by David Jones | Dec 6, 2019 | VAT
Nudge theory is a concept in behavioural science, which proposes positive reinforcement and indirect suggestions as to ways to influence the behaviour and decision making of groups or individuals. Now HMRC has discovered this new concept and undertook an experiment on...
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...
by David Jones | Nov 8, 2019 | Comments on Global News, Personal Tax Planning
As a UK-based owner of a property in Spain, I was shocked to find out this week that owners of Spanish properties will pay higher income tax after Brexit and may also lose the right to an exemption from capital gains tax arising on the sale of a former home. I...
by David Jones | Oct 31, 2019 | Accounts, Business Tax, Opinion, Self Assessment
It has been several weeks since last shared with you tax related questions from my in-box, so today I’ve selected a number of the questions received that I hope you will find interesting. The Topics today: It’s all Greek to me! Can I claim for a tax deduction for...
by David Jones | Oct 25, 2019 | Business Regulation, Business Tax
HMRC has been conducting a number of so-called ‘webinars’ to advise taxpayers and their accountants of the impact of new legislation, changes in their application of taxes, Brexit provisions, to name but a few. However, a recent HMRC webinar caused hilarity and...
by David Jones | Oct 17, 2019 | Self Assessment
It has been a couple of years since a did a Blog on the subject of excuses given by taxpayers, as to why their Tax Returns were submitted late or their failed attempts to get dodgy claims for expenses past the taxman. HMRC have released their latest list of...
by David Jones | Oct 10, 2019 | Personal Finance
It’s an uncomfortable fact that one of the many painful aspects of divorce is the potential tax bill at the end of the process. As an accountant, I have regularly assisted a divorcing couple understand and manage the tax implications which usually helps de-stress the...
by David Jones | Oct 4, 2019 | Comments on Global News
There is a growing belief that taxation could be an effective weapon in the fight against global warming, by changing the behaviour of businesses and individuals in ways that could help preserve the planet instead of potentially destroying it. World Bank meeting The...
by David Jones | Sep 26, 2019 | Business Start-up
Life can be incredibly lonely as a sole trader and these anxieties are often significantly exacerbated by the long working hours and clients who are unappreciative of what you do for them. So today I’m going to share with you a recent conversation I had with a client...
by David Jones | Sep 19, 2019 | Pension, Personal Finance
Many people would argue that the pension freedoms reforms by the previous Chancellor George Osborne, announced in the 2014 Budget and which started in the 2015/16 tax, can be considered a success. There is of course the alternative argument that trouble may not be too...
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