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.
HMRC has outlined a change in VAT policy to the treatment of dwellings that have been formed from either the construction of new buildings, or from the conversion of non-residential buildings
Let us hope that valuable asset protection vehicles are not made prohibitively burdensome or abolished in the desire to “simplify” IHT
Freelancers and micro-businesses still need more information about the government’s plans to make tax digital
The government is pressing ahead with changes to the way it taxes individuals with a foreign domicile