Tuesday, August 12, 2008

What matters most?

Not sure if this counts as funny or sad.

Last year Kevin Slevin shared with me his experience of the approach that many small firms of accountants adopt when seeking good tax advice:
STEP ONE Ask a number of providers what the advice will cost
STEP TWO Pick the cheapest provider
STEP THREE Hope the advice received is correct.
Sometimes it works!!

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Are some tax advisers paying more than they need to?

Some years ago on my first visit to Penrith, Cumbria, to present a talk to the local CIOT branch, I took a cab to the venue.  The driver ask...