Member Since: 20th Jun 2009
3rd Mar 2018
I can't find myself getting exercised about this. I've spent the last 35-odd years giving my bank account number and sort code to all and sundry, as my bank has helpfully printed those details on my cheques. So far nobody's managed to use them to empty my bank account or commit any other fraud against me. And it's quite helpful if HMRC can repay me direct into my bank account.
20th Feb 2018
What’s the attrition rate of London-based start-ups compared with those from other regions? If it’s lower, is that because of EIS investment or other factors?
4th Jan 2018
'One of the chosen'? -surely that must make up for any minor inconveniences created by the government's stance on the taxation of earned income.
23rd Aug 2017
The parties who are being chased by the tax authorities are the parties who have not paid tax on their earnings. It's not HMRC's job to police the advisory community, or to compensate anyone who feels they've been let down by their advisors.
23rd Aug 2017
I have to say that the accounting/tax profession will not come out of this with their reputation enhanced.
Possibly not, but at least they'll have paid on their earnings. Or will do now.....
18th Feb 2017
Is this Hawksworth bloke taking the p*ss?
Also, who put the software nerds in charge of tax policy? And what are they going to do about the 150 years of tax case law: just ignore it in their rush to provide "simple" solutions?
Yes. Have you ever tried explaining tax law to a software nerd? They only understand binary.
13th Feb 2017
Pimlico Plumbers don't seem to be a particularly small operation, judging by the numbers of staff the ET appeal Tribunal reported them having. They're large enough to have written a staff conduct manual, they just didn't appear to have familiarised themselves with the obligations imposed by the Employment Rights Act. It's not rocket science: if you're going to get other people to deliver your business for you, you need to find out how to do that legally.
9th Oct 2016
Agree with the other commentators. All last summer's Budget did was increase the relief available under the rent a room relief scheme, from £4250 to £7500. As others have pointed out, the scheme has existed for many years and pre-dates the digital economy by several decades. The Tribunal decision is on a matter unrelated to the tax relief so the title of the article appears disingenuous whilst the article itself appears ill-informed. If I were the author I would prefer to correct the errors for reputational reasons.
20th Sep 2016
Part of the problem is likely to arise from the fact that HMRC's guidance material on Gov.UK isn't written by taxes-trained staff in HMRC, but is written by staff in the Government Digital Service whose remit is to produce content which can be readily understood by the general public. That's a laudable aim, but sometimes it seems that readability comes at the expense of technical accuracy. Unfortunately once something is on Gov.UK it can be seen as gospel by those unfamiliar with the actual legislation, including some HMRC staff and possibly software engineers who may be looking to this material to inform their work.
14th Aug 2016
I'd have thought para 1(2)(d) of Sch 5B TCGA might cause difficulties?