Radio listeners, including accountants in London, were treated to an on-air argument last week when the current Mayor Boris Johnson and rival candidate Ken Livingstone clashed over tax.
Review Period: May 2016
Further evidence that HMRC will not tolerate fraudsters came with the news that guilty verdicts were recently passed on a married couple that tried to steal £220,000 by using a VAT scam.
Accountants in London may be interested to learn that Ken Livingstone, the Labour guy who plans to stand against Boris Johnson in the forthcoming election for Mayor of London, is going to be investigated by HMRC.
Accountants in London will remember that Nick Clegg and his Lib Dem party were all for keeping the 50p top income tax rate. Now it appears that they’ve had a change of heart and will support the removal of the rate, providing another tax on the wealthy is implemented to take its place.
Despite reports to the contrary, HMRC claims it cost less than £300,000 to pursue Harry Redknapp and Milan Mandaric for suspected tax evasion.
Accountants in London will probably be relieved to hear that Chas Roy-Chowdhury has joined in the call for HMRC to speed up the issuance of penalty notices.
Soccer mad accountants in London will no doubt be aware that the possible future England manager Harry Redknapp appeared in court last Monday on charges of tax evasion.
Accountants in London may like to learn that Blackfriars Crown Court recently found a professional tax adviser guilty of attempting to defraud taxpayers.
Accountants in London may be interested to learn the results of HMRC’s recent crackdown on tax evading fast food outlets in the Capital.
Accountants in London may be interested to learn that the taxman is investigating the secret perks football clubs provide their players and families.