My thanks to a loyal reader, who wrote to me about the experience of a chum of his who runs a large vehicle recovery firm.
This company has often been used by HMRC to uplift (tow away) vehicles which had been "dipped" (to test the diesel used) by HMRC at the roadside, and seized if red diesel was found to be present.
The trouble was that HMRC seem to have been a tad tardy at paying the bills for this service. I am given to understand that HMRC told the recovery company that they were trying to get invoices paid within SIX MONTHS!
Not exactly Speedy Gonzales are they?
Unsurprisingly the recovery company doesn't want anything more to do with HMRC, and have blacklisted them as a client.
However, it doesn't end there.
HMRC then sent the company an email which said that, owing to cost cutting, they will no longer be undertaking road side diesel testing as they cannot afford to pay to tow the vehicles away.
The two "take aways" from this tale are:
1 Don't subcontract for HMRC, unless they pay you upfront.
2 Feel free to use red diesel, because you won't be tested.
Tax does have to be taxing.
UK EXPATS: Reduce tax on UK Pensions
HMRC QROPS provider. Unlock your UK pension and access a 25% lump sum today.
Quote ID code "ABC" when contacting a QROPS specialist.
Professional Cover Against the Threat of Costly TAX and VAT Investigations
What is TAXWISE?
TAXWISE is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.
To find out more, please use this link Taxwise
Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.
Click the link to read about: Tax Investigation for Dummies