This time next week...
Discussion
You seem to get more than your fair share of these-perhaps the horrible approach doesn't work.
I've only had one and I took the "oh thanks I didn't realise that-how helpful you are" approach. It seemed to work as they didn't spend much time with us and let me off a couple of things as long as I promised to do it right next time.
I would suggest to be very polite but not overly forecoming with information unless asked specifically. Mind you if treating them like animals for a few days floats your boat then why not but maybe your energies would be better spent elsewhere. Rise above it I say.
I've only had one and I took the "oh thanks I didn't realise that-how helpful you are" approach. It seemed to work as they didn't spend much time with us and let me off a couple of things as long as I promised to do it right next time.
I would suggest to be very polite but not overly forecoming with information unless asked specifically. Mind you if treating them like animals for a few days floats your boat then why not but maybe your energies would be better spent elsewhere. Rise above it I say.
Ahh that makes more sense. 2 in 10 sounds good. Obviously you weren't too bad to them last time-must try harder. I guess they get used to getting treated like crap.
Hope you had a good year in 2006.
Having implemented some of your suggestions they started to come good in the last quarter of 2006 and it was a very good year all in all. Got to start again now and do it all again in 2007 (plus 25%!)
Hope you had a good year in 2006.
Having implemented some of your suggestions they started to come good in the last quarter of 2006 and it was a very good year all in all. Got to start again now and do it all again in 2007 (plus 25%!)
Unless you are absolutley sure you have got everything spot on I wouldnt go down that route. The inspectors have some descretion about the level of fines.
If you really want to go down this route get all your relevant records and mix all the years up in a big heap and spread excrement all over them. Then let it dry out a bit and put in a black bag and have a piss in the bag. When they ask to see a record for something present them with the bag. As long as the records are in a legible state they cannot do anything about it.
If you really want to go down this route get all your relevant records and mix all the years up in a big heap and spread excrement all over them. Then let it dry out a bit and put in a black bag and have a piss in the bag. When they ask to see a record for something present them with the bag. As long as the records are in a legible state they cannot do anything about it.
From the Times 2nd Jan 07
"Tax inspectors are being offered bonuses to encourage them to collect more money from individuals and businesses, The Times has learnt.
In a move akin to the wage boosts given to traffic wardens who issue the most penalties, the bonuses paid out by HM Revenue & Customs (HMRC) are worth up to £2,000 for inspectors who meet their targets."
"It is perfectly right and proper for HMRC to recover monies that they are due. However, if this bonus system means a correlation between tax collected and bonuses paid, resulting in overzealous and unreasonable inquiries, then taxpayers should be extremely concerned."
article here
Of the investigations I have had, PAYE, VAT and IR35, I have used a 'this is how I operate, is it correct' stance and found them to be very helpful.
"Tax inspectors are being offered bonuses to encourage them to collect more money from individuals and businesses, The Times has learnt.
In a move akin to the wage boosts given to traffic wardens who issue the most penalties, the bonuses paid out by HM Revenue & Customs (HMRC) are worth up to £2,000 for inspectors who meet their targets."
"It is perfectly right and proper for HMRC to recover monies that they are due. However, if this bonus system means a correlation between tax collected and bonuses paid, resulting in overzealous and unreasonable inquiries, then taxpayers should be extremely concerned."
article here
Of the investigations I have had, PAYE, VAT and IR35, I have used a 'this is how I operate, is it correct' stance and found them to be very helpful.
greenie said:
Ahh that makes more sense. 2 in 10 sounds good. Obviously you weren't too bad to them last time-must try harder. I guess they get used to getting treated like crap.
Hope you had a good year in 2006.
Having implemented some of your suggestions they started to come good in the last quarter of 2006 and it was a very good year all in all. Got to start again now and do it all again in 2007 (plus 25%!)
Hope you had a good year in 2006.
Having implemented some of your suggestions they started to come good in the last quarter of 2006 and it was a very good year all in all. Got to start again now and do it all again in 2007 (plus 25%!)
Pleased tp hear it Adrian. Someone actually listened to me - blimey that's got to be a first!!! We'll have to have lunch again sometime.
Business is storming for me at the moment - last year was a record year and this year could, conceivably, be as much as double last year's (in profit terms).
Figured I would be stupid not to listen to you! You were like a managment consultant. Took information I already had and told me what I should be doing. The only difference was you didn't want £2000.00 per day to implement the plan!
I will get last years figures finalised and then get in touch to arrange another lunch.
Glad to hear you are still ticking over nicely. Was it mainly commission fees or turnarounds last year?
I will get last years figures finalised and then get in touch to arrange another lunch.
Glad to hear you are still ticking over nicely. Was it mainly commission fees or turnarounds last year?
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