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How about us agents demanding a code of conduct of standards with HMRC, such as dealing with post within 60 days, answering the telephone in under 45 minutes, having competent staff to liaise with and being able to talk to dedicated specialist departments directly?
Standards for aggressive tax planning , money laundering ?
Hooray ; where the hell have HMRC been hiding for the last 5 decades. Good to see someone with a bit of [***] concentrating on the areas they should be getting to grips with.
However the successive incumbents in power having bastardised the Revenue service in virtually every other department , don't even whisper the words 'relationship' and 'standards' to me about any other area.
My concern is " the turn a blind eye syndrome ' .
In the late 1980s a well known recruitment agency sent me for an interview at a business based in a very large city. I was successful and attained the post .
The business was engaged in importing with a turnover of £8.000.000. And it was a 6 man family partnership assessable to schedule D case 1 income tax.
Immediately I created a double entry bookkeeping system and really felt proud to be putting the business records on a proper footing. I was quite shocked that the acting tax agents -a two man partnership Chartered accountants had been happy to accept the status quo of crude records. I discovered that the stock figure in the accounts was understated by £1 million plus and that at the year end the unpaid purchases /imports for resale were a guess at £350.000. Imports were not being ' purchase day booked as goods arrived into the warehouse.
By week 3 of my attendance I discerned that the precedent acting partner was ' dipping in the till' and over 5 years ' the till dipping ' in aggregation was £1 million. Every 3 months he would go to the safe and put £60.000 in a carrier bag and take it home with him. He would then raise documents to cover the fraud as a legitimate expense.
Not only was he depriving Inland revenue of £80.000 income tax a year ( 40/100 × 200.000) he was purloining from his fellow family partners.
In 1997 at Crown Court I attended as number one witness for the prosecution brought by HMIT and myself ( I had notified the Special Compliance Team) The precedent acting partner was jailed for 18 months and ordered to pay over.£400.000 plus interest . ( 40/100 × 1.000.000)
Surely the acting tax accountants should not have allowed this fraud in the figures submitted. The accountancy fee was £5000.
For my services HMIT sent me a big five figure cheque. The head special compliance guy - tax inspector was promoted.
The tax payers business partnership came to cessation and the big warehouse was sold to discharge the court imposed tax bill.
I am King Edward V1 Grammar school educated ( classics ) with BSc honours in political sciences and criminology. My interests : politics. American Cocker spaniels. Foreign travel. Playing guitar (1969 fender stratocaster )
MY political stance is slightly left of centre - social democracy. Sadly I have witnessed so much dishonesty within business and capitalism letting us all down.
The Tory retrenchment of the welfare state has thrown us into crisis.
Wholesale revision is needed - public and private enterprise with more scrutiny on capitalism. There is no alternative.
My concern is " the turn a blind eye syndrome ' .
In the late 1980s a well known recruitment agency sent me for an interview at a business based in a very large city. I was successful and attained the post .
The business was engaged in importing with a turnover of £8.000.000. And it was a 6 man family partnership assessable to schedule D case 1 income tax.
Immediately I created a double entry bookkeeping system and really felt proud to be putting the business records on a proper footing. I was quite shocked that the acting tax agents -a two man partnership Chartered accountants had been happy to accept the status quo of crude records. I discovered that the stock figure in the accounts was understated by £1 million plus and that at the year end the unpaid purchases /imports for resale were a guess at £350.000. Imports were not being ' purchase day booked as goods arrived into the warehouse.
By week 3 of my attendance I discerned that the precedent acting partner was ' dipping in the till' and over 5 years ' the till dipping ' in aggregation was £1 million. Every 3 months he would go to the safe and put £60.000 in a carrier bag and take it home with him. He would then raise documents to cover the fraud as a legitimate expense.
Not only was he depriving Inland revenue of £80.000 income tax a year ( 40/100 × 200.000) he was purloining from his fellow family partners.
In 1997 at Crown Court I attended as number one witness for the prosecution brought by HMIT and myself ( I had notified the Special Compliance Team) the precedent acting partner was jailed for 18 months and ordered to pay over.£400.000 plus interest . ( 40/100 × 1.000.000)
Surely the acting tax accountants should not have allowed this fraud in the figures submitted. The accountancy fee was £5000.
For my services HMIT sent me a big five figure cheque. The head special compliance guy - tax inspector was promoted.
The tax payers business partnership came to cessation and the big warehouse was sold to discharge the court imposed tax bill.