by David Jones | Sep 7, 2023 | Business Tax, Corporate Tax Planning, Self Assessment
HMRC is keen to report how much tax it collects each year, as that is its mission – to collect “the right amount of tax” from each taxpayer. But HMRC is seemingly less keen on measuring how much tax it forgoes each year in the form of tax reliefs and allowances and...
by David Jones | May 4, 2023 | Business Regulation, Business Tax, Corporate Tax Planning, Self Assessment, Tax Investigations
The Office of Tax Simplification (OTS) was set up in 2010 as an independent body to advise the Chancellor and provide feedback from consultations with industry, taxpayers, professional bodies and accountants. It came after a major Parliamentary report in 1995 which...
by David Jones | Feb 16, 2023 | Business Regulation, Business Tax, Corporate Tax Planning, Opinion, Personal Finance
With the Budget due next month, I’ve been thinking about the UK tax system. The more I looked, the clearer it became that the UK tax system treats certain taxpayers differently to others, which leads to unfairness in terms of the amount of tax paid on similar...
by David Jones | Aug 25, 2022 | Business Regulation, Corporate Tax Planning
Against a backdrop of spiralling economic pressures and a looming recession, there were 1,827 registered limited company insolvencies recorded just in the month of July 2022, most via a CVL. The failure rate was even worse for individuals, with the Insolvency Service...
by David Jones | Mar 6, 2022 | Corporate Tax Planning, Personal Finance, Self Assessment
It’s been over three months since I last posted a Blog on the many questions asked by correspondents to our website and by existing clients, so today I’ll share with you a handful of the more interesting questions I’ve received in recent weeks, which...
by David Jones | May 16, 2019 | Corporate Tax Planning
Today I’m reporting on a new push by HMRC against the US ‘tech’ multinationals, after new figures revealed suspected tax underpayments from large overseas firms are rising. According to a freedom of information request, the tech giants’ share of the total “tax under...
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