HMRC Is Shite

HMRC Is Shite
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, 5 February 2013

Has HMRC Run Out of Cash?

Now here's an amusing article from the Scotsman that focuses on the marked decline in winding-up orders filed in Scotland during 2012. In the first half of 2012 HMRC filed 515 winding-up petitions in Scotland, yet in the second half HMRC filed 107.

Does this mean that the Scottish economy improved during that period?

Probably not, according to the restructuring practitioners that the Scotsman has spoken to HMRC has run out of cash to fund the petitions, and will resume filing them once the new financial year starts again in April. In other words this decline is but a temporary respite.

One practitioner is quoted:
"HMRC is under huge pressure to collect the taxes owed to the government, which is why we are hearing about companies finding it increasingly difficult to negotiate a grace period through the ‘Time to Pay’ scheme,” said one of the practitioners.
I would expect they will start petitioning again in April, when it’s a new financial year with a new budget. That’s unless their whole policy has changed, but I can’t imagine that is the case.
A spokeswoman for HMRC has dismissed as “nonsense” the idea that it has run out of money to wind up companies.

April will doubtless be a busy month in Scotland, but what of England?

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance 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 Solar Tax Investigation Insurance

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

HMRC Is Shite (, also available via the domain, is brought to you by "The Living Brand"


  1. One swallow does not make a summer.

    I would imagine if things are half as bad as they seem, then instead of a rush to spend any excess budget money, because if you don't spend it you can't have it next year, instead all departments will have been instructed to cease all ancilliary expenditure e.g. travel, training (other than CBT) subsistence or reimbursement as it is these days. This will mean all but the most exceptional visits to people and traders will be postponed.

    Photocopying and printing, repair and replacement of anything, even H&S related if they think they can get away with it (100% of time) will be suspended along with early release schemes being halted and even allowed toilet break times will be shortened.

  2. This story is quite true. HMRC are also dramatically scaling back on County Court action, as the legals budget is all gone until April.

    The spokesman was either lying or ignorant of the facts. If pushed, I would put my money on ignorance.