Shambles is the right word - amended coding notices on a daily basis, usually wrong, trying to collect last year's coding adjustments as if they are underpayments, ignoring multiple employments and to this we now have assessment notices issued where paper returns submitted that are just nonsense. We have to assume that there are no longer people at HMRC who understand what they are doing. MTD is not looking like a good idea!
I had one like this a couple of years ago which started because the client had returned gross interest as net interest because the bank (NatWest) had changed the way they dealt with interest. Full on into accounts and everything.
I got an interview with the HMRC inspector and all was revealed. It was a training exercise for a trainee investigator. Everything supplied and they went away happy and presumably trained!
You may not be suffering the same situation but you never know. They may, of course, be testing you for the future.
I had one like his a few years ago where all communications were ignored.
The issue of a statutory demand had a motorcyclist deliver a cheque the next day.
Mind you they were making a bond issue at the time.
The funds letters from FC and the like get sent to Companies willy nilly, some are dead, some in the process of striking off and some just people you wouldn't lend to if you looked at their balance sheet. This is a mailing list from Companies House with no supervision at all. I certainly wouldn't lend them 2.5p
One potential software supplier suggested that if documents, SA100s and the like, were sent by post they would have to be registered mail. One can see the point and not every person has a computer so it looks as if the Post Office might look to a rise in turnover. Judging by the stuff they lose or don't deliver the registered mail suggestion doesn't seem far-fetched. At least if the letter does go astray and there is a data breach you can say you tried.
Another problem is understamping letters. The Post Office has a different view in some cases and it takes about a month to recover or deliver understamped letters.
So we encrypt our sensitive emails, register our post, waste tons of time worrying about it all and ticking boxes and government officials leave their computers on a train and the NHS exports its patient data to whomsoever it chooses. Do you get the impression that like the FCA this is just a way of keeping the dole queues down and people in imaginary employment. It did come from the EU, needless to say, even if HMG is very keen to set it up as a new revenue stream.
Is anyone else totally disgusted and unimpressed by the whole fiasco?
Absolutely correct and the consequences of the current hiatus in dealing with anything but Brexit will be disastrous
Yes I noticed your comment after the post. He was however punted as being available to entertain at dinner parties at £10,000 per attendee.
At least that is my recollection of the flyer I saw. Presumably Caviar and champagne and ???? What could be worth that sort of money?
As I understand that the cost of being allowed to dine with DC is not insubstantial how about "Why on earth do you think people would pay such a large sum to dine with a former advertising exec?" Oh, sorry, did someone say he had been a Prime Minister as well?
His legacy - the destruction of the Conservative Party and possibly Corbyn as our first Communist Prime Minister. And all because he couldn't negotiate with the EU or didn't want to.
Not much point in expecting help from the Accountancy bodies. I had a case some years ago where an accountant was, Director, shareholder and Auditor of a Company. Was his accounting body interested? Not at all - they couldn't help. (He had been a member of a committee of the relevant body which might be indicative of why they were disinterested.)
Nothing to do with the post but a thought crosses my mind about MTD.
I presume that at the end of the day there will be millions? of people subject to MTD. Each of these will submit data to HMRC which will have to be stored somewhere secure and referenced to the 'customer'.
Assuming that something will be done with this data (seems unlikely to me with the reduction in staff) there will have to be a reconciliation to the year end figures which will be more data received. Where is HMRC's Computer to cope with this storage? Who has designed the program and algorithms to work the system or is it yet another " notify us of money laundering problems and we'll sit on it for ten years or so until the 'customer' has ceased or died and we won't have to do anything."
It all seems to me the most preposterous waste of time and money and if you add in the time taxpayers and their agents will have to waste I should think productivity as a notion will reduce even further.
On top of that, of course will be the needless queries because someone has put an old invoice on the system and the brought forward figures have changed.
Whom the Gods would destroy they first drive mad!