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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.
Tuesday, 14 February 2012
HMRC Hypocrisy - Business Records
I recently wrote that HMRC have placed on hold their plans to carry out business records checks on SMEs. Additionally they have also decided to exclude practices from any future checks, as and when the scheme is relaunched.
However, it seems that their own records may be a tad disorganised. Accountancy Age reports that Abbey Tax submitted a Freedom of Information request (FoI):
"How many accountancy firms have been subject to a business record check?"
HMRC were unwilling/unable to provide an answer.
The reason, if HMRC is to be believed, is that it would cost more than £600 to go through the data.
Does this mean that HMRC do not have decent records that are easy to analyse and access?
This being the case, should HMRC not get its own house in order first before subjecting SME's to business records checks?
Tax does have to be taxing.
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