MANY THINGS leave us baffled here at TS towers. Accounting standards. Tax. The popularity of the Great British Bake-Off. The list is sizeable.
We can now add HM Revenue & Customs’ decision to organise a VIP service at Westminster Abbey later this month to recognise the department’s work collecting revenue.
Does HMRC deserve recognition? Also, we at TS Towers don’t recall tax collectors receiving the fondest of treatments in the Bible.
Still, if any organisation needs God on its side in its work, HMRC does.
Hat tip to Ken Frost for spotting this story.
CIot urges HMRC to consider a delay to the 1 September 2017 introduction of its new corporate offence of failure to prevent the criminal facilitation of tax evasion
HMRC intends to extend the date for withdrawal of transitional relief on investment growth from 30 November 2016 to 31 March 2017
The current business rates system is over-complex and reform is needed, but reforms should focus first of all on simplifying the appeals process, particularly for businesses which are subject to business rates exemption
The CIoT has called on the government to rethink its approach to ensuring online sellers pay the correct amount of VAT.