COVID-19 HMRC Clearance Applications

As per Rossmartin.co.uk:

"HMRC have advised that due to COVID-19 they are currently unable to deal with certain clearance applications, the stamping of documents or the payment of stamp duty by post.

Non-statutory clearance applications, stock transfer forms for stamping and stamp duty relief applications must all be sent by email, with stamp duty payments to be made electronically by Faster Payments, Bacs, or CHAPS.  

Statutory clearance applications can already be sent to HMRC by email. As yet HMRC have not issued any guidance about whether they will continue to accept postal applications but it is assumed that they will not."

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.

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HMRC Closes Parliament Square, Euston Square and Canary Wharf Offices

It would appear that #Hmrc has now closed their 100 Parliament Square office completely, as well as Euston Square and Canary Wharf.

All meetings cancelled til July due to Covid19 (and us pointing out last week how irresponsible it is by #JimHarrassment keeping them open)!

— GlobalLoanChargeAlliance (@loan_global) March 30, 2020

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.

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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 Role In The Self Employed Income Support Scheme

HMRC will pay the single lump sum direct into people’s bank accounts (scheme summarised here).

Individuals should not contact HMRC.

HMRC will use existing information to check potential eligibility and invite applications once the scheme is operational.

I understand, please correct me if I am wrong, that HMRC will be creating some form of digital portal for this?

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.

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"

HMRC Helpline Number Changed For Covid-19

Tax helpline to support businesses affected by coronavirus (COVID-19)

New HMRC helpline launched to help businesses concerned about paying their tax due to coronavirus (COVID-19).

Published 11 March 2020
Last updated 26 March 2020 — see all updates

From:

HM Revenue & Customs

HMRC has a set up a phone helpline to support businesses and self-employed people concerned about not being able to pay their tax due to coronavirus (COVID-19).

The helpline allows any business or self-employed individual who is concerned about paying their tax due to coronavirus to get practical help and advice. Up to 2,000 experienced call handlers are available to support businesses and individuals when needed.

If you run a business or are self-employed and are concerned about paying your tax due to coronavirus, you can call HMRC’s helpline for help and advice: 0800 024 1222.

For those who are unable to pay due to coronavirus, HMRC will discuss your specific circumstances to explore:

• agreeing an instalment arrangement
• suspending debt collection proceedings
• cancelling penalties and interest where you have administrative difficulties contacting or paying HMRC immediately

The helpline number is 0800 024 1222 - and is an addition to other HMRC phone contact numbers.
Opening hours are Monday to Friday 8am to 4pm. The helpline will not be available on Bank Holidays.

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.

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"

HMRC Special Treatment For Expats Stuck In The UK

HMRC has issued advice to British expatriates stuck in the UK due to coronavirus over tax residence rules.

HMRC will allow special treatment to be given to expatriates that face risking their non-residence tax status through being stuck in the UK longer than anticipated.

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.

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"

IR35 Change Delayed Until April 2021

Chief Secretary to the Treasury Stephen Barclay has told MPs that the IR35 rule change would now come into effect on 6 April next year.

Mr Barclay, speaking in during a Commons debate on the Budget, said the change was part of the measures announced to protect the economy from the coronavirus outbreak.

He said the decision was “a deferral, not a cancellation, and the government remains committed to reintroducing this policy”
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.

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"

Rishi Conflates Avoidance With Evasion

In yesterday's Budget Rishi Sunak has pledged extra funding to support HM Revenue & Custom's crackdown on tax avoidance, which the chancellor said would create an additional £4.4bn in revenue over the next five years.

Rishi Sunak said funds created by an upcoming "clampdown" on tax "avoidance, evasion and non-compliance" would be funnelled towards the NHS.

Mr Sunak said:

"I am announcing a package of measures today to clampdown on aggressive tax avoidance, evasion and non-compliance including extra funding for HMRC to secure £4.4bn of additional revenue."

Seemingly the proposal will see 1,300 staff added to operational teams within HMRC, intended to improve its compliance work and debt collection capabilities. 

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.

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"

Tax Helpline to Support Businesses Affected by COVID-19

Tax helpline to support businesses affected by coronavirus (COVID-19)

New HMRC helpline launched to help businesses concerned about paying their tax due to coronavirus (COVID-19). 

