HMRC's RTI flagship appears to be sinking fast, even before it has been launched.
Despite assurances from all and sundry that everything to do with RTI is tickedy boo, it appears that this is not the case at all.
Quelle surprise!
HMRC has now admitted that its Real Time Information (RTI) development is running over its original budget of £124M.
It seems that, as with any IT project, changes in the design of RTI have been made resulting in additional costs.
Which is kind of odd really, because in July this year David Gauke said of RTI:
I suppose, to give him the benefit of the doubt, he didn't say "on budget".“It is on track and going well.
We are optimistic it will deliver to the timetable.”
Now, the obvious question is:
"How much is the budget overrun?"Over to you Davie....
As per Computer Weekly Gauke has answered thusly:
“HMRC are working to determine the scale of the increase and are looking at how these additional costs will be met.”In other words, no one has a farking clue and they don't know how to pay for the overrun!
Well done!
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 (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"
And still the band plays on!
ReplyDeleteLOL:)
DeleteMore ice with that brandy sir?