by David Jones | Dec 7, 2018 | Uncategorized
Individuals who reach the state pension age on or after 6th April 2016 Entitlement to the state pension is contingent on having sufficient “qualifying years”. These are tax years for which you have a paid a minimum level of NIC or received NIC credits. Individuals who...
by David Jones | Nov 29, 2018 | Tax Investigations
This was a case in which arch brexiteer Arron Banks sought to use the European convention on human rights to argue that Inheritance Tax (IHT) charged on gifts he made to the UK Independence Party (UKIP) amounted to a breach of his human rights. Gifts or donations made...
by David Jones | Nov 22, 2018 | VAT
I recently became involved with a situation where HMRC demanded output tax on donations received by a charity. I found this strange, as donations are generally outside the scope of VAT because the money received does not relate to the supply of goods or services. The...
by David Jones | Nov 16, 2018 | Business Regulation, Business Tax, Profit & Cashflow Forecasting
This is a case where HMRC’s failure to deal with telephone calls from a taxpayer was accepted as a reasonable excuse by a Tax Tribunal. This case concerns a firm called Chameleon Technology UK Ltd and relates to a 10% default HMRC surcharge of £17,599 in relation to...
by David Jones | Nov 8, 2018 | Opinion
Now that I am officially semi-retired (I have every Wednesday off and extra holidays), my thoughts turned to some of the more amusing experiences from my life as an accountant, some of which I will share with you today: Jeremy Corbyn admirer What would they do without...
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