how can i become an accountant?
i have no qualifications or previous experience am a mother of three and really want to be an accountant
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Go to college, major in accounting, take the CPA exam and pass.
Answer 2 :
apply to a 4-year school and major in accounting. If you have to ask the colleges you are intersted in if they have night school.
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Friday, September 28, 2012
Friday, September 14, 2012
ive just become self employed- i know i can claim expenses for an accountant but i do i pay them..??
ive just become self employed- i know i can claim expenses for an accountant but i do i pay them..??
and keep the receipt and claim back at a later date or do i just sign something to waver the fees???????? why foxychick?
United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
they won't waive their fee. You pay as usual, keep the receipt or cancelled check and claim it on your taxes.
Answer 2 :
You have to pay them, they still expect their fee Its revenue you'll be claiming back from & you wouldnt be gettin the whole lot back either.
Answer 3 :
You can claim your accountant's fee on your expenses on your Tax Return. The financial benefit to you will be at your top rate of tax. If you pay 22%, you benefit by £22 for every £100 you pay your accountant, if 40%, you benefit at £40 for every £100 charged. You do not get all your fees back. Keep your receipt in case HMRC ask for your papers/accounts. You won't benefit by a lump sum, or get the fee paid for you, your tax bill will be reduced.
Answer 4 :
Try buying an up to date book or CD -Rom on tax practices. Accountants have a bad habit habit of letting bills accumulate and one year runs into another. Better if you read a bit before committing yourself to an unknown. Try the Internet. Post a Question to the experts. It will cost little but get a printout.
Answer 5 :
In order to claim any expensives you should have actually paid or acrued them first. Any cost you incur to operate your as business can potentially be considered as expenses. You don't "claim back" expenses as such, they still have to be paid out, but can offset them against your income so you'll pay less tax. The tax benefit is you won't be liable for tax on that amount of your earnings. If you engage an accountant they will expect to be paid for their services and the fees will be a business expense. If you don't pay an accountant you can't (legally) claim accountancy as an expense.
Read more other entries :
and keep the receipt and claim back at a later date or do i just sign something to waver the fees???????? why foxychick?
United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
they won't waive their fee. You pay as usual, keep the receipt or cancelled check and claim it on your taxes.
Answer 2 :
You have to pay them, they still expect their fee Its revenue you'll be claiming back from & you wouldnt be gettin the whole lot back either.
Answer 3 :
You can claim your accountant's fee on your expenses on your Tax Return. The financial benefit to you will be at your top rate of tax. If you pay 22%, you benefit by £22 for every £100 you pay your accountant, if 40%, you benefit at £40 for every £100 charged. You do not get all your fees back. Keep your receipt in case HMRC ask for your papers/accounts. You won't benefit by a lump sum, or get the fee paid for you, your tax bill will be reduced.
Answer 4 :
Try buying an up to date book or CD -Rom on tax practices. Accountants have a bad habit habit of letting bills accumulate and one year runs into another. Better if you read a bit before committing yourself to an unknown. Try the Internet. Post a Question to the experts. It will cost little but get a printout.
Answer 5 :
In order to claim any expensives you should have actually paid or acrued them first. Any cost you incur to operate your as business can potentially be considered as expenses. You don't "claim back" expenses as such, they still have to be paid out, but can offset them against your income so you'll pay less tax. The tax benefit is you won't be liable for tax on that amount of your earnings. If you engage an accountant they will expect to be paid for their services and the fees will be a business expense. If you don't pay an accountant you can't (legally) claim accountancy as an expense.
Read more other entries :
Friday, September 7, 2012
Part qualified accountant, but cant find a job?!!! am i the only one?!!?
Part qualified accountant, but cant find a job?!!! am i the only one?!!?
I am a Part qualified accountant student(ACCA). But I havent been able to find a job in my field of work, because i have not got any uk experience. I have work as a trainee accounts clerk back in my home country(i have got references) but its does not seem to help much.
Higher Education (University +) - 9 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i am not Advice for you! Question aways comes first, then you type a small comment without putting a question at the end of it! You get better results!
Answer 2 :
part qualified means only part trusted
Answer 3 :
Come over to Ireland. We can't get staff!
