tax inspector Archives | Taxfile

Taxfile passes HMRC inspection with flying colours!

Mark — Mon, 17 Nov 2014 08:30:55 +0000

HMRC have recently been targeting tax agents who file high volumes of tax returns and, as one of the UK’s top 100 tax return preparers by volume, Taxfile had the honour of having an inspection by HMRC inspectors during late October. The two senior inspectors met all Taxfile staff who prepare tax returns and analysed […]

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The Taxpayers Charter & how it can help you

Mark — Fri, 30 May 2014 11:47:02 +0000

Many ordinary working taxpayers do not even know it exists, but The Taxpayers Charter is there to make sure that HMRC give you a service that is even-handed, accurate and based on mutual trust and respect. HMRC also want to make it as easy as possible for you to get things right. The Charter is […]

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HMRC’s ‘Direct Recovery’ of owed tax – straight from your bank account!

Mark — Thu, 15 May 2014 10:50:46 +0000

Part of the Chancellor’s recent Budget included plans to recover tax owed to the Treasury direct from the debtor’s bank account — all done directly and without a Court Order being necessary. This has been criticised widely but HMRC says that only 17,000 people in the UK per year would fall into this potential scenario […]

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It’s official: thousands are on the wrong tax code!

Mark — Thu, 30 Jan 2014 14:10:19 +0000

With the tax return deadline being only hours away (midnight 31 January 2014) there is still time to get professional help if you need it – particularly because HMRC often get it wrong according to new research by UHY Hacker Young. In just one example, HMRC sent a tax bill to a pensioner which demanded […]

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Assets hidden offshore? Not for long!

Mark — Sun, 17 Nov 2013 17:33:00 +0000

Financial information sharing now reaches the Cayman Islands, Isle of Man, Jersey and Guernsey. On November 5th, Her Majesty’s Revenue & Customs (‘HMRC’) announced that the Cayman Islands had joined the ever-growing list of offshore territories which will now automatically share financial information with them in respect to UK taxpayers who may have accounts there. […]

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Enquiry Meeting: One Big Interview

Taxfile — Sat, 27 Jun 2009 18:50:00 +0000

According to the HMRC, during a tax investigation, meetings between the taxpayer and the tax inspector play a vital role. Why is that? Because according to HMRC, this is the easiest way to obtain information about the taxpayer’s business and settle the enquiry faster. Also, meetings between the taxpayer and the tax inspector ”ensure that, […]

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