Saturday, 31 January 2015

Oh really!



Andrew said...

"He owed in UK tax..." "it owed in UK tax" - no they didn't 'owe' it.

HMRC at first *claimed* they owed the tax, the companies arranged their affairs to minimise their tax bill, then govt and companies agreed on a compromise.

If govt demands X amount of tax from you, then you dispute it and appeal, you only *owe* the tax you finally agree on.

Malcolm said...

An ex employee of The Inland Revenue (as was) told me they were given targets for recovering tax 'owed'.

She was told to concentrate on individuals and small businesses, because they don't have the money to employ expensive tax consultants to negotiate for them.

She wasn't happy about it so she resigned.

Good for her!