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Dedicated to the taxpayers of Britain, and the employees of Her Majesty's Revenue and Customs (HMRC), who have to endure the monumental shambles that is HMRC.
Wednesday, 27 May 2009
Advice To Alistair Et Al
Lads and ladettes, you might want to read this:
A HM Revenue and Customs (HMRC) spokesman said:
"It's a general principle of tax law that accountancy fees incurred in connection with the completion of a personal tax return are not deductible. This is because the costs of complying with the law are not an allowable expense against tax. This rule applies across the board."
How ironic that the Chancellor doesn't know the tax law!
In his defence, as I have noted before, tax regulations etc have become inexcusably complex and cumbersome (thanks in no small measure to his boss's ten year tenure at Number 11). It is scarcely surprising that cabinet ministers needed help with their tax returns.
Could this little "episode" provide the impetus for simplifying the tax system?
Ermmm...no...Brown doesn't do "simple"!
Tax does have to be taxing.
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