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, 12 November 2019

HMRC Is "Incorrect"


Energy Voice reports that Awilco Drilling, headquartered in Westhill, near Aberdeen, said it was in “regular contact” with HMRC regarding part of its income booked in 2015.

The company believed it could use its accumulated losses to offset the income, giving it a reduction in tax liability for the year However, HMRC disagrees and has levied a £7.7M tax bill on Awilco.

In the firm’s third-quarter results announcement, Awilco’s management said they were “of the opinion that HMRC is incorrect” and have challenged the decision.

Tax does have to be taxing.

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2 comments:

  1. Indeed they are. Adding up and working out tax liabilities isn't a strong point for HMRC.

    https://www.heraldscotland.com/sport/18034919.hmrc-overestimated-rangers-tax-bill-by-50-million/

    ReplyDelete
  2. Ahhh. The glorious Inland Revenue and the alcohol fueled Friday's it gave me.. Kenneth Arthur and Hartnett.. RIP Kem. If I had to choose a fucking scumbag who cost the country a fortune between you two, I know which one it would be.

    https://www.dailymail.co.uk/news/article-7668473/How-Ken-Dodd-not-guilty-cheating-taxman-hiring-lawyer.html

    ReplyDelete