one with people who are self-employed and local businesses to improve their bookkeeping skills. The students are desperately trying to build up work experience and will do everything for free.
Answer 3 :
I was self employed all my life and had a good accountant and it's important to have one if you're a fairly large business but if it's only a cottage industry then the inland revenue will help you do your accounts.It's not difficult.Basically it's the difference between the money you bank,( your gross profit )and the cost to you of the product you sell, that you are taxed on, after all costs and depreciation are removed .It's this net profit that you're taxed on
Answer 4 :
Look locally. You just need a small firm not a large company. They should show you how to do your books and will do your tax return at the end of the year. That is what I did for many years in business. UK
Answer 5 :
Look for an accountant referral that supports your business. Most accountants end up specializing and developing a reputation for knowledge of certain industries. For example, if you own a convenience store, look for a business accountant that knows your sector. Talk to people in your business field and find out if theres any particular company that specialises in your area. This can be the best first step in choosing an accountant for a small business.

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Wednesday, November 7, 2012

I had asked a charterd accountant to do?

I had asked a charterd accountant to do?
I had asked a charter accountant to do 2005 2006 accounts and she had done just 2004 income and no expenditure. Also she had sent it in without my knowledge and then sent me a £900 bill then had dropped it down to £450. I had by chance found the work was sent in by asking for cop pies of Correspondence from the tax man. But the inland revenue will not send all correspondence for some reason. ie "who had asked her for 2004 paper work"? Also 2005 2006 income was recorded but no expenditure. So I feel the tax man had been managing this with out my knoll age. Can any one add vise. How do I get all coppies off correspondence off the revenue service?? and not just what they want to send me.
Other - Taxes - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i would guess by law and under data protection if they are your copies then you have the right to view them, most companies charge £10 for info held about you, not sure about inland rev though.
Answer 2 :
Hello, go direct to the tax offices, ask for an appointment, then take all the relevant data with you, and do it on a oneto one basis. That is the only solution to you problem. When it is settled try to sue the accountant. I was in that situation and came through it.

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Thursday, November 1, 2012

I WANT TO BE AN ACCOUNTANT.. ADVICE PLEASE?

I WANT TO BE AN ACCOUNTANT.. ADVICE PLEASE?
Okay so.. I was a typical teenager in school, messed about in lessons, hung round with the guys. I didnt realise how important school was until I left. My GCSEs were what woke me up. I got english language, english literature, art and design = C and I got a B in media. then maths french geography and science I got E. I went to college thinking i'd learn to pursue a career in journalism but soon found that it wasnt for me. I left and got a job as a receptionist, but it was only a temporary position. My mum works in finance and I was really interested in her CAT book that she studied a few years back. So I signed up with BPP and im studying CAT Level 1, Paper 1. Im finding it so interesting and my mum thinks I have a great understanding of it, she was suprised. I'd love to pursue a career in finance, hopeing to one day be an accountant or be high up in the finance business. Im studying CAT and when I pass all those exams (I will make sure I do, no matter how many times I try) I go on to study ACCA's? My mums friend done all this in a couple of years.. and they are in their 40's. If I started this now, hopefully I can make up for the time I wasted in school - because I actually know what I want to do in life. So whilst im sending out my CV and applying for banks, im going to study this in my own time. Is there any information you could tell me? Any advice? Thank you very much :)
Other - Careers & Employment - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i think all you nid in accountant is be good at math
Answer 2 :
My advice is not to do it. Who would want to be an accountant? I am studying to be a journalist and I LOVE IT! You should too!
Answer 3 :
Good for you for being able to determine what you really like to do and then having the guts to go after it! There are many types of accountants, and they do all sorts of different things. Some work primarily on taxes. Others are auditors -- they go into a company and make sure all the financial data is in good order and the company isn't trying to be sneaky. Some accountants work inside a company and help make financial decisions, keep track of accounts, and pay bills. And some accountants work for the government. You can do a Google search to find out what types of things accountants get involved in, or you can contact an accounting firm and tell them that you are interested in a career in accounting and ask if they have someone who could talk to you. Accountants also have organizations that like to have students join at a reduced rate -- that's a good way to make contacts and get to know people who may help you get a job later on when you have completed your schooling. And sometimes, they need interns to work while they are learning. I say go for it! Best wishes for great success. Susan Fleming
Answer 4 :
Good for you, go for it and good luck. To get that job and to help you in your studies I would definately say to try and get a job in the finance department or accountancy department. Maybe your mum could help you. Even some work experience would help or you could work as a Finance Assistant without an accountancy qualification and it really would help you study (I have friends who are at various stages with their ACA or ACCA or Management Accountancy qualifications). It is hard work but a good job, although competitive and you have to show that you are the best - the work experience, job shadowing or job in finance would really help you. Best of luck.

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