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.

Wednesday, 19 September 2018

HMRC "Sharing" The Burden of MTD



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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Tuesday, 18 September 2018

Nick Lodge Joins the Bank of England



Nick Lodge, Director General of HMRC’s Strategy Group, has taken up a new position with the Bank of England.

He was first appointed to HMRC’s Executive Committee in 2012 as Director General for Benefits and Credits, and was formally appointed an HMRC Commissioner in the same year. He’s since led Transformation before taking up the new Strategy Group leadership.

HMRC Chief Executive, Jon Thompson, said:
Nick has given a huge amount to this department, leading major change and operational programmes, and providing strong leadership within the Executive Committee and Board. I wish Nick well in his new opportunity and for the future.
Nick Lodge said:
I’m excited to be joining the Bank of England, leading a major programme at the heart of the UK’s financial infrastructure. It’s a great role that I’m really looking forward to and that brings me back to banking, where I began my career.
I’ve loved my time at HMRC. I’ve been very fortunate to have worked with great people, as part of some brilliant teams and in a wide range of different areas. I have every confidence HMRC will continue to deliver.
Interim arrangements for filling Nick’s current role will be announced shortly.

Lodge's HMRC directorate, covering general benefits and credits was assimilated into three other groups in 2016, I asked at the time:
"Where does Lodge end up, or does HMRC hope he falls on his sword?"

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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Monday, 17 September 2018

Troup Knighted After Supplying Confidential Tax Information


Edward Troup who signed an agreement to provide confidential tax information to the compilers of the honours list was knighted several months later after supplying that information.

How ironic!

I thought that tax information held by HMRC was meant to be confidential???



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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Friday, 14 September 2018

Lead By Example, Or Shut The Fuck Up Welby!


Last week the Archbishop of Canterbury bleated from his "pulpit" that it was in his opinion disgraceful that certain companies such as Amazon avoided tax, and that people would be happier if they paid more tax.

I noted at the time that he was a hypocritical idiot and that he should "lead by example and request that the tax exemptions that the £8BN business known as the Church of England currently enjoys be lifted, so that the church and its ministers etc pay tax!"

Following on from that outburst about Amazon et al, it has emerged that the business enterprise aka the Church of England intends to remain a stakeholder in Amazon and profit from its tax avoidance.

To repeat what I said last week, the Archbishop of Canterbury is a hypocritical idiot.

Lead by example, or shut the fuck up Welby! 

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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Thursday, 13 September 2018

Iain Dale Slams Conservative's 'Retrospective Tax'




"How can you justify a tax for hard working people that goes back 20 years?"

Stride replied:
"Because, if some time ago, you entered into one of these disguised remuneration schemes, where you're basically avoiding tax, there is no reason why we shouldn't collect that money."

Iain countered:
"But these are people who are not accountants. These are just normal hard working people. Change the system!"

Does Stride not know that avoidance is legal??

"It sounds outrageous. I can't believe that you want to penalise 100,000 working people and not people who are rich."  

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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Wednesday, 12 September 2018

HMRC Systems Have Crashed



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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Reasonably Absolute

Jon Thompson


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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Tuesday, 11 September 2018

What Doesn't Get Measured Won't Get Done



It seems that the government is not able to evaluate the effectiveness of its cuts to the money purchase annual allowance (MPAA), because it does not have the data on how much tax is collected through this allowance.

For why?

HMRC does not hold the data.

The FTAdviser reports that in response to a Freedom of Information request from Canada Life, HMRC said that it does not hold information on the number of individuals who paid a tax charge as a result of breaching the MPAA, or the total value of tax collected through the MPAA charge each year.

The MPAA, introduced in 2015 to coincide with pension freedoms, is the amount a person who has already begun drawing on their pension can pay back into their retirement pot in a given year without incurring a tax charge.

The allowance was cut from £10,000 to £4,000 in April 2017, following an announcement in November 2016.

In its policy paper at the time, HMRC forecast an annual tax benefit of £70m from the measure. But it now emerged the tax office has no real way of evaluating whether this was achieved.
Andrew Tully, pensions technical director at Canada Life, said he was surprised HMRC did not collect those details.
"HMRC introduced the MPAA as a result of the pension freedoms, and then reduced it from £10,000 to £4,000, as it believed people could 'work the system', potentially creating tax leakage in the process.

However it appears HMRC isn't able to monitor the effectiveness of the MPAA as it isn't collecting any statistics on the measure."
Whether in the great scheme of things this particular missing metric really matters or not, who knows?

However, kudos to FTAdviser for their opening headline:

"HMRC clueless..."

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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Monday, 10 September 2018

All Animals Are Equal, But Some Animals Are More Equal Than Others


The Times reports that HMRC has admitted for the first time that it allows the most powerful members of society to escape prosecution for financial crimes.

At an economic crime conference in Cambridge last week, a senior government official admitted that HMRC accommodated celebrities’ concerns and settled debts privately to avoid the embarrassment of a public trial.

HMRC, however, continues to prosecute smugglers, small businesses and benefits cheats.

Richard Las, the deputy director of HMRC in charge of organised crime, said that “very wealthy and prominent members of the community” were afraid of the “reputational damage” that a criminal trial would bring.

As ever it is the low hanging fruit (eg SME's, "ordinary" people etc) that HMRC target.

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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Friday, 7 September 2018

No Deal Technical Notices



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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Thursday, 6 September 2018

The Archbishop of Canterbury is Hypocritical Idiot!


Let him lead by example and request that the tax exemptions that the £8BN business known as the Church of England currently enjoys be lifted, so that the church and its ministers etc pay tax!

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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Wednesday, 5 September 2018

Nick Morgan Nails It - HMRC Lies!



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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Tuesday, 4 September 2018

MTD To Cost Businesses an Extra £37M



When MTD was first mooted, original forecasts said the scheme would save businesses £100 million a year from 2021. 

However, reality is a strict mistress, HMRC’s latest view is there will be no cost savings and the extra work will end up costing firms £37 million a year!

How farking splendid!

Oh but on the plus side, those extra costs will be tax deductible.

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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Saturday, 1 September 2018

HMRC Blocks Honours For Tax Avoiders


It would seem that HMRC is sticking its unwelcome nose into the honour system.

Tax avoiders face being shunned for honours such as knighthoods, as HMRC has been alerting the Cabinet Office to individuals involved in controversial tax schemes, with a memorandum of understanding obtained by the Times saying “poor tax behaviour is not consistent with the award of an honour”.

A document published on the Gov.uk website said the vetting process sees HMRC assign a low, medium or high risk rating to prospective nominees “to minimise the risk that prospective candidates have behaved in ways likely to bring the system into disrepute”.
The report said medium risk includes those whose tax affairs would be “likely to cause adverse comment”, such as “participating in one or more avoidance schemes”.

Now have I got this right, HMRC and the government are blocking honours for people who use legal tax avoidance schemes; yet happily dole out honours to the likes of Jimmy Savile, Fred Goodwin, Philip Green, HMRC's very own Lin Homer etc?

The rationale being that tax avoiders who are honoured would bring the system into disrepute, unlike Sir Jimmy Savile etc???

HMRC are having a larf surely???

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



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"