by David Jones | Apr 28, 2022 | Payroll Services, Self Assessment
As part of its campaign to close down or at least hamstring tax avoidance schemes, HMRC has named two schemes that it considers particularly abusive. Their main aim is to send a crystal-clear message that it will not tolerate these cynical schemes and their promoters....
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 | Mar 25, 2021 | Self Assessment, VAT
HMRC is in the process of writing to businesses which it believes are trading above the VAT threshold, but who are not currently VAT registered. Today’s Blog explains what to do if such a letter arrives. VAT Evader Trader Background A business is required to register...
by David Jones | Jul 23, 2020 | Comments on Global News, Self Assessment
I had a bit of time on my hands this week, so I decided to read the runes on this year’s report from HMRC on the size of its tax gap (the difference between the real tax liability for a given tax year and the amount that’s paid). The figures for the previous tax...
by David Jones | Jul 28, 2019 | Personal Finance
As it appears increasingly possible, we may well have a General Election later this year to solve the impasse on Brexit. If this happens, there is a real possibility of Mr Corbyn taking the reins of power and unleashing his pet attack dog, shadow chancellor John...