by David Jones | Sep 13, 2018 | Opinion
Today’s Blog is about getting your work/life balance in the right proportions and whilst it primarily concerns my profession, accountancy; it could equally apply to other many small businessmen and women. Accountant’s Work Life Balance Alistair Hayward-Wright Alistair...
by David Jones | Sep 6, 2018 | Business Tax, Tax Investigations
The Court of Appeal has found that HM Revenue and Customs do owe a duty of care to a taxpayer if it makes mistakes and as a consequence, the taxpayer can sue HMRC for damages. Neil Martin v HMRC – The Background Neil Martin, a builder, suffered severe business...
by David Jones | Aug 23, 2018 | Opinion
I had a text message last week from a company called Advantis; the message read, “This is an urgent message from Advantis. We have an extremely urgent personal business matter to discuss with you. Please call us immediately quoting ref……… I couldn’t recall ever...
by David Jones | Aug 16, 2018 | Tax Investigations, VAT
This is the strange case of Quality Engines Direct Ltd (QEDL), and concerned two sales of silver ingots, where the VAT at stake was £60,062. The court decided that no output tax was payable on those sales because the company didn’t own the goods. QEDL’s main business...
by David Jones | Aug 10, 2018 | Personal Finance, Tax Investigations
The long running case of Romie Tager, barrister and QC, finally reached a conclusion in the Court of Appeal last month and highlights that there is a clear distinction to be drawn between the most spectacular levels of neglectful non-compliance and the murky world of...
by David Jones | Aug 3, 2018 | Business Tax, Self Assessment, VAT
Here is my latest tranche of UK Tax Questions Answered. Each question is from a Tax Blog reader which I hope will be helpful to you or at least you’ll find the answers interesting. The Topics today: VAT repayment refusal Materials, Net or Gross? Property split between...
by David Jones | Jul 26, 2018 | Opinion
A recent news report on how Sean Connery paid his accountant got me thinking of odd and often bizarre ways that clients have paid me and anecdotally, another accountant I know. Most of these stories brought a smile to my face so I thought I’d share a few with you....
by David Jones | Jul 20, 2018 | Business Regulation, Business Tax
Despite year-on-year tax rises, company cars remain a popular benefit. While the tax cost of expensive high-emission cars can be eye-watering, by choosing carefully it’s possible to enjoy the convenience that comes with a company car for a relatively low tax cost. So,...
by David Jones | Jul 12, 2018 | VAT
This is a tale of two associated companies and HMRC’s disallowance of nearly £50,000 of input tax, resulting in the VAT officer involved getting a very nice little bonus, so read on….. VAT Trading background Bob Antsy is the sole director of a building company Antsy...
by David Jones | Jul 6, 2018 | Personal Finance
How Much Tax will you pay selling your garden for building? In 2017 the number of new homes built reached its highest level since 2008 but even so, this figure fell well short of government targets. Several councils are trying to achieve their ‘new build’ target by...
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