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Post Info TOPIC: Self Assessment Success


Newbie

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Self Assessment Success


Hello

I want to start Bookkeeping for a few clients.

I'm AAT Qualified and been working in accounts for over 15 years. Only thing I haven't had experience of is doing Self Assessments.

I've googled if there is any training, and came up with a course called Self Assessment Success by Bookkeepers Alliance (link attached).

https://www.bookkeepersalliance.co.uk/self-assessment-success/

 

Has anyone done this course? Does it help?Any advice is much appreciated.

 

Many Thanks

Louisa

 



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Guru

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Hi Louisa

Sorry, not done the course or heard of the provider

Did you do Business Tax and Personal tax as your AAT level 4 optional units?  I had a look at the link you posted and the brief description they give of what is contained within the course you would have covered most of that with AAT.

As said I can't comment on the course but I do not think tax is the sort of subject that you can just do a crash course in (not saying that is what this is), if you didn't do the AAT tax units maybe you could consider taking them and then maybe moving on to ATT

 

 



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Doug

These are only my opinions of how I see things and therefore should not be taken as advice



Master Book-keeper

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Hi Louisa 

Are you AAT level 4 qualified?  If you are then you should have enough savvy to do a Self Assessment return.  Can imagine though that it's a daunting prospect when you've not done one before.    

The course is £150 and seems to have a fair few modules to work through, so I don't think it'll do you any harm to do it if you're less than confident.  Kris, the main owner of that site used to post here and was a valued contributor, imo.



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.



Master Book-keeper

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Date:

Who is your licence with?

Is it an accredited course? Suspect not, as otherwise it would state so.

Save yourself £150. Instead spend £12 with the discount already mentioned on an up to date Kaplan AAT book and do the AAT level 4 personal tax module. Then read the taxes act and HMRC guidance, but remember their guidance is just that (and often doesn't match the law!!!)

If you want to be able to use your MAAT qual properly you still need to get some proper experience as mentioned in the answers we gave on your first post.

PS please don't edit your original post after other posters have responded, as last time. You can create a reply post to respond, so that it appears at the bottom of the thread and folk know you have responded.



-- Edited by Cheshire on Tuesday 30th of October 2018 10:27:12 PM

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Joanne  

 

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

 



Senior Member

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Posts: 154
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Hi Louisa,

I'm in a similar situation to yourself.

I know you are only looking to do self-assessments, but an additional option could be to buy the ACCA UK Taxation text and revision book from Kaplan and study the relevant sections from that.  There are also free pre-recorded video lectures and lecture notes from opentuition.com for ACCA.  This is the route I am taking.

I was in touch with Kris at Bookkeepers Alliance in September to ask if his course is up to date.  His reply is below;

"With regards to the self assessment course, it's an online prerecorded course.  Each week you get access to a new module.  There are videos of approximately 1 hour and will look at a new part of the self assessment.  The videos deliver theory, then go through a worked example and give you the opportunity to try an example or two yourself.  They were recorded for the 16/17 tax year.  I anticipate that these will be updated at the beginning of next year.  While this impacts on things like personal allowances or bands, much of the information is relevant to the current tax year."

I also asked if the course could be done in one go rather than over 12 weeks and he advised that it could.

Another option is to consider the ATT Foundation Qualification.  You could just do the Business Taxation module, total cost £535.

Yet another option could be to contact providers of the Institute of Certified Bookkeepers self assessment qualification.  You could either do the full qualification and join the Institute although I think they may want to have a practising certificate with them as well as getting one with AAT, or you could just do the course and not the qualification.  If you choose the latter option, you should negotiate a price reduction as the course usually includes membership of the Institute.

Hope that helps,

David.



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Newbie

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Posts: 3
Date:

Thanks everyone for their suggestions. I did do Business Tax as an optional unit when I was doing my AAT Level 4, but we rushed through doing a return in all of 10 minutes in class. It's quite daunting when you've never done one before and someone is paying for your expertise. That's why I thought the Bookkeepers Alliance course sounded alot more in depth. I think it might be worth me looking into Personal Tax or ATT as suggested. Thanks again everyone Louisa

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