Thursday, 22 December 2022

HMRC Mistakenly Issue High Court Winding Up Petition Against Doncaster Rovers


 

The insolvency hearing had been listed for 11am yesterday at the High Court in London and related to a HM Revenue & Customs (HMRC) tax bill, which had already been paid.

A HMRC error saw the payment allocated to the wrong month, subsequently making it appear overdue.

That triggered action against the club, including an application to close the company down.

HMRC has since been in touch with Doncaster Rovers to acknowledge their mistake.

The club now considers the matter to be closed.

A spokesperson for HMRC said they cannot comment on individual cases ‘due to strict confidentiality rules’.

In a statement, HMRC told The Free Press: 

“We take a supportive approach to dealing with customers who have tax debts and only file winding-up petitions once we’ve exhausted all other options, in order to protect taxpayers’ money.”

Tax does have to be taxing.

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Friday, 16 December 2022

HMRC Delays MTD Again!


 

The Government is set to delay introducing its Making Tax Digital self-assessment tax system for the self-employed and microbusiness owners until April 2026.

Previously, the Treasury was due to drag 4.2 million self-employed workers and small businesses into filing quarterly Making Tax Digital returns from April 2024.

Only in September 2021, the Treasury announced the deadline for MTD would be postponed for 12 months from April 2023 to 2024.

The reason, according to an exclusive in the Times, is that HMRC computer systems are not ready, despite Making Tax Digital being first announced in early 2015.

It is clear that HMRC is useless and not fit for purpose!


Tax does have to be taxing.

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Monday, 12 December 2022

HMRC's Bereavement Team - A Class Act!

 




Tax does have to be taxing.

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Saturday, 3 December 2022

HMRC's Phone Line Clusterfuck


 

HMRC has closed all of its phone lines and can't say when they will reopen, leaving taxpayers with urgent queries in the lurch.

On Friday morning HMRC warned no one would be able to reach the department on the phone after “technical issues” forced it to shut all lines and some online services. Its National Clearance Hub line, for help moving goods in and out of the UK, remains open.

The Telegraph understands HMRC suffered similar issues on Thursday. The outage comes as millions of taxpayers prepare to submit annual tax returns, due at the end of January. Christmas is usually HMRC’s busiest time of year.

More than 12 million people filed self-assessment returns in the most recent tax year.

In addition, in last month’s Autumn Statement the Chancellor reduced the threshold for the top rate of income tax, extended the freeze on the personal allowance and cut tax-free allowances on dividends and capital gains tax.

Taxpayers will be keen to speak with HMRC to clarify their tax codes and bills.

Harriett Baldwin, Conservative MP for West Worcestershire and chairman of the Treasury Committee, said it was “seriously concerning” that taxpayers were unable to reach HMRC by telephone.

Ms Baldwin added:

“These unexpected outages should be a thing of the past. That’s why I’ve today written to the head of HMRC to demand urgent answers on the issues facing customers over the past 24 hours.”
HMRC did not give any indication as to when its phone lines might be up and running again.

A spokesman for HMRC said: 

"We are working urgently to resolve an issue which has meant we’ve had to temporarily close most of our phone lines. We apologise to those affected and will reopen them as soon as possible. We encourage people to use our online services, which are open."


Tax does have to be taxing.

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Thursday, 24 November 2022

MTD's Five Potential Failure Points - Elaine Clark


 

Elaine Clark has written a pithy summary of the five things that could (let's be honest, will) go wrong with MTD in 2024.

-Communication

-Transition

-Volume

-Errors and Corrections

-The Nitty Gritty

The full article can be read here.

Tax does have to be taxing.

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Tuesday, 22 November 2022

"Clearance Duties", "Brokerage fees" and Other Bollocks


 

Certain well known shipping companies have been happily trying to scam recipients of packages sent from abroad by adding "clearance duties", "brokerage fess" and other such nonsense all under the guise of "Customs and Duties" invoices.

Guess what children?

It transpires that they are taking he piss, and trying to pull a fast one. HMRC are aware of this, and frown upon it.

