Those of us who drive conventionally-fuelled cars will have noticed that it costs significantly more to fill them up with petrol or diesel than it used to in years gone by. Over the course of this year, we’ve seen increases to as much as £2 a litre in some areas and although the average forecourt […]
HMRC are, as we know, the subject of regular letters of complaint in the press and justified criticism from professional bodies all add to the pressure. However, scoring an own goal like this simply makes things worse… As reported in the press recently, former Polish international goalkeeper, Łukasz Załuska and his wife Magda have spent the […]
Worried about HMRC’s increasing focus on fraud in Covid Support Schemes?
Earlier this year, John Glen, economic secretary to the Treasury, said that the government has “taken the issue of potential fraud relating to Covid grant schemes extremely seriously (but) it would have been impossible to prevent all related fraud.” In fairness to the government, the peculiarly stressful conditions of the last few years necessitated prompt and dramatic action. Yet […]
The vast majority of us want to pay our taxes fairly because we recognise that the money raised goes to help pay for public services. However, sometimes we make honest mistakes. HMRC then charges us interest on the back-tax owed. While we might not like it, most people understand why this happens. For example, according to the government’s […]
You may have read last week that a “working from home” loophole has been flagged up to the Chancellor and, as a result, will probably now be closed. This is because Treasury officials discovered that these benefits cost the government almost half a billion pounds in lost revenue during the pandemic. We know, from the emails we […]
M&S Accountancy & Taxation Ltd joins IR as the exclusive Tax (Accountants) Member in Scotland
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Catherine Sinclair of M&S Accountancy & Taxation Ltd. Catherine has joined IR as our exclusive Tax (Accountants) Member in Scotland. Much of Catherine’s work involves advising clients on both UK and US tax matters, putting to good use her experience with […]
