Member Since: 19th Sep 2000
2nd Sep 2021
I don't think that the threat of withdrawing a practicing certificate is much of a threat. The partner concerned will just get a well-paid job with the client and continue to laugh all the way to the bank.
No, there has has to be a realistic chance of hard jail time for those who do wrong. Nothing less will do. Conspiracy to defraud sounds like a viable charge. A conspiracy needs two or more players - the client and the partner will do. And the shareholders will, more than likely, have been defrauded.
Forty years as a practicing accountant (who got out of audit ASAP) have taught me this.
6th Jun 2019
If the phone companies can block HMRC phone numbers from spoofing, why can't they do the same for all numbers?
20th Aug 2015
Independence is all...
In response the Post Office set up an independent inquiry ...
By definition, the Post Office CANNOT set up an independent inquiry. Only inquiry members appointed and paid by someone other than the Post Office can be truly independent.
The Post Office is in a hole - it really ought to stop digging.
22nd Aug 2011
Statements of account
I can add a new wrinkle to this. A client has a one-man company he traded through until September 2009. I was only appointed to do annual accounts and tax return - he did the PAYE. He was ill for a while and could not file returns, so he simply paid the estimated demands as and when they arrived. I didn't know this was happening.
I have tried to sort this out on the phone with HMRC, but it is not at all clear that the payments he made have been properly allocated to the right years, and transferred to other years as necessary, where there have been overpayments. It is clear from conversations with the PAYE office that there are now many adjustments / transfers on the account.
I have been asking for a statement of account (since February 2011 ...!). Only last month, after a demand from the DMU arrived, did they tell me that "we are no longer resourced to send out statements of account". The obvious question is why did no one tell me that sooner, and the subsidiary point is: how can that be an efficient use of resources? The person I spoke to seemed genuinely apologetic, and I was careful to stress I wasn't shouting at him personally. He suggested I write in with the details I know, and they will write back with additional transactions on the account. I did this, in the confident expectation that no proper response will come (does a proper response ever come from the DMU?), and I will have to escalate the matter with another complaint.
The lack of joined up thinking at HMRC is quite stunning. If the statements were available online, this would have been sorted out a long time ago.
In view of the recent crop of cases, the discussion over the penalties is going to be interesting.