Death and Taxes - HMRC Still Get Death Wrong!

HMRC has admitted it does not hold data on the number of people that have been wrongfully taxed on their death benefits.

Since 2016, HMRC has been issuing P6 tax coding notices in error for death benefit payments that are entirely non-taxable. HMRC has said in consecutive newsletters that it is working to solve the problem, and has issued guidance requesting pension administrators to contact the taxman in these cases.

However, a freedom of information (FOI) request submitted by Royal London and seen by FTAdviser revealed that HMRC does not have accessible data on the number of people affected by this error.

The FOI stated the information is "not held in a centrally searchable/retrievable format". HMRC’s systems hold information where a taxable or non-taxable death benefit for a beneficiary has been reported, it said.

But to provide information on the cases where tax was wrongly sought, the taxman would have to manually filter the death benefits data to identify non-taxable payments.

 "Once filtered, an IT scan would be required to identify individuals where a P6 was issued. The individual’s circumstances would then have to be manually reviewed to determine if the P6 was issued correctly or not." 

HMRC added it could not produce the information at this stage as it would exceed the workload limited under FOI rules.

 Sir Steve Webb, director of policy at Royal London and former pensions minister, said it was "shocking" to hear HMRC admit that people have been wrongly taxed without any clear idea of how many people were affected.

Quoted by FTAdviser:

"It doesn’t generate confidence in the accuracy of the tax system when HMRC can tell you they are getting something wrong but can’t say if this is a small problem or one which affects thousands of people."

An HMRC spokesperson passed the buck:

"HMRC has issued guidance to pension scheme administrators advising them that if they receive a P6 coding notice from HMRC showing an amount that they have paid which is not taxable, not to operate the code but to contact HMRC.

HMRC will then issue a revised P6 to be operated against any future payments made by the scheme."

Ho Hum, HMRC simply gets others to do its work for it!

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"

Budget Day 29 October

I’m pleased to announce the Budget will take place on 29 October.

I’ll set out how our balanced approach is getting debt falling while supporting our vital public services, and how we are building a stronger, more prosperous economy. pic.twitter.com/FKafI3kLO9

— Philip Hammond (@PhilipHammondUK) September 26, 2018

Budget Day, unusually, is on a Monday and is several weeks earlier than expected.

For why?

Hammond and the Government are clearing the decks for a very bumpy Brexit deal/no deal debate/vote in the Commons.

Sadly, Hammond is a financial illiterate.

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"

HMRC's Twenty Year Retrospective Tax Grab

Paul Lewis has written an article in the FT that highlights the disgrace of the IR35 changes:

"Up to 50,000 people will owe the taxman tens – in some cases hundreds – of thousands of pounds by April 5. The bills will leave some of them having to sell their home or go bankrupt. Instead of being paid directly for their work, these individuals had their wages paid to a third party company, often offshore, and then sent back to them as a loan. 

These loans were typically repayable over a very long period, if at all. The loans were said to be not taxable. So instead of paying tax and national insurance contributions at 32 per cent or 42 per cent, the contractors, who included nurses and teachers, paid 5 per cent or 10 per cent of their pay as fees to the scheme providers and saved themselves thousands of pounds a year. 

Now HM Revenue & Customs says they must pay all the tax they avoided right back to 1999 in one go on April 5 2019. There is no right of appeal. These “ contractor loan schemes” certainly fit HMRC’s definition of tax avoidance – “artificial transactions that serve little purpose other than to produce a tax advantage”. No one is more fiercely against tax avoidance than I am. My dole of sympathy for film investors and trust users would not fill a small teaspoon. I have criticised contractors – including some radio and TV presenters – for pretending to be companies to reduce their tax bill by paying themselves, and sometimes a spouse as well, in dividends rather than wages. 

But there are aspects of the government’s latest tax crackdown which leave me very uncomfortable. 

Richard Horsley of the Loan Charge Action Group, a campaign group, says those involved had little choice. “Many thousands of people have been funnelled into these schemes as prerequisites for taking up a job. And a lot of the time this came from employers and clients and through agencies. These people are nurses and social workers, for example, not financial experts, and they took this advice in good faith.” 

He also says that for many years HMRC accepted self-assessment forms referring to the schemes which were properly revealed under the Declaration of Tax Avoidance Schemes (Dotas) rules. The key court case involved Rangers Football Club. From 2001 to 2008 it paid some of the wages of well-remunerated players and staff into a trust which then lent the money back to the individuals. 

It was only in July 2017 that the Supreme Court finally ruled that “the emoluments or earnings and payment to [the trust] should have been subject to deduction of income tax”. 

Lawyers disagree whether that case applies to the much lower profile contractor loan schemes. 

But Mel Stride, Treasury minister, now claims “these schemes have always been ineffective. They have never worked. They have always been tax avoidance.” Before it knew it would win the Rangers case, the government decided to bypass any debate about the lawfulness of these schemes by taxing the money anyway. It proposed a new law so any payments for work received as a loan would be subject to a “loan charge” equivalent to the tax that would have been due if the loan had been paid as wages. 

