by David Jones | May 26, 2022 | Business Regulation
The Give Aid rules are designed to encourage taxpayers to be more generous but are dotted with conditions and potential snags for both charities and donors. So how do you avoid making a mistake? Gift Aid: Basic rules Under the Gift Aid scheme, charities can reclaim...
by David Jones | May 19, 2022 | Business Regulation, Business Start-up, Business Tax, Opinion, Payroll Services, Tax Investigations
Before I go into the detail of this case, I think it helpful if I explain exactly what long-firm fraud is. Action Fraud, the UK’s national reporting centre for fraud, defines long-firm fraud as when dishonest individuals set up what’s an apparently legitimate...
by David Jones | May 12, 2022 | Business Tax, Self Assessment
This week I’m looking at how HMRC changes to the tax basis period will affect self-employed traders and partners in trading partnerships; but I suspect that many of you reading this Blog will not have the foggiest of what the term ‘basis period’ actually means. Basis...
by David Jones | May 5, 2022 | Business Tax, Personal Finance, Self Assessment
Whether it’s a VAT error, income you left off your tax return, self-assessment or something else, it’s essential that any submissions to HMRC are completely accurate. Unfortunately, for most individuals, life is hectic and none of us are perfect, so mistakes can...
by David Jones | Apr 28, 2022 | Payroll Services, Self Assessment
As part of its campaign to close down or at least hamstring tax avoidance schemes, HMRC has named two schemes that it considers particularly abusive. Their main aim is to send a crystal-clear message that it will not tolerate these cynical schemes and their promoters....
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