by David Jones | Mar 2, 2023 | Personal Finance, Self Assessment
Moving to online communication proved very costly for one taxpayer recently when he discovered that ignoring an HMRC electronic notice to file landed him with £1,300 in late filing penalties. As part of its broader strategy, the tax department has been encouraging...
by David Jones | Feb 9, 2023 | Self Assessment
After having 10 months from the end of the last tax year to file their tax return, over 600,000 taxpayers still managed to miss the 31st January deadline and now face a fixed penalty unless they provide a reasonable excuse as to why they sent in their tax returns...
by David Jones | Feb 2, 2023 | Self Assessment
HMRC this week admitted that nearly half a million taxpayers had received late filing penalties, despite having little or no tax to pay. This occurred over a two-year period between April 2018 and April 2020 (the last year for which data was available). Low-Income Tax...
by David Jones | Jan 26, 2023 | Opinion, Self Assessment
Accountants up and down the country are currently battling with last-minute tax returns, in an effort to try and help their clients; so, what can be done to solve the problem of taxpayers who file late? The vast majority of accountants have never filed anything...
by David Jones | May 19, 2022 | Business Regulation, Business Start-up, Business Tax, Opinion, Payroll Services, Tax Investigations
Before I go into the detail of this case, I think it helpful if I explain exactly what long-firm fraud is. Action Fraud, the UK’s national reporting centre for fraud, defines long-firm fraud as when dishonest individuals set up what’s an apparently legitimate...
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