By simply imposing a loan charge on the money, this law avoids HMRC being mired in thousands of individual appeals about whether the schemes do or do not work under normal tax rules. The loan charge law received Royal Assent last November, allowing it to be levied on loans back to 1999. 

That 20-year range is normally reserved for blatant acts of criminality, such as not handing over VAT or hiding income. 

One social worker who faces a bill of tens of thousands of pounds which, she told Radio 4’s Money Box programme, will mean she has to sell her home said: “I may be stupid, naive, and misinformed, but a criminal I am not.” 

Mr Stride told me the legislation is “not retrospective”. 

I struggle to see how a law passed in 2017 that gives the state power to tax receipts back to 1999 is anything but. I am told lawyers agree and a judicial review seems likely. HMRC is using this new law to chase people who are not wealthy for life-changing amounts of money which many simply do not have. 

HMRC says the median pay of those affected is twice the national average and promises that those earning less than £50,000 will be given five years to pay. But even that is hardly generous. On a tax debt going back 10 years an individual would be paying triple tax until 2023-24. Campaigners ask why the government is not prosecuting the agents who sold these schemes, or chasing the employers who paid the wages gross to offshore firms without deducting tax and national insurance, as the Supreme Court now says they should have. 

Mr Stride responds that it would be unfair on people who paid their taxes if those who avoided doing so did not have to pay the full amount. For some reason the phrase “low hanging fruit” keeps coming to my mind."

Whatever the rights and wrongs of avoiding tax by use of a loan scheme, the actions by HMRC and the government in clawing back tax dating back to 1999 is retrospective taxation; something that the government and HMRC must not be allowed to get away with.

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"

HMRC Hiring Real People Persons

Whilst candidates need to be "real people persons" they don't need any formal qualifications.

Here is a summary, full details can be found here:

Location

Preston, North West

About the job

Job description

Are you a friendly and enthusiastic person? Do you have brilliant communication skills? Do you have a passion for excellent customer service?

As a Customer Services Consultant at HMRC, you’ll need to be a real people person. Our consultants are the voice of HMRC, helping customers get their taxes right, on the phone, via letters or emails and webchats.

No previous experience is needed. You bring your great communication skills and commitment to our customers, we’ll provide you with all the training you need.

This is important work. We collect the money that pays for the UK’s public services like schools and hospitals and help families and individuals with targeted financial support such as tax credits. We help the honest majority to get their tax right and make it hard for the dishonest minority to cheat the system.

We are looking for dynamic individuals who can handle enjoyable and difficult conversations in equal measure. Everyone can bring something different to HMRC and we pride ourselves on being a fully inclusive employer. To be successful in this role you will have good communication skills, both written and verbal, as well as basic numerical skills. You will have the ability to provide accurate information to customers quickly and clearly and take calls from all sectors of our community which can be challenging at times.

Our customer services centres are open 7 days a week 8am to 10pm – your working patterns will fall within these times. You will need to be flexible with your working pattern should you be successful in your application. You’ll be employed on a 5 out of 7 contract, and be expected to work five days out of seven days covering various working patterns between 8am and 10pm, usually 37 hours per week. Part-time and job sharing working opportunities (minimum 24 hours per week covering various patterns) can be considered but business need will dictate whether your request can be accepted. Please only continue with your application if you are able to commit to this work pattern.

We offer competitive pay, good benefits and career opportunities. So, if you’re a good communicator and are friendly, enthusiastic and flexible, you’ve just found your perfect role.

These roles are coupled with the fantastic opportunity of being an apprentice! HMRC are investing in its people and as an apprentice within HMRC, you’ll have a first-rate opportunity of working in an energetic and transformative organisation – one of the world’s leading tax authorities - while gaining an industry recognised qualification to help you forge your future career

HMRC is a modern and diverse workplace, committed to promoting and ensuring equality and valuing diversity. We will not unlawfully discriminate in any aspect of employment.

We want HMRC to reflect the diversity of the communities we serve. HMRC is at its best when it reflects the diversity of the country as a whole and is able to understand what the public needs.

If you have a disability and require help and support with any part of the recruitment process, please refer to the Customer Service Consultant Candidate Pack for information.

Competencies

We'll assess you against these competencies during the selection process:

• Delivering at pace
• Managing a quality service
• Leading and communicating

Civil Service Competency Framework

Benefits

Pensions

Civil Service pension schemes may be available for successful candidates.

Things you need to know

Security

Successful candidates must pass a disclosure and barring security check.

Successful candidates must pass basic security checks.

Nationality statement

Candidates will be subject to UK immigration requirements as well as Civil Service nationality rules.

If you're applying for a role requiring security clearance please be aware that foreign or dual nationality is not an automatic bar. However certain posts may have restrictions which could affect those who do not have sole British nationality or who have personal connections with certain countries outside the UK.

Selection process details

This vacancy is using the Civil Service Competency Framework. Guidance on writing competency examples is available: A brief guide to competencies

As part of the application process you will be asked to complete a personal statement.