Answer 4 :
I am an accountant, always have a job. You should come to the US :)
Answer 5 :
would you let a part-qualified brain surgeon operate on you ? The very first 2 words tell me you're not finished learning yet...I'd leave alone and move onto the next applicant. Constructively speaking, perhaps you could re-think and present yourself rather than immedaitely set the scene that you are not ready for the role
Answer 6 :
Look for a lower grade job. Loads of places look for people who have or are studying toward AAT. Your experience abroad won't count for much as it's difficult to assess and verify what you've been doing. There are lost of accountants qualifying every year (me too soon!) so experience is key.
Answer 7 :
I live and work in the North East - we have often taken part qualified staff (most of them studying for their AAT exams). Can I suggest you register with agencies and do some temp' work? Two of our staff gained their experience that way.
Answer 8 :
I'm qualified to Level 3 I worked in accounts for a small business and did everything except the wages! Why don't you go back to college and finish studying or do the next level if that's what you are interested in. Most people will employ you if you have working knowledge, are competent, willing to learn and show an understanding in the job. It just depends what wages you are hoping to earn. Don't expect too much until you have proved yourself. You can always get your qualifications on an evening course.
Answer 9 :
small company will hire you. Question of finding one.
Read more other entries :
I am a Part qualified accountant student(ACCA). But I havent been able to find a job in my field of work, because i have not got any uk experience. I have work as a trainee accounts clerk back in my home country(i have got references) but its does not seem to help much.
Higher Education (University +) - 9 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
i am not Advice for you! Question aways comes first, then you type a small comment without putting a question at the end of it! You get better results!
Answer 2 :
part qualified means only part trusted
Answer 3 :
Come over to Ireland. We can't get staff!
Answer 4 :
I am an accountant, always have a job. You should come to the US :)
Answer 5 :
would you let a part-qualified brain surgeon operate on you ? The very first 2 words tell me you're not finished learning yet...I'd leave alone and move onto the next applicant. Constructively speaking, perhaps you could re-think and present yourself rather than immedaitely set the scene that you are not ready for the role
Answer 6 :
Look for a lower grade job. Loads of places look for people who have or are studying toward AAT. Your experience abroad won't count for much as it's difficult to assess and verify what you've been doing. There are lost of accountants qualifying every year (me too soon!) so experience is key.
Answer 7 :
I live and work in the North East - we have often taken part qualified staff (most of them studying for their AAT exams). Can I suggest you register with agencies and do some temp' work? Two of our staff gained their experience that way.
Answer 8 :
I'm qualified to Level 3 I worked in accounts for a small business and did everything except the wages! Why don't you go back to college and finish studying or do the next level if that's what you are interested in. Most people will employ you if you have working knowledge, are competent, willing to learn and show an understanding in the job. It just depends what wages you are hoping to earn. Don't expect too much until you have proved yourself. You can always get your qualifications on an evening course.
Answer 9 :
small company will hire you. Question of finding one.
Read more other entries :
Saturday, September 1, 2012
I want to be an accountant?
I want to be an accountant?
i want to be an accountant but the job centre is not helping that much. I am willing to take up unpaid work just but don't know how to go about it.
United Kingdom - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
College or University to get quallified or beg for a job with an accountant who offers training.
Answer 2 :
It's a long hard slog getting qualified (5 years). Start by looking at the ICAEW or ACCA websites.
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i want to be an accountant but the job centre is not helping that much. I am willing to take up unpaid work just but don't know how to go about it.
United Kingdom - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
College or University to get quallified or beg for a job with an accountant who offers training.
Answer 2 :
It's a long hard slog getting qualified (5 years). Start by looking at the ICAEW or ACCA websites.
Read more other entries :
Tuesday, August 28, 2012
Do I need an accountant?
Do I need an accountant?
I am a sole trader, but mainly need someone to help me sort out budgeting and paying back debts. End of year accounts I can do myself-particuarly with online self assesment. Am I wasting time and money going to an accountant?
United Kingdom - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You are better with an accountant,when dealing with tax man and VAT man ,if you are registered for VAT, at the end of each financial year. The signature of a registered accountant makes all the difference and in my view worth every penny.
