Finance Bill Published - Let Joy Be Untrammelled!

Finance Bill 2020 has been published - 374 page document, 363 substantive pages. Longest since 2017, but 2012-16 all had 600+ pages of Finance Bill legislation (NB In 2015 this adds together two bills).
Bill and Explanatory Notes here: https://t.co/KgGLhxoRHz 1/x

— CIOT (@CIOTNews) March 11, 2021

Tax does have to be taxing.

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

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"

Making Tax Digital Dropped From Finance Bill

Making Tax Digital dropped from Finance Bill. Sensible move from @hmtreasury and great campaigning by @fsb_policy @CIOTNews and @ICAEW

— James Calder (@jmcalder101) April 25, 2017

Rest assured it will come back!

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"

Longest Finance Bill Ever - Never Mind The Quality Feel The Length

The longest finance bill ever, coming in at a stonking 762 pages (plus more than 400 pages of explanatory notes) was published on March 8th.

John Cullinane, tax policy director at the Chartered Institute of Taxation, is quoted by Andrew Goodall:

 “Today’s finance bill is the longest on record, beating the next longest by a country mile. This rate of change and quantity of additional legislation will make life more complex for taxpayers and tax advisers alike.” 

However the Office of Tax Simplification has said that we have nothing to fear, noting that while the length of tax legislation can give the impression of complexity, longer legislation can be easier to understand.

Got that everyone?

If you can't understand it, it's not the fault of the legalisation it's your fault!

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"

Osborne's Complex Tax Legacy

Osborne once (2007) called for the tax system to be simpler, in 2010 he set up the Office of Tax Simplification.

Fast forward to the 2016 Finance Act and we see nothing simpler, but in fact an additional 649 pages of complex tax legislation on top of the 11,000-plus pages already in existence

The ICAEW Tax Faculty estimates that during his tenure as Chancellor, Osborne was responsible for 3,896 additional pages of tax legislation.

Some legacy!

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"

Size Matters!

Congratulations to George Osborne for outdoing himself this year, with the size of the Finance Bill 2012.

It weighs in at a stonking 686 pages (across three volumes, 227 sections and 38 schedules.), the largest in history.

How the fuck are HMRC and other tax professionals meant to work their way through that and understand it?

Was it not the policy of this government to simplify taxes?

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

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"