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20/07/10: “Our battles are directed, sir?” HMRC’s Renewed “Tackling Alcohol Fraud” Strategy
In considering HMRC’s renewed “Tackling Alcohol Fraud” strategy as a tax adviser who specialises in the field of excise, I am reminded of that wonderful exchange between Captain Blackadder and General Melchett in the episode ‘General Hospital’ from the “Blackadder Goes Forth” series, set during the First World War. Blackadder has been informed that a [...]
4/6/10: Changes to Legal Aid in Criminal Cases
We are all aware that pressure is on Government to cut the costs of public services. This cost cutting has been extended to encompass significant changes to the rules governing the provision of legal aid in criminal cases, with the result that some defendants in such cases can expect to contribute a far higher proportion [...]
30/03/10: M&R Tax Advisers - Formation of Limited Company
We at M&R Tax Advisers are pleased to announce that we have now formed a limited company, M&R Tax Advisers Ltd., to replace our previous business partnership, M&R Tax Advisers, from 1st April 2010.
The chief personnel concerned in the limited company remain the same as for the partnership, being Malcolm McFarlin and Philip Rimmer as [...]
05/03/10: M&R Tax Advisers Victory in WOWGR Registration Case
M&R Tax Advisers have recently acted on behalf of a client termed a WOWGR trader (an acronym derived from the name of the relevant excise regulations). Such a business has been authorised by HMRC to deal in excise duty suspended goods, transferred (for example) between different UK bonded warehouses or for despatch duty suspended to [...]
26/01/10: HMRC to introduce a VAT and Excise Wrongdoing Penalty
HMRC have announced that from 1st April 2010, they will apply new wrongdoing penalties alongside existing penalties and sanctions to seek to prevent abuse in the VAT and excise tax systems. The penalties will be imposed where a person:
Issues an invoice that includes VAT which the person is not entitled to charge,
Handles goods on which [...]
11/12/09: The Pre-Budget Report and Tax Investigations
A number of measures have been announced within the Pre-Budget Report which will influence how HMRC handle certain tax enquiries, investigations and disputes.
In direct tax cases, it would appear that HMRC are likely to take a harder line in requiring a taxpayer to pay ‘upfront’ the tax allegedly due following the raising of an assessment [...]
11/11/09: M&R Tax Advisers Invited to Join LexisNexis Panel of Experts
M&R Tax Advisers have been invited by the leading legal and tax publishers LexisNexis to join their panel of experts and as such, have been recognised as having expertise in our particular field. As members of the panel of experts, we attend Advisory Group meetings chaired by LexisNexis in order to comment upon Government legislation [...]
22/09/09: Accountancy Service Providers (ASPs) Warning from HMRC
HMRC have issued a further warning to all accountancy service providers that under the Money Laundering Regulations (MLRs) 2007 (ASPs) should have registered their business with HMRC by 1 January 2009 in respect of those ASPs who are not supervised by a designated professional body (such as the Institute of Certified Bookkeepers). HMRC state in their VAT Notes [...]
29/07/09: HMRC Announce Offshore Disclosure Initiative
Under HMRC’s New Disclosure Opportunity (“NDO”), persons who make a complete and accurate disclosure of their tax affairs to HMRC between 1 September 2009 and 12 March 2010 will qualify for a 10% penalty. Once the disclosure window closes, those taxpayers who have not come forward but are found to have unpaid tax liabilities will [...]
29/7/09: M&R Tax Advisers assist Client in obtaining WOWGR Approval
M&R Tax Advisers are pleased to announce that after careful negotiation with HMRC, we have been successful in obtaining a WOWGR registration on behalf of a client. Under HMRC regulations, this approval allows a business to deal in excise duty suspended goods, transferred (for example) between different UK bonded warehouses or for despatch duty suspended [...]