Answer 2 :
Talk to a tax advisor at least, if not an accountant, to get some advice about your returns. With regard to the budgeting and creditors/debts, they can set up your records so that you can track due payment dates and lodgements etc to see what's coming up and how the funds are. I find you really have to do most of the legwork yourself - I draw up a creditor list at the start of each week for the month ahead, and a payment plan. It usually works well, but it does need tending to - otherwise the bills can pile up before you know where you are. Good luck!
Answer 3 :
There are accountants that deal with small firms. I had one when I was a driving instructor working for myself and found him well worth the small fee he charged
Answer 4 :
yes, an accountant will save you money, (more than they charge you. works out 3/1 in your favour).....Just do it, it's well worth it.....I am speaking from experince......I was self-employed for 8 years.....never paid a 1p in tax......down to my accountant.
Answer 5 :
I would say it would be worth paying one on a one off basis just to go over things, they may be able to help you save some money or give advise about changes.
Answer 6 :
Presuming paying back debts are amounts owed by your customers, you would not necessarily require an accountant. A competent bookkeeper would be able to help you sort out budgets and chase your bad debts. However, using an accountant can often save money in the long run. You could write up your own books, produce a profit and loss account and balance sheet and ask an accountant to review these. An accountant should do more than check your records. Accountants keep up with government legislation, and can often save you money when there are various options on how to treat certain transactions. Accountants can very often save you tax. They will give you advise on whether to lease, buy via a loan or hire purchase, when this arises. They would provide information to mortgage suppliers. Banks and mortgage suppliers would often require a third party to verify your profits. Accountants would also advise you on what you can and cannot claim. These are just a few services an accountant can provide. The list is endless. Why not visit two or three accountants, and find out what they can do for you. Most accountants will not charge for an initial meeting.
Answer 7 :
You do not have choice. An accountant is a must he has been trained he has the knowledge he greets you nicely at the first visit, free of charge, he'll save time and tax money but once you're on his book....beware, all the gain you get is his reward.
Answer 8 :
Beware, if you want an accountant to deal with the Revenue that is for Self Assessment, VAT, PAYE, first you must complete a form 64-8 which authorises that accountant to discuss your tax affairs with the Revenue under the Data Protection Act, otherwise the Revenue should not discuss your tax affairs with anybody but you. That means your wife/partner can not discuss your tax affairs. Once you give the Revenue that authority they will discuss your tax affairs with the accountant, particulary if you nominate all post etc to go to your accountant first. HOWEVER, it is you that remain the responsible person. You CANNOT blame your accountant if tax returns are submitted late and you receive penalties, it remains your responsibility to ensure your accountant does the correct thing at the correct time. There are accountants out there that do not, and then leave you holding the baby as there is no come back on them.
Read more other entries :
I am a sole trader, but mainly need someone to help me sort out budgeting and paying back debts. End of year accounts I can do myself-particuarly with online self assesment. Am I wasting time and money going to an accountant?
United Kingdom - 8 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
You are better with an accountant,when dealing with tax man and VAT man ,if you are registered for VAT, at the end of each financial year. The signature of a registered accountant makes all the difference and in my view worth every penny.
Answer 2 :
Talk to a tax advisor at least, if not an accountant, to get some advice about your returns. With regard to the budgeting and creditors/debts, they can set up your records so that you can track due payment dates and lodgements etc to see what's coming up and how the funds are. I find you really have to do most of the legwork yourself - I draw up a creditor list at the start of each week for the month ahead, and a payment plan. It usually works well, but it does need tending to - otherwise the bills can pile up before you know where you are. Good luck!
Answer 3 :
There are accountants that deal with small firms. I had one when I was a driving instructor working for myself and found him well worth the small fee he charged
Answer 4 :
yes, an accountant will save you money, (more than they charge you. works out 3/1 in your favour).....Just do it, it's well worth it.....I am speaking from experince......I was self-employed for 8 years.....never paid a 1p in tax......down to my accountant.
Answer 5 :
I would say it would be worth paying one on a one off basis just to go over things, they may be able to help you save some money or give advise about changes.
