Working from home: not for everybody
The restrictions placed on us by the COVID-19 pandemic mean that we’re working from home, whether we like it or not. Unless you’ve been furloughed, or the nature of your work prevents it, employers have [...]
February 2021
Tax evading fugitives face justice
HMRC shuts down a huge cigarette smuggling operation. This criminal activity cost the Treasury £2.8million in evaded excise duty. When were they discovered? On 15th June 2017, at a Lincoln farm, Svajunas Navagruckas was caught [...]
‘Cryptocurrency preferred’ – to buy Brighton property
We’re all used to estate agents’ language by now and can decode their adverts quite successfully. But its still unusual to see ‘cryptocurrency preferred’ as the seller’s position. But this is what’s come up during [...]
January 2021
Will there be an incineration tax in the 2021 Budget?
A tax on incineration means a tax on earnings made by creating energy from waste. It has been used as a stick to encourage increased recycling. Only last year, Theresa May said that government would [...]
Has your cash been refused since COVID-19 started?
A Which? survey of 2,004 people shows how much COVID-19 has accelerated our society’s move towards a cashless society. And their conclusions include some real concerns about those who need to use cash, both as [...]
Could reducing duty on spirits help our COVID-19 recovery?
The Chancellor’s March Budget will be scrutinised by everybody. Finding the balance between financial support to survive the COVID-19 crisis and the country’s longer term economic recovery is going to be difficult. Before anything is [...]
Scammers have a new opportunity with third lockdown
Yes, another article about HMRC scammers. They constantly change their tactics and use every possible current event – and any fears surrounding it – to swindle money from innocent people. Two current scams are to [...]
December 2020
What is a wealth tax?
A Wealth Tax Commission was set up in spring 2020 to “provide in-depth analysis” of a UK wealth tax proposal. Their final report was published on 9th December and makes for interesting reading. Who are [...]
Netflix declaring its full £1bn UK revenue to HMRC
Netflix is just one of the many global companies to be accused of failing to play fair when it comes to tax. Since 2012, all Netflix revenue from its UK customers has gone through its [...]
November 2020
Bitcoin price soars: Has the pandemic got something to do with this?
Bitcoin is the first cryptocurrency and its existence continues to provoke extremes of opinion on both sides. It’s surrounded by controversy; from the intention of its still anonymous creator, by way of its black market [...]