Member Since: 7th Jan 2002
22nd Nov 2016
I never thought I would have to use language like this to describe what has happened to the accountancy profession ...............
"We've been shafted".
Somebody is going to have to pay for this software. The government (HMRC) won't; most clients won't; so that leaves the accountants.
And I haven't thought about the time cost yet!
17th Nov 2016
There's always one isn't there? And guess which one HMRC will be using to support their statements that MTD is an opportunity rather than extra work for the vast majority of businesses for no benefit?
27th Sep 2016
"The agent will then be able to spend their time giving the business advice about growth or being more profitable."
Provided the client wants it and, if they do, are willing to pay for it.
27th Sep 2016
"the way the government plans to get a return on that [£1.3bn] is to reduce the tax gap caused by error".
Really? So taxpayers will be submitting more accurate information when MTD is introduced. Pigs might fly.
And then people wonder why we don't respond to MTD.
15th Sep 2016
Yet more spin from HMRC.
"HMRC illustrates this with an example of a taxpayer unaware that his recent new van for business entitles him to claim capital allowances"
More importantly does it stop the taxpayer analysing it as motor expenses and will it restrict capital allowances if necessary?
12th Sep 2016
I'm concerned that we will have to adopt whatever "security" HMRC decides we should have rather than what we can work with efficiently.
After all what defence is there if we aren't using what HMRC provide to improve security?
9th Sep 2016
"........the weakness in the taxpayers’ defence was that they did not present any evidence or records to support their view of what the correct split of zero and standard rated sales should have been."
And the fact that ".......the daily takings of £514 and £408 on these two days were much higher than the daily average of £200 declared in the records."?
11th Feb 2016
Whatever happened to the multitude of promises by successive governments to ease the burden of regulation on small businesses?
They were telling lies.
5th Feb 2016
And I thought the jokers in Parliament were trying to reduce red tape.
10th Dec 2015
Why is the HMRC flood support page dated 12 February 2014 and the link to UK Government out of date?