by David Jones | Mar 14, 2024 | Business Regulation, Opinion, Payroll Services, Tax Investigations
Hot off the press is the latest PAC (Public Accounts Committee) report which says that HMRC’s IR35 rules are far too complex. In essence the PAC state that the intricate and convoluted rules are highly likely to be deterring employers from using contractors and in...
by David Jones | Nov 16, 2023 | Tax Investigations, VAT
Earlier this year, an intrepid officer from HMRC’s VAT hit squad, visited a small cake and sandwich shop and purely on a couple of hours observation, believed that the shop owners were deliberately minimising their Standard Rate (SR) sales. After a subsequent visit he...
by David Jones | Oct 12, 2023 | Business Start-up, Business Tax, Tax Investigations, VAT
Last week, VAT specialists VATCalc revealed that the number of UK businesses registering for VAT dropped by over 40,000, the first drop in registrations since 2011. This was surprising, as most experts in the field expected the number to rise, especially as the VAT...
by David Jones | Aug 24, 2023 | Business Tax, Opinion, Personal Finance, Tax Investigations
To paraphrase the late Paul Daniels, ‘Not a lot’. But before we get into the meat of today’s Blog, I think it might be helpful to specify exactly what a social media influencer is, as defined by the Influencer Marketing Hub (a leading online platform that connects...
by David Jones | Jul 20, 2023 | Business Tax, Payroll Services, Personal Tax Planning, Self Assessment, Tax Investigations
The use of mini-umbrella companies (MUC) to employ contractors or temporary workers has been a well-used scheme over the years and has resulted in the individuals concerned, avoiding considerable amounts of Income Tax and NIC. This is a subject that I’ve covered in...
by David Jones | May 25, 2023 | Business Regulation, Business Tax, Personal Tax Planning, Self Assessment, Tax Investigations
After ignoring concerns from professional bodies about HMRC service levels and treating the Office of Tax Simplification more like an annoying wasp buzzing in its ear, the government gives the distinct impression that it doesn’t want to listen to tax experts. A budget...