UK Is my accountant being fair ?

Joined
Oct 10, 2016
Messages
5
Reaction score
1
Country
United Kingdom
In 2016-2017 i purchased 2 properties through my Limited company, both cash so no mortgage repayments etc. I submitted my end of year accounts to my accountant, when i submitted them i stipulated that i wanted all the work done on the properties to be looked at as a repair expense rather than a capital expense wherever possible. He has now submitted my end of year accountants back to me for me to sign off, he has taken all of the work and purchase costs of the properties and added them onto the purchase cost of the properties, ie he has treated all as capital expense, i sent an e mail to him with questions and have had no reply, in his original letter he stated if any issues then make an appointment. I am gathering data to take with me when i get an appointment with him, i want to show him that he is not correct, in fact i think he has just been lazy and put everything as one capital expense.
I changed a bathroom and a kitchen, both same as what was there before as in amount of cupboards etc, i also upgrade consumer unit as was last tested 25 yrs ago and was old unit, only spent around £3500 so not bad as done most of the work myself apart from electrics. HMRC states changing kitchens and bathrooms is an allowable maintenance expense (see attached), is this generally deemed ok ?
When i bought my first property the year before, he told me i could offset the legal costs of purchasing the property on my second, 3rd etc purchased, not the first though, now he has not taken any of it into account.
Also, as part of new kitchen i put a new cooker, HMRC state this is acceptable and allowed to get 'domestic items relief'.
Do you think i am being fair or making too much of it ?, i have just asked him to look at reducing my tax bill as best as possible, i can't believe that nothing can be deducted and has to be capital expense
 

Attachments

kirby

VIP Member
Joined
May 12, 2011
Messages
2,452
Reaction score
334
Country
United States
You are clearly unhappy with this accountant. You are not being unfair. This person is not answering your direct questions. The questions are basic and do not need an "appointment." There are more accountants in the world. Get rid of this one, contact your associates to get a referral to another one.
 

Drmdcpa

VIP Member
Joined
Aug 2, 2017
Messages
499
Reaction score
42
Country
United States
There are only three things fair in life. That being said this is not an issue of being fair, it is an issue of having a good working relationship which it sounds like you do not have. Also sounds like neither party is innocent. He should be responsive to you; you should not be dictating how he complies with accountancy provisions. Questioning ok, dictating no. Would you instruct a surgeon on how to operate on you? My guess is yes.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,662
Messages
27,630
Members
21,463
Latest member
TonyL

Latest Threads

Top