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- 27 Jan 2014
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It's for tax reasons. It is expenditure (liability) as opposed to a capital assett (taxable) - probably just a breakdown in internal communications.
Secret finance woes!
- Thread starter Dis86
- Start date
It's for tax reasons. It is expenditure (liability) as opposed to a capital assett (taxable) - probably just a breakdown in internal communications.
Auditors don't check everything, far from it and if its below the materiality level they wont care (which this will be).
HMRC would care but again its probably below their materiality level for a company this size.
Make a note of with whom, time and date these discussions took place and keep them safe.
Strongly recommend you put every issue like this in life in writing - always back everything up in writing.
Further to our brief discussion today (date) I understand there was a 'thing' that will be sorted within 5 to 10 days, I would be grateful if you could update me by calling xxxxxxxxxx and provide a copy of the settlement in the SAE enclosed......
Where do I send my bill?
Soldato
Indeed, never assume malice when stupidity is a perfectly good explanation.
I've been keeping notes on the whole thing. Dates and times of calls etc. The guy I spoke to yesterday pointed out he was unsure how their accounts department hadn't picked up on it and had asked them to investigate too.
Good for you. I hope it works out asap.
My understanding is that the car doesn't belong to you - presumably that effects your insurance etc
As your attorney I advise you to document it in writing via letters to these amateurs so you are in a much stronger position with a formal narrative (your letters) if it turns out you are the victim of sharp practice and you need a legal remedy.
My understanding is that the car doesn't belong to you - presumably that effects your insurance etc
As your attorney I advise you to document it in writing via letters to these amateurs so you are in a much stronger position with a formal narrative (your letters) if it turns out you are the victim of sharp practice and you need a legal remedy.
Soldato
There's that bear again! Growlllll! He gets about a bit
Soldato
Soldato
Soldato
Not sure what your point is, given that's the correct spelling?
Soldato
I don't think reviewing the V5 for every single item of inventory held by a "major UK vehicle company" is a practical audit procedure somehow.
Soldato
Was just about to post the same, if it is I would hate to be a junior on that account lol.
Ditto.
Possibly posted from a ZX Spectrum?
Too much texting and rap music IMO. It is rare that I ever spot a grammatical error so I will be celebrating for the rest of today starting with a smug of red whine.
Soldato
Haha yes I know it's spelt correctly but it has always amused me as a lad at school always maintained it was bare as it had nothing to do with bears. So the growl bit was an in joke for me. Not that I am perfect because I thought there was one place in the States called Arkansas and another called Arkansaw. Anyway it was early and I was a bit merry!
So...bit of an update. I've spent the last fortnight chasing these folks and after contacting the finance company directly today...nothing has been done!
I'm now in direct contact with the company directors who are proving to be...evasive and perpetually on holiday.
I've had a bit of legal advice from a solicitor and also direct from the finance company who aren't too pleased themselves.
I've tried to do this informally and give them the benefit of the doubt so from today I've started formally issuing letters via recorded post and emails to keep a paper trail. I've also printed off my phone records to show when I contacted them first.
I do want to mention bmw who have been fantastic at providing me help.
I'm now in direct contact with the company directors who are proving to be...evasive and perpetually on holiday.
I've had a bit of legal advice from a solicitor and also direct from the finance company who aren't too pleased themselves.
I've tried to do this informally and give them the benefit of the doubt so from today I've started formally issuing letters via recorded post and emails to keep a paper trail. I've also printed off my phone records to show when I contacted them first.
I do want to mention bmw who have been fantastic at providing me help.
That's a tempting option! Managed to get a call back off one of them this evening so I'll be heading in to one of their branches tomorrow to have a chat with him. It's not the same guy I've been dealing with however it was his car originally so he should have some understanding.