Your personal statement should be between 300 and 500 words and aligned to the Civil Service Competency Framework which you will find attached to this advert. We will score the statement against the Managing a Quality Service Competency - Level 1. (This can be found at section 9, page 40 of the Competency Framework).

Personal Statement Question:

1. Can you describe a time when you have delivered great customer service? What did you do and what was the outcome?

Further details are included on the application.

Tests

We do not require candidates have any formal qualifications for this role, however you will be required to demonstrate a satisfactory level of numerical and verbal ability. Therefore, once you have completed and submitted your application, you will be invited to complete the Numerical and Verbal online tests.

You may wish to have paper, pens and a calculator ready for completing these tests. You will receive instructions on how to complete the tests when you are invited. You must be successful at each stage to progress through to the next test.

Please complete the online tests as soon as possible (we recommend you complete these within 24-48 hours of submitting your application).

There will be scheduled maintenance on the Verbal and/or Numerical Reasoning Test(s) on the following date(s):

21/09/2018 - 22:00 - 06:00

If you attempt to access the test(s) during this time it/ they will be unavailable.

You will need to ensure that you have fully completed all the required tests by Midnight on the 3rd October 2018, failure to complete all online tests before their deadline will result in your application being withdrawn.

Do not leave completing the tests until the last minute in case you experience any access or technical issues. There may not be technical support available after business hours and after 3pm on closing date of 3rd October 2018.

While the tests should work on most operating systems and modern browsers with a good internet connection, we cannot guarantee that every combination will work. At the beginning, the test will check which browser you are using, and alert you if it is likely to be incompatible.

It is highly recommended that you complete the online tests on a desktop computer, not a mobile phone or tablet.

Should you be successful on all tests you will be placed on a merit list in score order and may be invited to an interview dependent on your score and position on the merit list. Candidates who pass the tests but not invited to interview will be placed in a candidate pool and may be called for interview at a later date.

HMRC reserve the right to increase or decrease the pass mark in order manage successful applicant volumes.

Please be aware that HMRC take very seriously any incidences of cheating. This includes plagiarism of someone else's work. Any instances of plagiarism or other forms of cheating will be investigated and if proven the relevant applications will be withdrawn from the process.

Your personal statement will be used as a tie-breaker to calculate merit list order should there be tied scores after interview.

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"

HMRC Can't Have IR35 Cake and Eat It

IPSE reports that HMRC just shot itself in the foot wrt IR35:

"Earlier this year, marketing and business development consultant, Susan Winchester, launched a claim in the Central London Employment Tribunal against HMRC, the agency Kinect Recruitment Ltd and three other parties in the contractual chain. It was for £4,200 in unpaid holiday pay under the Agency Workers Regulations.

Ms Winchester’s company, SJW Marketing Solutions Ltd, was originally engaged by HMRC in September 2016 to provide marketing services.

With the changes to off-payroll rules in the public sector about to come into force, HMRC ran the engagement through the controversial Check Employment Status for Tax (CEST) tool and determined that IR35 applied.

HMRC then required Ms Winchester to go onto an agency payroll, a decision that could not be challenged.

Ms Winchester claimed that as she was then effectively an agency worker under the regulations, she was therefore entitled to a clear, transparent amount of holiday pay and to the same holiday entitlement as employees of HMRC.

On the morning the tribunal was due to start, the parties agreed to settle the case for the full amount being claimed."

IR35 changes will backfire, if HMRC and the government insists on treating contractors as workers then the obligations associated with being a worker automatically follow!

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"

HMRC "Sharing" The Burden of MTD

Very good of HMRC to finally let people know about this huge, enforced change to accounting that will take months to implement. We've already done the necessary work for our clients, but what about unrepresented businesses? https://t.co/wlNDezVUhe

— Charlie Carne (@charliecarne) September 18, 2018

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"

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"

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"

Lead By Example, Or Shut The Fuck Up Welby!

When vast companies like @AmazonUK pay almost no tax.

When they don't pay a real living wage.

When they leech off the taxpayer without contributing to our society.

Then there is something wrong with the tax system.

My speech at @The_TUC today: https://t.co/kboRSQw8hR pic.twitter.com/rOw6fKWDNL

— Archbishop of Canterbury (@JustinWelby) September 12, 2018

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"

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"

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

‘Reasonably absolute’...thanks for clearing that up then. pic.twitter.com/5JT9GMjASk

— phil manley (@pmanley82) September 10, 2018

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"

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"

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"

No Deal Technical Notices

HMRC issue "no deal" technical notices covering VAT on goods and services supplied between the UK and EU (imports, exports, Distance Selling), TOMS, MOSS and cross-border VAT refunds. Detail is light but updates are expected.https://t.co/ByLXNXvjc9https://t.co/QgoXykdHgr

— Kevin Hall (@KevinHallVAT) August 29, 2018

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"

The Archbishop of Canterbury is Hypocritical Idiot!

Raising taxes would make people happier, says Archbishop of Canterbury https://t.co/g311ebuAQt

— The Telegraph (@Telegraph) September 5, 2018

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"

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"

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"

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"