Those of you who receive such an invoice, are more than welcome to use this proforma letter that I have successfully used on more than one occasion: 

"Thank you for your invoice ***** for £** (dated ***).

 

Please be advised that as no explanation was given, despite repeated requests, as to what the charges were for (prior to the attempted delivery today) the delivery was refused.

 

However, subsequent to the attempted delivery an explanation was received.

I will pay the customs duties of £**.

However, please be advised that I refuse to pay the Brokerage Fees/Admin Fees of £**; since at no point was I made aware of, nor did I agree to, any terms and conditions which clearly stated that I would be liable for any such charges.

 

At no point in the transaction, and subsequent attempted delivery, was any contract for a clearance of administration charge made between *** and myself.

 

I paid the supplier for delivery, and would expect that any international clearance fees be factored into the initial cost of such a shipment.

 

The £** is not a duty or tax, as such you should not use a duty/tax invoice to try to claim it.

I will be making HMRC aware of this, as they have in the past publicly criticised companies for doing this.

 

If you wish to pursue further charges for delivery or administration or the terms upon which goods are shipped, I suggest that you take it up with the company who shipped the goods initially.

Please resubmit an amended invoice for me to pay, and advise me as to when delivery will be made.

Thank you.

 

Kind regards"

 



Tax does have to be taxing.

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Thursday, 10 November 2022

HMRC's Stunning Improvement in Call Waiting Time

 

HMRC reduced the average waiting time on its phone lines from 14 minutes 49 seconds in March to 14 minutes 2 seconds in quarter 2 of 2022 to 2023.

That's an improvement of 47 seconds.

Champagne for everyone!

Tax does have to be taxing.

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Wednesday, 9 November 2022

HMRC Miscalculating CGT on Non Residents' Property Sales


 

Where a taxable gain arises on a UK residential property disposal the taxpayer must report this gain through the UK property account service and pay the tax due within 60 days of the completion date. It is reasonable to assume that the HMRC online system would correctly calculate the gain based on the figures reported.

For UK residents the UK property account does appear to calculate the gain correctly based on the figures supplied.

However, where the taxpayer is not a UK resident, HMRC has confirmed on the Agents Forum that the service does not calculate the gain correctly, and the system may even tell the taxpayer there is nothing to pay.

Spiffing, another HMRC IT design fail!

Tax does have to be taxing.

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Thursday, 3 November 2022

HMRC Screws Up Customs Declaration Service


 

An error in the UK’s post-Brexit IT border system disrupted companies bringing goods in from the European Union, raising costs, adding bureaucracy and snarling deliveries.

HMRC made a change to the government’s Customs Declaration Service -- which businesses use to generate forms for imports from the EU -- prevented some traders acquiring necessary paperwork on Tuesday.

T he change was introduced overnight on Tuesday. The problem: the new tariff code didn’t work. Trucks were held up at customs depots because their forms were being rejected. As one customs agent put it: The government had screwed up.

HMRC on Wednesday reversed the position, and now claims that the problem has been resolved.

 
Tax does have to be taxing.

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Friday, 28 October 2022

The "Grey" Area - Avoidance vs Evasion


 

The Yorkshire Post reports that HMRC has individuals under criminal investigation for offences classified as relating to disguised remuneration and the loan charge.

A spokesman for HMRC made the comments in response to a joint report from the All-Party Parliamentary Group for Anti-Corruption & Responsible Tax and TaxWatch which recommended that HMRC changes its approach to enforcement by using existing criminal law to prosecute the advisers behind the most aggressive tax avoidance schemes.

The report argues that much that is claimed to be "legal" tax avoidance is actually criminal tax fraud.

An HMRC spokesperson said: 

“HMRC is committed to tackling tax avoidance schemes targeted at individuals and the amount lost through them has fallen by two thirds since 2013/14.

We continue to make it harder for promoters to sell tax avoidance schemes and to reduce demand, stepping up our efforts to warn individuals about the risks of being drawn in to avoidance, and helping them to get out of a scheme once they realise that they might be caught up in one.”

HMRC has not clarified how many "promoters" have been prosecuted.

Tax does have to be taxing.

