by David Jones | May 23, 2019 | Personal Finance, Self Assessment
HMRC are looking to change tax relief on homes The 2018 budget included the news that HMRC wants to review the Capital Gains Tax (CGT) relief enjoyed by those who make gains from selling their own homes known as private residence relief. HMRC’s review of the...
by David Jones | Apr 26, 2019 | Business Regulation, Business Tax, Opinion, Self Assessment
It has been a few months since my last tranche of UK Tax Questions Answered →, so I thought it about time to share with you some of the more interesting questions I’ve had in recent months. Each question is from a Tax Blog reader which I hope will be helpful to...
by David Jones | Apr 19, 2019 | Opinion, Self Assessment, Tax Investigations
Today I’m reporting on a snippet of recent news when HMRC admitted that over the past five years it has spent on average £10,000 a year on florists’ bills, to try and placate taxpayers who’ve been the subject of blunders by the taxman. Sometimes a sincere apology or a...
by David Jones | Apr 11, 2019 | Accounts, Business Regulation, Business Tax, Personal Finance, Personal Tax Planning, Self Assessment
The new 2019/20 Tax Year started last week and as usual there are a number of changes, which may well affect you. In most years these changes would be plastered all over the TV news or the newspapers, but unfortunately at the moment the press appears to be obsessed...
by David Jones | Mar 28, 2019 | Self Assessment
Here’s one out of left field: the government should scrap the personal allowance entirely and replace it with a weekly payment of £48.08 to every adult over the age of 18 earning less than £125,000 a year. The new proposal by the New Economics Foundation (NEF), a...
by David Jones | Mar 1, 2019 | Self Assessment
As the many readers of this Blog will testify, I am not the biggest fan of HMRC; indeed a fair number of my Blogs have been quite scathing of their inefficiencies and treatment of taxpayers. But today, I will have to address the fact that I once wrote that I would...
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