Member Since: 3rd Jun 2015
6th Apr 2020
All very fair, but does it also work the other way around?
Where tax or penalties have been enforced in very unusual circumstances where enforcement of the legislation is clearly not in the spirit or underlying intention of the law.
I had one such case only a couple of months ago. HMRC were not interested, "the law is the law", end of story.
19th Jun 2019
Nothing surprises me anymore, certainly after the complete mayhem and weakness of the management of Brexit.
Just goes to show how little thought and planning was given to the matter. Tantamount to abuse of power and privilege with no real consequence of messing it up.
Might be a case for a wealthy individual/business to contest in the courts.
5th Jun 2019
I often wonder when HMRC will wake up to the real world.
Agents provide a significant amount of the compliance needs of taxpayers and know nearly if not everything about their clients, but are dissuaded from setting up a PTA and handing access and control over, why? Can someone explain it to me because I have missed something major here.
Rightly or wrongly I have been granted access to PTAs where the client is totally confused with the information and what some of it means, in order to be able explain what they are looking at. Part of this arising from lack of interest or time from the taxpayer.
There is clearly a mission to make taxpayers independent and more in control, but with it the ensuing mess in more than a few cases will set the mission back. Agents accessibility may be and should be a useful aid to its effectiveness.
29th May 2019
I had a mistaken identity case exactly as you describe many years ago which gave my sensitive client the scare of his life to the point he felt as if capital punishment was his destiny.
The "Inland Revenue", as it was called then, realised their error and apologised, little condolence for my client.
29th May 2019
In some cases, and certainly with appeals, a big stumbling block are the initial generic letters and getting past them and to actual sensible consideration of the matter in hand.
I find it often takes two or three attempts to get progression.
I too remember "Back Duty" cases. I think much of this type of work hasn't changed a huge amount, just the descriptive wording and the channelling of the procedure. Got worse, if you ask me, but then I often feel that is some cases, particularly where the client is looking to gain, there are early barriers to wear you down in the hope you go away! Maybe it's just me and I am getting old and easily irritated by unecessary delays when I need to get on!!
22nd May 2019
MTD very simple eh? Thank you HMRC for your relaxed and confident message.
Clearly, there will be errors, which will be ironed out during the initial period, but one thing is for sure many small business will quickly discover that it is not the perceived click away from being done. Systems need configuring correctly and reconfigured as and when, and to remember that no software provider will take any responsibilty for difficulties, errors or rookie use of its software which may lead to errors, not to mention continual training and know how.
I just hope that as proposed the initial penalty regime shows due consideration to the necessary learning curve required to get this up and running.
Progress in all walks of life need to be made and technology plays a huge part of that, but the great danger is always that complacency will cause huge issues and make us all very lazy and expectant that the "magic" tech will do it all for us in a fraction of the time! Presumably, giving us more time to troubleshoot errors and discrepancies!
26th Apr 2019
This move is clearly progressive, and we are all swept along to its mercy.
Correctly used the tools are undoubtedly of great benefit, but I am discovering more regularly that with it the quality of the output is often unreliable and falling, due to the primary goals of streaming and inputting data with clinical speed and low cost being the main objectives.
The end product, based on the basics, is also becoming "that'll do accounting", which in turn, certainly for SMEs, makes a mockery of accounting principles and is aided by cash accounting being a sufficient basis for accounts preparation and income declaration.
All this effectively makes the work easy for anyone who can operate an App but is fraught with dangers most have given little thought too and most cannot easily rectify.
As I have said many times, cheap can be expensive in the long term.
10th Apr 2019
Governement purse strings really are tight. Direct taxes are at breaking point so its careful scrutiny for every other nook and cranny where they can squeeze more from.
Perhaps they should try wasting less!
Some while ago it was intimated that there was an under current of intent by HM government to reduce the number of accountants out there, preferably to the more sizeable organisations. This move adds a little more weight to that.
I'm sure its an upshot of Brexit, as everything will be for ever now.
9th Apr 2019
Saved me a lot of typing!
The prisons are full, courts are increasingly more lenient and we have May saying, quote, "we can't arrest out of the problem".
We have bureaucratic individuals and departments managing bureaucracy. Perhaps such should be redeployed in dealing with the problem on the front line.
I trust the MLR procedures in Westminster have been ramped up too, given some of the questionable financial transactions being reported, and they are the ones being reported!!!
I am compliant, but resent every minute I waste on it.
3rd Apr 2019
I think this cycle can easily be rolled out to apply to many policies and general decisions made by central and local government.
The biggest and most sensitive will be those affecting Brexit, where Brussels will no doubt resist modifications it cannot benefit from. Hence the mess and protracted affair that it has become. Sorry off point!