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Tuesday, 25 October 2022

HMRC Targets Dodgy Granny Annexe Claims


 

The Telegraph reports that HMRC has clawed back millions of pounds from buyers making “granny annexe” tax relief claims. The amount recovered has increased by almost 400% in the last three years, according to a Freedom of Information request by accountancy firm RSM.

Chris Etherington, of RSM, said: 

“They are going to war on granny annexes.”

The loophole – officially known as “multiple dwelling relief” – allows buyers to pay less stamp duty if they are purchasing properties that are linked. This can include a portfolio of buy-to-let properties, or a house with an additional self-contained dwelling, such as a granny annexe.

The presence of an additional dwelling can save thousands in stamp duty. A buyer claiming multiple dwelling relief divides the total sale price by the total number of dwellings and pays stamp duty on the average cost.

The system has become open to abuse. In one case, a buyer purchasing a seven-bedroom house claimed that an en-suite bedroom qualified as a separate dwelling because it had a built-in wardrobe with an electric socket.

This claim was thrown out by HMRC and the buyer was ordered to pay extra tax.

In the tax year ending April 2022, HMRC investigated 222 claims for multiple dwellings relief and recovered £5.8m in falsely claimed stamp duty relief.

This was a surge of 383% compared to the £1.2m recovered in the tax year ending April 2019, the last full year before the pandemic, when HMRC made 124 dwelling relief investigations.

HMRC has warned of a surge in buyers and homeowners being targeted by tax reclaim agents and lodging incorrect claims.

An HMRC spokesman said: 

“We want to help those eligible claim MDR while ensuring the right tax is paid. Our analysis indicates that up to a third of MDR claims are incorrect.”

Tax does have to be taxing.

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Tuesday, 18 October 2022

Does HMRC Have The Capacity To Handle MTD?


 

Elaine Clark makes a very good point.

Does HMRC have the capacity?

Views and comments always welcome.

Tax does have to be taxing.

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Monday, 17 October 2022

Hunt Nixes Repeal of IR35 Reforms


 

Back to the future!

It's going to be very busy for those in the accounting and tax industry!


Tax does have to be taxing.

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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"

Monday, 10 October 2022

The Dangers of Deeds of Assignment

 

The number of people complaining to HMRC about companies claiming tax repayments on their behalf has more than tripled in two years, a Money Box investigation has discovered.

Many say this is happening without their knowledge or permission.

HMRC admits there are significant concerns about repayment agents and is "considering its next steps".

The complaints are about what are called "deeds of assignment".

There have been 1,808 complaints so far this year, compared with 545 in the whole of 2020.

A deed of assignment is when a person signs over their right to something, usually money related, to someone else to claim on their behalf.

When used properly, by legitimate tax repayment companies, they can help people get money they probably wouldn't otherwise manage to claim for.

The market is unregulated and open to abuse.

John Strawbridge is retired and two months ago he received three letters from HMRC.

The letters explained the £974 of marriage allowance John had claimed for would be paid, as requested, to a tax repayment company.

The problem was John had never heard of the company involved, had never claimed the money and, two months on, has still not seen a penny of it.

He is quoted by the BBC:

"It was a great shock.

I'm always very careful to fill in all my income tax and any other form and keep copies so... I spoke to my wife and said 'what on earth's going on, we haven't done anything about this. We'd better find out what's going on.'"

The danger comes from adverts on social media which ask people if they would like to check if they are eligible for refunds etc. Within these forms is a box which people are invited to tick allowing the company to claim on your behalf.

Tax does have to be taxing.

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Thursday, 29 September 2022

HMRC's Granular Permissions

 


A new feature within Agents Services Account, which HMRC is calling “granular permissions” or “access groups”, allows Agents Services Account (ASA) administrators within a firm the ability to create groups into which they can add clients and internal team members who need to work on their tax files. Only team members added to a specific group will have access to the clients in it.

HMRC is currently trialling the access control functionality with a small number of tax agents of varying sizes as part of a private beta test. The feature will then be rolled out to the wider agent community.

However, HMRC has not given a timeframe for this.

More details of the access controls and screenshots of the feature are available in the following briefing from HMRC: Granular Permissions or Access Groups.

