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Why are the Government and HMRC going after this lot alone.

  • Thread starter Thread starter Bodd
  • Start date Start date
Didn’t exactly take a lot of working out. I wasn’t misled by it.
No, me neither.

But bodd did type identical text (veratim and with the same capitals) for both the thread title and his opening post i.e. Why Go are the Government and HMRC going after this lot alone.

At first I thought he was referring to Gove.
 
So.. back on track...

HMRC will go after you if you under pay your taxes. If you cooperate you will get a substantial discount on the penalty. Our tax rules (which are pretty much the same as other countries) require you to determine the correct amount of tax to pay under threat of prosecution if you get it wrong. Its a bit like being done for shop lifting, if a shop doesn't put prices on things and you pay less than they were asking.. Or have a very complex book requiring an expert to decode the prices. Its doesn't sit right in a world where they could pull all the information they have anyway (bank accounts, pay slips, investments etc) and ask you to validate it.

However, You can't expect to suddenly get 85% of your income because some "advisor" says its a loan, when it isn't. The individuals owe the money and HMRC will give them time to pay if they cooperate.
 
Our accountants work out our corporation tax and personal tax based on the information we give them. We still have to sign the accounts though so we are responsible for them.
 
he called you 'no seal' in his spelling thread.
Yes, but that was more like a spelling error. His opening post and thread title was more cryptic simply because he deliberately repeated it leaving people to try and guess what he meant.

Poor luv then went off on one when Notchy queried it.:rolleyes:
 
Our accountants work out our corporation tax and personal tax based on the information we give them. We still have to sign the accounts though so we are responsible for them.
That's pretty much how ours work.
 
They are liable to you for any professional negligence.

I think in this case a company basically set-up a payroll scam taking a slice of the "saved" taxes.
 
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