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>are you saying a small firm's staff took a vacation during tax season? thats very strange. The company is an LLC equivalent in Algeria. There's no tax season.
by Jugurtha 4y ago
>are you saying a small firm's staff took a vacation during tax season? thats very strange.
The company is an LLC equivalent in Algeria. There's no tax season. Tax forms must be submitted and paid before the 20th of every month. Social security before the 30th of every month, or quarterly if the company has fewer than nine employees.
Employees don't do their own taxes; instead, the company withholds the taxes/social security and pays on their behalf (retenue à la source).
And yes, the accountant was unreachable before doing our taxes.
>are you talking about an indian small accounting firm charging as much as a big 4? nice. i would love to be them.
I'm not sure how I miscommunicated that it was in India. It's not, to be clear.
It's not the small firms charging as high as a big 4, rather the big 4 charging something that's a multiple of smaller firms, but not an order of magnitude. The fees are subject to negotiatons before signing the contract.
The way big 4s are structured allows that. They're a rather independent firms in a network sharing a name.
- 2Gkashmiri 4y agoyou just explained indian indirect taxes. "tax season" in india is a yearly affair so that is what i wrote. the indirect taxes, well, there are 2 due dates in a month. 10th and 20th. salary taxes are called "tds" or "tax deduction at source". same, monthly and a quarterly return. we do have those "network firms" , actually the "big 4" in india is a network of firms who have taken up a name, there isnt any actual EY office, just a name of a network. >And yes, the accountant was unreachable before doing our taxes. irresponsible of them. we literally manage our outside-office life based on the 10th and 20th of the month so, 1-10 and 17-20 are no normal holiday days. employees are free to take a leave on 11th-15th or 21-28th of every month but the rest of the days, unless there is a serious emergency, leaves are not entertained much. a small office usually does not have a tonne of clients (otherwise they would be big) so every client is important. Now why would this particular accountant would go on a vacation on "important dates", i dont know. i can safely say i have never done that and neither have my peers