Member Since: 12th Dec 2000
11th Aug 2021
11th Aug 2021
Is it just me that gets depressed at the sheer pointlessness of all the above for your average small Company? The MTD entries where an accountant isn't involved (or even when one is, perhaps ;) ) will be interesting....
5th Aug 2021
Trouble with passing fine on to client in this instance would be client expectation - you've told them it might be late but you'll do your best, you've succeeded and they've signed off the figures in the nick of time - and then you tell them there will be a penalty anyway. From hero to zero in a flash....
28th Jul 2021
Maybe you could advise your client to give a local lad £10, a catapult and some ball-bearings?
Seriously, with a specific example given in the HMRC's manual stating that replacing single with double glazing isn't an improvement, no Inspector is going to launch an enquiry on the basis of the exact opposite to that example.
Further, I'd say that single glazing is now so outdated that replacement would be classed as a repair on the basis that a single glazed window is by definition at the end of it's useful life.
29th Jun 2021
Re deadlines, I'm thinking this may be a 30 June 2020 year-end, so already extended automatically.
26th May 2021
I would go old-school, write a full letter of explanation to HMRC and Companies House, ask for their guidance and suggestions, then do nothing. Should nasty chasing letters emerge, refer them to your correspondence. Full disclosure, mitigating circumstances - can't imagine penalties would be upheld at a later date if they need to be appealed.
18th Mar 2021
My take on audits is that they start with the premise that everything is correct, then look for evidence to support that theory. Until they become truly independent (imposed by a third party rather than appointed by the Company being audited) I can't see anything changing - in theory that's HMRC's role, but they don't have the resources to do that for every Company.
18th Mar 2021
When the "catch-up" Tax Returns were issued there should have been 3 months in which to file without penalty. If all years were issued at same time I would have expected 4 years fines now, so that seems odd. Were they submitted after the 3 months deadline? Can appeal on Covid-related basis be used (paper Returns, impossible to meet due to lockdown, blah blah...)
12th Mar 2021
Not done this for a long time, but there was an online legal firm I used (all totally above board) who would send a letter before action, at a cost of just £3! My personal take was that if the debt wasn't paid after they received that letter, pursuing through the Courts was likely to be a waste of my time and effort. The only time I did go through the Courts was prior to discovering the former route, I obtained judgment with an order to pay £1 per week, which they did for about a month then declared bankruptcy. A quick Google showed that (eg) Lovetts Solicitors still provide this service.
1st Dec 2020
Hmmm - no job, no money - on what basis would US accept him as a resident?