by David Jones | Jun 2, 2022 | Comments on Global News, Corona Virus, Opinion, Profit & Cashflow Forecasting, Self Assessment
The business insolvency tsunami we saw in our peripheral vision at the end of the tax year in March, now appears to be accelerating and recent data shows it is now starting to crash on the shores of the business world. Business Insolvencies: What are the numbers?...
by David Jones | Mar 10, 2022 | Corona Virus, Opinion
A recent ONS report shows that a typical employer saves in excess of £8,000 pa, for every employee in their firm that works remotely for 50% or more of their normal working hours, which is quite a saving. In addition, the same employee would him or herself save at...
by David Jones | Mar 3, 2022 | Corona Virus, Opinion, Self Assessment, Tax Investigations
Just short of six billion pounds of public money has been incorrectly paid out by HMRC in their handling of coronavirus support payments; and to make matters worse they are predicting that they’ll only be able to recover around 25% of it, with the rest being lost to...
by David Jones | Feb 17, 2022 | Business Tax, Corona Virus, Opinion
Having just read the latest the latest Public Accounts Committee (PAC) report on HMRC’s performance in 2020/21, it’s clear to me that it will not have been happy reading for HMRC or the Treasury. The tagline from the PAC report is that HMRC’s approach to...
by David Jones | Feb 3, 2022 | Business Tax, Comments on Global News, Corona Virus
Big Four accountancy firm EY have just published a report into the finances of the Premier League (PL). It reveals that despite the financial turmoil triggered by the Coronavirus, Premier League football clubs paid HMRC a whopping £3.6bn in taxes in 2019/20. The...
by David Jones | Jan 27, 2022 | Corona Virus, Opinion
Just short of six billion pounds of public money has been incorrectly paid out by HMRC in their handling of coronavirus support payments; and to make matters worse they are predicting that they’ll only be able to recover around 25% of it, with the rest being lost to...