HMRC's Bed Bug Problem

 

Last summer, in the HMRC office in Ipswich staff started noticing bites on their legs and arms. At first, they thought it was just mosquitoes. But then they started seeing the bed bugs themselves.

HMRC tried to get rid of the bed bugs with chemical treatments and steam cleans. But nothing worked. The bed bugs kept coming back.

Soon, the bed bug problem started to spread to other HMRC offices. Now, there are bed bugs in HMRC offices all over the country.

HMRC has tried everything to get rid of the bed bugs. They've even brought in sniffer dogs. But nothing has worked.

The bed bug problem is causing a lot of problems for HMRC employees. They're getting bitten all the time. They're having to take time off work to go to the doctor. And they're worried about bringing the bed bugs home to their families.

The bed bug problem is also causing problems for HMRC taxpayers. HMRC employees are so worried about the bed bugs that they're not able to focus on their work. This means that HMRC is taking longer to process tax returns and answer taxpayer questions.

Is it possible that the bed bugs have been caused by staff bringing in mattresses and duvets into offices?

Tax does have to be taxing.

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HMRC At Risk From Massive Hack

 

The UK is at risk of a massive security breach that could see bank account details and national insurance numbers leaked because of the government’s failure to upgrade Whitehall’s ageing computer system, The Independent can reveal.

HM Revenue and Customs (HMRC) has sounded the alarm over its “old and ageing IT systems”, sparking warnings from experts that hackers could steal taxpayers’ sensitive data or leave the UK open to the threat of Russian and Chinese hackers.

The risk to the UK’s entire taxation system came as parliament’s Treasury committee prepares to grill HMRC chiefs and board members over the issue, as well as other topics, today.

“This risk is red due to continued reliance on old and ageing IT systems with an increased risk of inability to meet operational needs,” the accounts, signed off by HMRC boss Jim Harra state.

The chair of parliament’s Treasury committee, Conservative MP Harriett Baldwin, said the warning was “concerning” and that she would be demanding answers from HMRC officials.

She told The Independent: 

“It is concerning that our taxation systems, which support our key public services, could potentially be harmed permanently because of out-of-date IT equipment.

I am sure the committee will seek answers on this issue during our regular scrutiny sessions with HMRC.”

By the time HMRC even begins to try to sort this out, the hack will have already occurred!

Tax does have to be taxing.

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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

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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"

Ecclestone Admits Tax Fraud

 

Bernie Ecclestone, the former boss of Formula One, has admitted fraud after failing to declare more than £400m held in a trust in Singapore.

The 92-year-old billionaire did not disclose the trust when asked by tax authorities if he had wealth overseas.

Ecclestone has agreed in a civil settlement to repay £653m to HM Revenues and Customs, the court was told.

He had originally been due to stand trial next month after initially pleading not guilty.

He is due to be sentenced later.

Ecclestone arrived at Southwark Crown Court with his wife Fabiana and spoke only to tell the judge "I plead guilty" and confirm basic details.

He was charged following a tax investigation by HMRC, which said the probe had been "complex and worldwide".

Prosecutors say he declared "only a single trust" to tax authorities, which was established on behalf of his daughter.

According to the charge, he had told HMRC he was "not the settlor nor beneficiary of any trust in or outside the UK".

But Ecclestone was charged when investigators uncovered evidence he stood to gain from the arrangement.

Speaking in court following Ecclestone's guilty plea, prosecutor Richard Wright KC said the defendant had knowingly given an "untrue or misleading" answer to HMRC when he told them he had no further trusts outside the UK.

He continued: "As of July 7 2015, Mr Ecclestone did not know the truth of the position, so was not able to give an answer to the question.

"Mr Ecclestone was not entirely clear on how ownership of the accounts in question were structured.

"He therefore did not know whether it was liable for tax, interest or penalties in relation to amounts passing through the accounts.

"Mr Ecclestone recognises it was wrong to answer the questions he did because it ran the risk that HMRC would not continue to investigate his affairs.

"He now accepts that some tax is due in relation to these matters."

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"