I can understand why people are preaching a "good accountant" (btw, they are hard to find) but the accountant isn't liable if they get your tax wrong. YOU are liable. Yes, accountants can seem to save you thousands as you put it, but are they really saving you thousands or just telling you to pay the wrong amount and hope that you don't get audited. Because I assure you, if you get audited and you haven't paid correctly, the IR will expect that tax + penalities + interest off you and they won't stop until they have got it, stripping every asset you have. Where is your "highly paid" accountant now? Accepted that there are accountants that can save serious money, legally. These accountants are paid in the 100 of thousands and they save money for their clients who pay tax on millions. Are you one of those?
Edited to change in to on. Back to your cage CC.
Last edited by Beefy_EMA; 30th Aug 2007 at 11:45.