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Showing posts from September, 2014

'Born to the m-i-i-i-i-i-ld' (To the tune of Steppenwolf's 'Born to be Wild')

Calculator running Totalling invoices Looking at debentures And all other finance choices
Yeah darling, gonna make it add up Put the world in a big spreadsheet Do all of my sums at once and Leave it really neat
Some find accounts frightnin’ Leaves them full of wonder All of these expenses Just what heading are they under?
Yeah darling, gonna make it add up Put the world in a big spreadsheet Do all of my sums at once and Leave it really neat
All prop-er-ly filed I was born, born to be mild Tax returns so sly I make the taxman cry
Born to be mi-i-i-ild
Born to be mi-i-i-ild
Calculator running Totalling invoices Looking at debentures And all other finance choices
Yeah darling, gonna make it add up Put the world in a big spreadsheet Do all of my sums at once and Leave it really neat
All properly filed I was born, born to be mild Tax returns so sly I make the taxman cry
Born to be mi-i-i-ild

Born to be mi-i-i-ild
Words by accountant and poet: Stephen Brown Audio version can be heard here.

It's official: HMRC writes "ridiculous" "nonsense"

Given this is a fun blog it's not usual for me to reference the decision in a tax tribunal. But it was impossible to resist when I heard about what the tribunal said.
Mr South was appealing against a late filing penalty in respect of his tax return for 2012/13.  HMRC claimed to have sent him a notice requiring him to file the return in question. The computer then sent an automatic penalty which was what alerted Mr South to the need to file the return.
He was reluctant to pay the late filing penalty as he had not received a 'notice to file' and had not been required to file returns every year in the recent past. 
Mr South then received a rejection of his appeal sent by an official from HMRC who said:  “On reviewing I can see that no evidence to date has been received confirming that you did not receive a tax return or notice to file.” In reaching their decision that Mr South did NOT need to pay the penalty the Tribunal said:
The result of [Mr South's] appeal is a piece o…

An accountant with a STANDOUT way of describing himself

The way Mark Asquith, Managing Director of Asquith & Co, describes himself, on the meet the team page of his website, certainly makes him stand out. I'm referring especially to the table beneath the more conventional opening paras:
I have been working in accountancy since 1982 having started work as a spotty trainee on leaving school. Asquith & Co became a reality in 2001 although I had previously hankered after being self-employed.  I love helping clients to keep just on the right side of the taxman while, hopefully, having a few laughs on the way - this is not easy but I do try.                    Specialist subject:     Saving you money                    Likes:                        Saving you money                    Dislikes:                    Not saving you money                     Favourite colour:       Black... keeping you in it                    Favourite food:         Roast taxman                     Favourite place:       Judo mat                    Curren…