The Book-keepers Forum (BKF)

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Member

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Hello


Hi everyone,

As I am a newbie I want to introduce myself. Not only am I a newbie to this forum( which I think is great), I am also a newbie to book keeping (ish). I have been working part time as a book keeper since May 2019. My previous experience was a cafe proprietor. I had this in Galway Ireland.

During my last few years of my previous position I began to study Accounting Technicans Ireland course. I studied the first year online. I then decided to close my cafe and move to Northern Ireland, where my wife is from. I then had to study taxation NI and law NI so it took me another year of online study to catch up with these. I would be fairly comfortable with the irish tax system and now the northern Irish one..

The Accounting technician course requires us to have 2 years practical experience before we are qualified to diploma standard and allowed to become a full member. I will have this next month.

I am thinking of registering as a self employed book keeper shortly. I know that I have to register for Money laundering leg. I spoke to Accounting technicians ireland and as they are another state there membership does not cover this. Does anyone have any suggestions for where to register. Institute of certified book keepers, aat, iab.???

Do they recognise my experience for Accounting technicians ireland? I will have to look into all. Any advice would be great..

I will also have consider liability insurance. i have access to an office at the moment where I use my employers sage line 50.

Is it worth it to become a self employed book keeper.? There is a lot of accounting technicians positions available locally. At the moment I do like the freedom of part time where I can pick up my kids from school and get back to it later if required.

Anyway thanks in advance.

Paul



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Paul Rafferty


Master Book-keeper

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Posts: 8646
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Paulraff wrote:

Is it worth it to become a self employed book keeper.?


Probably about the worst time in recent history to become one.

But - have a look at thishttps://www.book-keepers.org.uk/t66475350/hi-everyone-and-can-i-do-this/

Not sure what exemptions you will get for your qualifications, for AAT try their website as the list is easily accessible. No idea about the other two. Or just get your practice licence with your existing body and go with HMRC for MLR.

PII is a must unless you want to lose your house and children in a court case. The latter you may be happy to losewink

The jobs you have seen advertised locally - are they on an employed basis? Are there still as many actually now available given the COVID-19 issue?

Good thing in your favour if you are doing much between the two Irish countries - dealing with the Office for the Revenue Commissioners is a dream compared to dealing with HMRC! Plus they positively like emails!



-- Edited by Cheshire on Thursday 2nd of April 2020 04:09:10 PM

__________________

Joanne

Winner of Bookkeeper of the Year 2015, 2016 & 2017

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

You should check out answers with reference to the legal position



Guru

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Posts: 1096
Date:

Hi Paul and welcome to the forum



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Doug

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

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