Happy RTI Day! - No Backup Plan

As per Andrew Brooks:

"RTI. Lin Homer to the Parliamentary Accounts Committee on 31-10-2012. HMRC has no back-up plan. #PAYE #RTI"

Spiffing!

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.

Click the link to read about: Tax Investigation for Dummies

HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

HMRC Downtime - Good News Everybody!

Most of HMRC's online services are down, because of an IT upgrade.

In theory "normal" services will resume from 6am Saturday.

There is some "good" news though, an HMRC spokesperson has told AccountingWeb that the downtime will "definitely" not affect RTI.

Hoozah!

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.

Click the link to read about: Tax Investigation for Dummies

HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

RTI Goes Live Tomorrow

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.

Click the link to read about: Tax Investigation for Dummies

HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

HMRC's Jolly Junket To Pakistan II - The Wrath of Ken

On Tuesday I wrote that HMRC are sending some of its experts to Pakistan to offer advice on how to increase its tax take.

I made a couple of "radical" suggestions:

1 Why don't we simply stop paying aid to Pakistan?

2 Why don't the HMRC experts stay at home, and help advise HMRC resolve its own issues wrt tax collection?

I am gemused to see that the UK media and our "respected" political "elite" have suddenly woken up and have realised that sending money to this corrupt country is idiotic. My thanks to a loyal reader, who noted that the Express Tribune reported on the level of corruption in Pakistan in December 2012.

The BBC reports that the International Development Committee said British taxpayers should not be paying for health and education in Pakistan, while rich Pakistanis were paying little tax. The UK government should withhold extra aid to Pakistan unless the country does more to gather taxes from its wealthier citizens.

Quite!

Now, the question is will sending HMRC to Pakistan help end the corruption and help it improve its tax take?

The answer?

No, it will not!

The IDC called on the Department for International Development (DfID) to work with other donor countries and the International Monetary Fund to push for reform of Pakistan's tax system and back a national campaign to build domestic political momentum for change.

No recommendation (or even mention) of sending HMRC to Pakistan.

Funny that!

I wonder if they know that HMRC are about to fly out there?

As I noted, HMRC has its work cut out for it in the UK as it struggles to restore credibility to the UK tax system.

It is absurd to waste the scare time and resources of HMRC (ie the funds of UK taxpayers) on a fruitless trip to a corrupt failing country.

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.

Click the link to read about: Tax Investigation for Dummies

HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

HMRC's Five Year Drop Ins - Put The Kettle On!

HMRC has decided to get heavy with those who eg evade VAT and those who become deliberately insolvent in order to "avoid" paying tax.

The new "heavy approach" will begin a programme of unannounced visits from tax officials, combined with in-depth compliance checks on those who have already received tax penalties over a period of two to five years.

The press release issued by HMRC on the subject appears more akin to an article in a tabloid "news"paper, rather than an official announcement of a "reworked" policy by a government department:

"Tax cheats who become insolvent to dodge their companies’ tax obligations face up to five years’ scrutiny from HM Revenue and Customs (HMRC)."

The "reworked" procedure (seemingly the Managing Deliberate Defaulters (MDD) scheme, which was launched in 2011 and aimed to keep tax cheats on the straight and narrow through close monitoring didn't work - otherwise why replace it?) will include evaders who:

* have received a civil evasion penalty for dishonestly evading VAT; or
* are required to give a security deposit for VAT, Environmental Taxes, PAYE or NICs; or
* become deliberately insolvent as a way of dodging their business taxation obligations.

David Gauke, Exchequer Secretary to the Treasury, is quoted:

"Increasingly, evaders are using contrived insolvency to evade tax, either through liquidation of a business or bankruptcy of an individual. 

It is only fair that someone who has deliberately tried to evade tax should face extra scrutiny from HMRC."

Given that HMRC are also providing voluntary home visits to those who want help with taxes (as it will be closing its enquiry centres) I wonder if there are sufficient staff within HMRC to be able to "drop in" as frequently as implied?


Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.

Click the link to read about: Tax Investigation for Dummies

HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

A Jolly Junket To Pakistan

I am gemused to read that HMRC are sending some of its experts to Pakistan to offer advice on how to increase its tax take.

No, this isn't a late April Fools' joke!

Seemingly Justine Greening, the International Development Secretary, believes that helping Pakistan raise more tax could have a benefit for Britain; as it would enable the UK Government to scale back aid payments.

Errmm, here's a couple of "radical" suggestions:

1 Why don't we simply stop paying aid to Pakistan?

2 Why don't the HMRC experts stay at home, and help advise HMRC resolve its own issues wrt tax collection?

I trust and assume that the junket team will be avoiding areas that are prone to drone strikes?
 

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.

Click the link to read about: Tax Investigation for Dummies

HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"