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Doing the decent thing

jon May 27, 2009 ethical, HM Revenue, HMRC, hobby, loss, losses, small business, trust No Comments

Sometimes in my line of work we have to lift our heads from what we are doing and take a step back. Are we really doing the right thing? Today I was asked to quote for dealing with the accounts and tax return of what purported to be a business. The owner was concerned at the level of fee he was paying his present accountant for the preparation of the annual accounts and tax returns.Having had a look at the work involved, I quoted a fee that was apparently much the same as the amount charged by the … Continue Reading

What’s cooking with HMRC, MPs and networking?

jon May 11, 2009 barbecue, budget, capital gains, customers, Darling, evasion, HM Revenue, HMRC, small business, trust No Comments

It was interesting to meet HMRC representatives at the Essex Branch CIOT/ATT meeting last week, and they seemed a pleasant and friendly bunch. However, of the contingent of six (v attendance of only about 25 members) a couple had come all the way from Yorkshire to Chelmsford. I could not quite see how this was cost-effective.I took the trouble to make notes, but cannot see on re-reading them that I really learned very much. One lady was able to assure us that they were working hard to improve the website, including the deplorable search function (generally it is … Continue Reading