Monday, February 09, 2015

Hugh's new client

The following story comes from long-time subscriber to my newsletters and blog posts, Hugh Dunlop.

Hugh is a practicing accountant who is close to retirement in Scotland. He tells of a self employed person who came to him a couple of years ago to file the SA100 tax return.
As it was the first year of the business and he had previously been employed under PAYE I was able to get him a tidy tax rebate. 
In 2014 I told him that he had made a profit just under the personal allowance and as a result he would have no tax to pay. The reply was 'Does that mean I won't get a tax rebate again?' I said that as he had not paid any tax he could not get one. 'OH. Does that mean I won't have to pay you?'
Some clients just don't get it do they?

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