SINCE writing my last blog I have been away to sunny Spain for ten days. It’s always a struggle to return especially after having such a great time with the family. One thing that struck me about Spain was how cheap things were. Granted we were visiting friends in a non-tourist area, so prices were always going to be less than the over inflated tourist areas. Property prices were cheap too compared to where I live now. I think if the kids were a bit older I would be tempted to up sticks and move. I could quite happily service 90% of my fee base from the beach…
Back to earth with a bang however and I’m here to stay for a few years longer at least. I have a couple of clients who have HMRC enquiries ongoing that are starting to come to a conclusion. One of them we had to pass over to a PAYE expert to assist with the final stages of the enquiry.
A former HMRC inspector herself, she has been invaluable in fighting the client’s corner. Her invoice is due to land soon however. This coincides with a meeting I have lined up next week with a company wanting to sell me a fee protection package for my clients. I did offer this to clients about five years ago, some of them took it up and some didn’t. None of them renewed after the first year however. I know
I will feel slightly awkward when I write to the client who is about to receive a large invoice from the PAYE expert, offering him the fee protection going forward. He would more than likely have saved himself the best part of £10k if he had renewed the insurance from previous years. I can’t be responsible for everything though can I?
I’m sure it’s not just me but I do have feelings of guilt when HMRC find something wrong with clients records. There is no insurance I can buy to make that feeling go away. Not even PI does the job!
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay