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 | 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 | Aug 10, 2023 | Self Assessment
HMRC have recently launched their annual summer campaign, which urges taxpayers, who complete a Self-Assessment (SA) tax return, to file it early (this of course, assumes that you don’t need any help). HMRC’s announcement this week, encouraged taxpayers to “beat...
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 | Mar 23, 2023 | Business Regulation, Business Tax, Self Assessment
Now that the dust has settled over this year’s Budget, I have had the opportunity to look deeper into the Chancellor’s Red Book (named after the traditional colour of its cover). This modest little tome, contains an analysis of the economy and a summary of the Budget...