Member Since: 27th Jul 2012
22nd Jun 2020
Surely, pursuing claims of fraud is going to be really difficult, and raise difficulties for HMRC, employers and employees. We know the CJRS 'rules' were 'incomplete' at the beginning and have since been subject to continual 'clarification'. It's reasonable to say genuine errors will have occurred in calculating furloughed pay and in claiming the grant. And there will be some employees who inform HMRC of fraud when in fact there was a misunderstanding (whether on their part or of their employer) or they are disgruntled with their employer.
Yes, HMRC must pursue employers that have deliberately made fraudulent claims. We'll hear of some HMRC 'successes' but surely the reality is that HMRC does not have the resources to pursue every claim of fraud or even check the accuracy of furloughed pay.
16th Jan 2020
"... giant issue with fees proved a foe for Fife last year."
Great story by the way.
Data entry errors are commonplace. The failure is essentially that the software producing the actual payment did not flag the size of the payment. The blame rests with the 'management.
What did the internal auditors have to say?
27th Jun 2019
The article doesn't explain how the error(s) occurred.
I imagine Tesco will not want to reveal the reason(s) just in case of prejudicing any restitution legal action.
The error rate works out at between 2.2% and 3.3% - perhaps not so bad?
And in my experience finalising termination payments for any number of staff is often conducted against the clock - which is rarely conducive to 100% accuracy.
It's a truism, that it's usually when things go wrong that 'payroll' gets noticed. Is that also true of accountancy, I wonder?
6th Jun 2019
Great article John.
Sales people just love any new feature in the products they're tasked with selling to get the edge over the competition. Not a surprise, really.
AI is just another feature which I suspect will very short-lived, overtaken by something else soon.
4th Mar 2019
Good sensible comments about 'AI' and automation.
24th Jan 2019
"Payroll software has been the sick man of accounting technology for many years"
Certainly an attention seeking headline! But some might think 'sick man' is exaggeration, relying on promotional material content rather than evidence.
I enjoyed reading the article.
25th Jun 2018
This comment resonated: "it is preposterous to expect that a document on HMRC’s website which is not easy to find for a tax judge makes invalid all possible excuses about not knowing of the NRCGT return deadlines”
Did the judge use GOV.UK to try and locate guidance I wonder? Some think GOV.UK is a hindrance to locating important and relevant info.
31st May 2018
Francois - this is a great article.
20th Apr 2018
A few days ago I recalled briefly some analysis undertaken by Bath Uni I think in the mid '90s about employers' accuracy in calculating SMP (and SSP). The error rate was high - 30% or so of cases had an error IIRC.
25th Jan 2018
AI - the computer - will require programming, even if it is to evaluate information/data and make a decision.
The range of responses/action the AI could take may have to be determined/restricted (eg insufficient data to identify a course of action other than refer the decision/action to a human).
AI has to 'learn', which may be achieved by trial and error - but that requires huge amounts of experiences / data and 'feedback' (ie was the response /action correct - indeed, what is 'correct'?).
Trial and error. Did the AI operating the Tesla car that caused a collision and the death of the human 'driver' last year 'learn' from its mistake? If so, how? Has Tesla re-programmed the AI?
AI offers significant opportunities to improve so many things, but we should be aware of its limitations.