Published 11 March 2020

From:

HM Revenue & Customs

HMRC has a set up a phone helpline to support businesses and self-employed people concerned about not being able to pay their tax due to coronavirus (COVID-19).

The helpline allows any business or self-employed individual who is concerned about paying their tax due to coronavirus to get practical help and advice. Up to 2,000 experienced call handlers are available to support businesses and individuals when needed.

If you run a business or are self-employed and are concerned about paying your tax due to coronavirus, you can call HMRC’s helpline for help and advice: 0800 0159 559.

For those who are unable to pay due to coronavirus, HMRC will discuss your specific circumstances to explore:

• agreeing an instalment arrangement
• suspending debt collection proceedings
• cancelling penalties and interest where you have administrative difficulties contacting or paying HMRC immediately

The helpline number is 0800 0159 559 - and is an addition to other HMRC phone contact numbers.
Opening hours are Monday to Friday 8am to 8pm, and Saturday 8am to 4pm. The helpline will not be available on Bank Holidays.

Read more about further support for those affected by COVID-19

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.

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"

Happy Budget Day!

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.

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"

HMRC Glitch Delays Lisa Payments

HMRC has suffered a systems glitch that led to Lifetime Isa clients across all providers not having their bonus paid on time this month.

Under the Lisa rules, the government will pay a 25 per cent bonus each tax year, which can be up to a maximum of £1,000 if the individual saver puts in £4,000 a year

The FT reports that in a letter sent out to its 70,000 Lifetime Isa clients on Wednesday (March 4) Hargreaves Lansdown said HMRC was experiencing a "technical error", which meant the revenue had not been able to send the money yet.

It is understood the issue affected every provider of the Lifetime Isa product.

According to the letter, Hargreaves was "working with HMRC" to resolve the issue and get the bonus paid to clients "as soon as possible" and by yesterday afternoon (March 5) Hargreaves reported the issue had been resolved and payments would be made in due course.

Danny Cox, spokesman for Hargreaves Lansdown, acknowledged that payments were "slightly delayed from HMRC" but said: "These have now been received and are on client accounts. We will write again to let clients know."

It is understood HMRC had identified an issue with a small number of claims, which prevented bonus payments being processed as usual.

An HMRC spokesperson said:

“We are aware of a technical issue, which has delayed the payment of Lifetime Isa bonuses. The issue has now been fixed and outstanding claims for bonus payments are being processed. We apologise for any inconvenience caused.”

Given that digital is meant to be the bright new future of taxation in the UK, "wee glitches" such as this do not inspire me with confidence!

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.

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"

The Loan Charge Is "Bad Policy"

Sir Ed Davey, chairman of the all-party loan charge group, said the loan charge was a "bad policy" that had caused misery to many people and was "very bad for the economy".

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.

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"

Harra Throws His Toys Out of The Pram

HMRC CEO Jim Harra has written to the co-chair of the Loan Charge All Party Parliamentary Group (APPG) to “strongly reject” its claims the tax collection agency has “deliberately misled” the public over its loan charge enforcement activities.

The cross-party group of MPs made the accusation on Twitter on 27 February 2020 in response to an HMRC announcement detailing the arrests of five individuals on suspicion of fraud connected to promoting arrangements designed to side-step the government’s controversial loan charge policy. 

The Loan Charge APPG described HMRC’s press release as “wholly unacceptable” for “deliberately misleading” readers by “conflating arrests for alleged fraud with those who entered into loan schemes”.

This point is directly contested by Harra in his letter, seen by Computer Weekly, which is addressed to Loan Charge APPG co-chair, Sir Ed Davey, and dated 28 February 2020.

“The press notice does not suggest users of disguised remuneration schemes are also committing a fraud. It clearly states the promoters have been ‘arrested on suspicion of fraud in connection with promoting arrangements designed to get around the loan charge’.

In view of the seriousness of the latest allegations the APPG has made against us, I assume you will want to bring this response to the attention of APPG members and will arrange for it to be published on the APPG’s website.”

The APPG is penning a suitably worded response.

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.

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"

I am a Taxpayer, Not a Customer!

I expect to be called a taxpayer, as that’s what I am. If I’m a customer, I have the choice to take my business elsewhere...

— Rich Bannister (@rugbydick) March 2, 2020

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.

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"