Friday, January 22, 2021

Tax advice for fisherman in 2021

Following Brexit an accountant approached one his clients who was a fisherman.

I can see you floundering as things are being scaled back. I've been herring rumours you may be taking advice from salmon else. What's the reel fishue? 

I know a fintastic plaice to start. Let's close your company down and set you up as a sole trader. I could shoal you why this could be cod for you. It sardinely an op-perch-tuna-ty worth considering.

Notfishstanding the net benefits we don't want HMRC to sea you doing anything fishy. 

Why don't you mullet over. 

I'm here all week....

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