Author Archive

Working from Home

If you’ve been working from home over the past few months, you may well save on travel costs and lunches, but you’ll run up other bills, including heating and electricity. Some employers give their staff an allowance to cover those excess costs but some do not. If not employees can still claim a small reduction in their taxes for the time they were forced to work at home and not out of choice.

Rather than have to calculate exactly ...

World Wide disclosure Facility

Worth it’s weight in gold for those still sheltering their offshore assets from HMRC

Those UK residents having overseas assets tend to be the wealthier in society and HMRC are likely to recover far more for the Crown from such assets.

HMRC receive masses of information on overseas bank accounts and property now ...

Penalties for what HMRC define as deliberate behaviour are higher than for those who took reasonable care or were simply careless.

How do I explain myself?

Is ignorance of the law an excuse.

I buried my head in the sand!

How do I present my case to HMRC to achieve the lowest penalty available?

It’s all about good behaviour from day one!

Call me for more advice – 07584 706 664

First UK prosecution for Furloughing fraud

A 57-year-old West Midlands man has been arrested as part of an HMRC investigation into a suspected £495,000 Coronavirus Job Retention Scheme fraud. Eight other men have also been arrested in a linked investigation.

The arrest took place after a search of premises in the Solihull area which led to the seizure of computers and various other digital devices. Funds in a bank account relating to the man’s business have been frozen. A suspected multi-million pound ...