HMRC Is Shite

HMRC Is Shite
Dedicated to the taxpayers of Britain, and the employees of Her Majesty's Revenue and Customs (HMRC), who have to endure the monumental shambles that is HMRC.

Wednesday, 17 January 2018

HMRC Investigating Over Half of Britain's Largest Companies


HMRC investigations into large companies took 34 months on average in the year to the end of March 2017, up from 31 months in the previous financial year.

Pinsent Masons, the law firm that obtained the data, said the figures reflected HMRC’s increasingly aggressive approach to tackling corporate tax avoidance and a growing unwillingness to cut deals with large companies.

Ian Hyde, a partner at the firm, is quoted by the FT:
HMRC is digging its heels in and not backing down, even when there is a sensible settlement to be reached. Giving businesses certainty over the legal and tax environment is an important part of a smooth-running economy. Leaving these investigations open for three years at a time does not help that.
I was surprised at the HMRC response, wrt how many companies they investigate (spoiler alert over half the UK's largest businesses:
We subject large business to an exceptional level of scrutiny. At any one time, we will be actively investigating more than half of the UK’s 2,100 largest businesses."
Now, that either means UK businesses are inherently dishonest/incompetent; or, HMRC thinks that they are inherently dishonest/incompetent.

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Monday, 15 January 2018

Tax Guidance Too Complex For Gov Website!



Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Friday, 12 January 2018

HMRC Is "Not Credible"


The public accounts committee has concluded, as we all have, that HMRC would struggle to deal with the pressure of Brexit and its own internal changes. Additionally, PAC are "far from confident" that HMRC can deal with the tax avoidance allegations made in the wake of the Paradise Paper leaks.

HMRC believes Brexit alone could add 15% to its workload, the report said.

HMRC is undertaking 15 major transformation projects, according to the MPs' report, involving the closure of offices around the country, relocating staff to 13 regional centres and and making tax returns digital.

The public accounts committee said that was now "not deliverable" as originally envisaged because of pressure on HMRC.

PAC quoted HMRC itself saying it was "not credible" to continue with its transformation programme as it is. It said HMRC had to "be clear about what it will do differently... and what the impact will be on customer service".
Committee chairwoman Meg Hillier is scathing:

"What was already a precarious high-wire act is now being battered by the winds of Brexit, with potentially catastrophic consequences.

Action arising from allegations in the so-called Paradise Papers could also significantly increase the authority's workload.

HMRC accepts something has to give and it now faces difficult decisions on how best to use its limited resources - decisions that must give full consideration to the needs of all taxpayers."
A spokesman for HMRC said they were "fully focused on making the UK's exit from the EU a success" and was on track to be able to deal with "a significant increase in customs declarations at the border" by January 2019.


No worries then!

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Wednesday, 10 January 2018

The Sunlit Uplands Outside of Tax!



Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Tuesday, 9 January 2018

Napoleon Is To Blame For Our Tax Woes!



Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Saturday, 6 January 2018

HMRC Experiencing System Problems


HMRC have just tweeted this:

"We are aware of issues affecting some of our online services. We are working to provide an urgent fix for the problem and apologise for any inconvenience caused."
Chris White just tweeted this:

VAT down (deadline for filing tomorrow), PAYE filing down, CIS filing down, self assessment filing down.... in many years of being an accountant and seeing HMRC's online systems go from infancy to today this is about as bad as I ever remember it. Everything's broken today!


Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"