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9am Lowdown
AccountingWEB

9am Lowdown: Peter Andre, Brexit bill & head of HMRC

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13th Mar 2017
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This morning’s Lowdown features Peter Andre trying to claim a defamation suit as tax deductible, the Brexit Bill, and Richard Murphy reveals what he would do if he was head of HMRC. 

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HMRC takes Peter Andre to court

The Sun has revealed Peter Andre as being the mysterious celebrity Mr D that tried to retain he’s anonymity at a tax tribunal.

As previously reported on AccountingWEB, Andre’s legal team argues that the legal fees used to fight his ex-wife, Katie Price, over defamatory remarks she made should be tax deductible. His team inists that the impending court case costs included on his 2010/2011 tax return should be deductible because he was protecting his reputation.  

 The Mysterious girl singer also claimed tax relief on improvements to install security gates at his home to “protect him and his family from the attention of the media and the fans”.

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Article 50 could be triggered Tuesday

Theresa May could trigger Article 50 to start the Brexit proceedings as early as Tuesday once the House of Commons and House of Lords have debated on the Brexit bill today.

According to the BBC, MPs are likely to overturn the Lords' amendments to the bill, and did not expect peers to try to block the bill any further. BBC’s Vicki Young said that this means the bill could be “done and dusted by midnight” tonight.

Labour leader Jeremy Corbyn has urged the prime minister to keep the Lords amendments to protect the rights of EU citizens. “"The issue of the rights of EU nationals to remain here is a decent human one and part of our economic success or not - because if we lost those working in the NHS, then we damage our own health service, we damage our own economy," he told Radio 4’s Today programme.  

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What would you do as head of HMRC

Richard Murphy has written a blog explaining what he would do if he was head of HMRC.

The fair tax campaigner outlined five priorities: first he’d set up an Office for Tax Responsibility. Then, he’d put capturing data as a priority, which will require a commitment to country-by-country reporting.

Murphy would follow HMRC and make tax digital but not the approach it’s currently taking. “The aim should be to reduce taxpayer time expended in most cases, and not increase it,” he said. Next, he would increase the number of staff to in turn increase the number of audits.

And finally, he writes: “I would want HMRC to help taxpayers, who would never, ever, be referred to as customers. Those who want to reduce risk by asking for tax clearances on uncertain situations would be encouraged to seek them, but they would be charged, just as a professional adviser would.”

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By DotasScandalDotOrg
13th Mar 2017 12:12

"that tried to retain he’s anonymity"
"inists"
etc.

Man, for the love of all that is good, please use a grammar AND spell checker. Yes, we're all in a hurry, but it's not that hard.

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