Call me a cynic, but wouldn't time, effort and money be better spent on improving/building up frontline services?


Tax does have to be taxing.

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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 accountant's (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"

Friday, 23 September 2022

IR35 Reforms To Be Scrapped

"We will repeal 2017 and 2021 reforms to IR35."

Kwasi Kwarteng 23 September 2022

Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"

Friday, 16 September 2022

Budget Day 23 September


 

Budget Day or Tax Reducing Fiscal Event Day, take your pick!

Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"

Wednesday, 14 September 2022

Taxi!


 

Under its data gathering powers HMRC may request data from business intermediaries/apps who enable or facilitate transactions, which includes data that relates to an account or system that payments are credited into. 

This, for instance, allows HMRC to request details of taxi drivers who have received payments through the relevant booking app. 

AccountingWeb reports that HMRC has exercised this power recently, and as a result it has identified individuals who may have under-declared their income from driving taxis or private hire vehicles. Over the next few weeks, HMRC will write to around 4,000 of those drivers. 

This is a small proportion of the estimated 300,000 taxi drivers in the UK, but HMRC has indicated that this will not be the end of its investigations into this sector. 

Where there is undeclared income HMRC asks the taxpayer to make a voluntary disclosure using the HMRC’s online disclosure service. In such cases it would be prudent to seek advice from tax investigation specialist before attempting to make a declaration. 

The HMRC letter also asks the recipient to sign and return a certificate of tax position within 30 days. 

The Chartered Institute of Taxation (CIOT) advises that there is no legal obligation on the individual to complete the certificate of tax position and return it to HMRC. Also, the period covered by the certificate of tax position – and therefore the declaration – is not restricted to a particular tax year. It applies to all years and has no de minimis level.

The taxpayer should be advised of the serious consequences of making a false declaration. If the individual believes their tax affairs are correct and up to date, and they don’t need to make a disclosure, it may be better to respond by letter to HMRC rather than complete the certificate of tax position.

In all cases the taxpayer, or their tax agent, should reply to HMRC within the deadline to indicate what course of action will be taken.

Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"

Monday, 12 September 2022

Inheritance Tax


 

King Charles III leads by example and is exempt from paying inheritance tax, one of the more absurd taxes that the state has created.

Dump it!


Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"

Friday, 2 September 2022

Disjointed Government Thinking Fouls Up Tax Publications


 

As per Rebecca Cave:

"One of the design principles of GDS is that documents should be published as HTML not as PDFs on gov.uk. This is because as GDS says in its blog: “Compared with HTML content, information published in a PDF is harder to find, use and maintain. More importantly, unless created with sufficient care PDFs can often be bad for accessibility and rarely comply with open standards.”

This has the unintended consequence that when information is only available from HMRC in a PDF it is not published quickly, and sometimes not published at all, on gov.uk. "


Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"

Tuesday, 30 August 2022

Ross Martin Tax Free MTD Survival Guide



Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"

Friday, 26 August 2022

HMRC's Post Covid Staff Shortages


 

When all else fails, as it always does, blame Covid!

Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"

Tuesday, 23 August 2022

Schroedinger's IR35 Review


 

Liz Truss may/or may not review IR35 if she becomes PM.

She told The Sun that IR35 reform, introduced under then-chancellor Rishi Sunak – her rival for No 10, is wrongly “all about trying to treat the self-employed the same as big business.”

Truss may have been referring to the IR35 assessments that organisations now run needing to be conducted by contractors, where those contractors’ clients are neither mid-sized nor large.

Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"

Thursday, 18 August 2022

HMRC Demands 1p


 

A former tax adviser was sent a letter asking him to pay back a penny – despite the postage costing more than the amount he owed.

Javier Damaso received the automated notice – which contains incomplete computer-generated sections – after leaving his role at HMRC.

He was given 21 days to pay back the outstanding balance on his final salary after quitting his job in Glasgow to become a full-time carer.

The headline reads ‘overpayment of salary -£0.01’, with his former employers telling him they were ‘obliged to seek recovery of overpayments’. 

He sent HMRC a penny back in an envelope.


Tax does have to be taxing.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

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 accountant's (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"