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"worth paying for tax advice" I knew someone who, through their employer, got tax advice from one of the big name accounting firms that turned out to be comple
by arethuza 6y ago
"worth paying for tax advice"
I knew someone who, through their employer, got tax advice from one of the big name accounting firms that turned out to be completely wrong - leaving them liable for tax both in the UK and in the country they had travelled to. It all got sorted out in the end but took a long time and was he was rather unhappy with the whole thing, as you can probably imagine.
- 0xfaded 6y agoI had this situation where an employee insisted on tax advice from the company's lawyer. The law firm represents who is paying, same for liability. In the end we sponsored an expensive email basically saying as such.
- arethuza 6y agoOne thing I have learned through bitter experience is if there is a significant tax issue at stake then get your own lawyer and/or tax adviser.
- gambiting 6y agoYes, and you can get accounting companies which will do it for you and take responsibility for it(for a fee). So if they get it wrong, they are on the hook, not you. Well, it is on you, but it's on them to put it right.
- raverbashing 6y agoYeah it's also worth doing your research and seeing if it matches what the advisor is telling you "you owe/doesn't owe this because A, B, C" is the answer you should be looking for, they might give general advice but they might not know 100% about some specific situations Note: I'm not saying "you can deal with this by yourself", I'm saying "double checking is a good idea"