At the end of the tax year, the Inland Revenue office sent an inspector to audit the books of a local hospital.

While the agent was checking the books he turned to the Accountant of the Hospital and said, "I notice you buy a lot of bandages.
What do you do with the end of the roll when there's too little left to be of any use?"

"Good question," noted the Accountant.
"We save them up and send them back to the bandage company and every now and then they send us a free box of bandages."

"Oh," replied the auditor, somewhat disappointed that his unusual question had a practical answer.

But on he went, in his obnoxious way.
"What about all these plaster purchases?
What do you do with what's left over after setting a cast on a patient?"

"Ah, yes," replied the Hospital Accountant, realizing that the inspector was trying to trap him with an unanswerable question.
"We save it and send it back to the manufacturer, and every now and then they send us a free package of plaster."

"I see," replied the auditor, thinking hard about how he could fluster the know-it-all Accountant.

"Well," he went on,
"What do you do with all the leftover foreskins from the circumcisions you perform?"

"Here, too, we do not waste," answered the Accountant.
"What we do is save all the little foreskins and send them to the Inland Revenue Office, and about once a year they send us a complete prick."

Sounds about right.
And yet the VAT people I find fine.

Same here , it's just the iT guys , They cannot seem to make their minds up what they want ............

Let's hope you are right Fox: I've got a VAT inspection on Wednesday cos' they owe me a lot of money!

any advice (obviously be civil and truthful already covered!)

Better they owe you money than the other way round.
I've had three inspections over nine years and each time they have been quite friendly and helpful.

Dolphinboy wrote:

Let's hope you are right Fox: I've got a VAT inspection on Wednesday cos' they owe me a lot of money!

any advice (obviously be civil and truthful already covered!)

I always let my accountants deal with my VAT inspections... We all sit down together, I stay about 15 min's, they then go over it together and I'm off playing golf...

Dolphinboy wrote:

any advice (obviously be civil and truthful already covered!)

Fox wrote:

Sounds about right.

Dave 1993 YZF 750 SP