by David Jones | Oct 20, 2022 | Self Assessment
This is a story about a lovely lady in her late70’s, Cath Rigby, who is a neighbour of mine. Cath, a retired nurse, had never needed to complete a tax return until just over 10 years ago, when she inherited her mum’s house and decided to rent it out to bolster her...
by David Jones | Jan 30, 2020 | Business Regulation, Self Assessment, Tax Investigations
This is a case where a taxpayer failed to respond to questions about used car sales, so HMRC plucked a figure of taxable profit out of the air to use as the base for tax and penalty assessments totalling £342,943. Background to the case HMRC asserted that a gentleman...
by David Jones | May 18, 2017 | Tax Investigations
I’m going to tell you a tale of a tax investigation which opened with the nightmare letter every taxpayer dreads, but in a dramatic turn round, a Tax Tribunal held that it was HMRC’s information notice that offended every rule in the book. Accusations of Fraud HMRC...
by David Jones | Jun 13, 2013 | Corporate Tax Planning, Personal Tax Planning, Self Assessment, Tax Investigations, Uncategorized
As with most Accountants, I am all for equitable and consistent enforcement of tax law, but my recent experience of HMRC’s basic level of checking suggests that individual inspectors are just out to get a tax assessment, by the easiest way possible, to justify...
by David Jones | Nov 15, 2019 | Business Regulation, Business Tax, Self Assessment, Tax Investigations
An eagle-eyed accountant in Birmingham, Alex Jameson, recently noticed a minor change in HMRC procedures, that will have potentially huge consequences. Mr Jameson discovered that the tax law has been subtly amended so that certain decisions currently required to be...
David Jones is the Senior Partner and Founder of Morgan Jones & Company. Born in Liverpool and an Accountancy graduate of the University of Wolverhampton, David spent twenty years working for the Customs & Excise in London then Shrewsbury before starting his own business. David's depth of knowledge of the UK tax system and his ability to communicate this learning has seen Morgan Jones & Company grow into Shropshire's most respected Accountancy Practice. Email David