Answer 6 :
Presuming paying back debts are amounts owed by your customers, you would not necessarily require an accountant. A competent bookkeeper would be able to help you sort out budgets and chase your bad debts. However, using an accountant can often save money in the long run. You could write up your own books, produce a profit and loss account and balance sheet and ask an accountant to review these. An accountant should do more than check your records. Accountants keep up with government legislation, and can often save you money when there are various options on how to treat certain transactions. Accountants can very often save you tax. They will give you advise on whether to lease, buy via a loan or hire purchase, when this arises. They would provide information to mortgage suppliers. Banks and mortgage suppliers would often require a third party to verify your profits. Accountants would also advise you on what you can and cannot claim. These are just a few services an accountant can provide. The list is endless. Why not visit two or three accountants, and find out what they can do for you. Most accountants will not charge for an initial meeting.
Answer 7 :
You do not have choice. An accountant is a must he has been trained he has the knowledge he greets you nicely at the first visit, free of charge, he'll save time and tax money but once you're on his book....beware, all the gain you get is his reward.
Answer 8 :
Beware, if you want an accountant to deal with the Revenue that is for Self Assessment, VAT, PAYE, first you must complete a form 64-8 which authorises that accountant to discuss your tax affairs with the Revenue under the Data Protection Act, otherwise the Revenue should not discuss your tax affairs with anybody but you. That means your wife/partner can not discuss your tax affairs. Once you give the Revenue that authority they will discuss your tax affairs with the accountant, particulary if you nominate all post etc to go to your accountant first. HOWEVER, it is you that remain the responsible person. You CANNOT blame your accountant if tax returns are submitted late and you receive penalties, it remains your responsibility to ensure your accountant does the correct thing at the correct time. There are accountants out there that do not, and then leave you holding the baby as there is no come back on them.
Read more other entries :
Tuesday, August 14, 2012
Hi, I'm currently 40 years old, single, no children, female, full-time navy stores accountant, I have tried to?
Hi, I'm currently 40 years old, single, no children, female, full-time navy stores accountant, I have tried to?
Hi, I'm currently 40 years old, single, no children, female, full-time navy stores accountant, I have tried to transfer but there is no requirements for suppliers. I have 2 properties, what would you suggest for me to do in order to get immigration to either australia/new zealand, or canada. What are the upper age limits?
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I am pretty sure that your age would be no hindrance at all, you still have 20-25 years available in the workplace to contribute to their economy. You have no ties family wise, have a good profession and your finances are likely to be better than most migrants. To be honest i would have thought that you would be the sort of migrant any of these countries would welcome with open arms as you would almost certainly be a contributor to their economy and not a drain on it and a valued member of their society Your biggest problem may be which to choose from!
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Hi, I'm currently 40 years old, single, no children, female, full-time navy stores accountant, I have tried to transfer but there is no requirements for suppliers. I have 2 properties, what would you suggest for me to do in order to get immigration to either australia/new zealand, or canada. What are the upper age limits?
Corporations - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I am pretty sure that your age would be no hindrance at all, you still have 20-25 years available in the workplace to contribute to their economy. You have no ties family wise, have a good profession and your finances are likely to be better than most migrants. To be honest i would have thought that you would be the sort of migrant any of these countries would welcome with open arms as you would almost certainly be a contributor to their economy and not a drain on it and a valued member of their society Your biggest problem may be which to choose from!
Read more other entries :
Tuesday, August 7, 2012
how much commission paid to recruitment agent from employer, for a post like accountant or actuary?
how much commission paid to recruitment agent from employer, for a post like accountant or actuary?
Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They recruitment agency is usually paid an percentage of the salary taken up.
Answer 2 :
20%
Answer 3 :
Agencies generally take a % of the final agreed salary for the successful candidate - this figure is normally between 15 - 20% dependent on which agency.
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Careers & Employment - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
They recruitment agency is usually paid an percentage of the salary taken up.
Answer 2 :
20%
Answer 3 :
Agencies generally take a % of the final agreed salary for the successful candidate - this figure is normally between 15 - 20% dependent on which agency.
Read more other entries :
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