You couldn’t make this up, HMRC have finally closed a three year investigation into an IT contractor, employed by themselves to provide consultation into their Foreign Account Tax Compliance …
Sorry for being acerbically cynical but HMRC are “rewarding” the sin of “jealousy”, they have handed out £343,500.00 in rewards for information on tax dodging, via there Fraud Phone …
Ten years ago as our contractor client base exploded, I was faced with a dilemma, many of the clients insisted on registering for VAT under the threshold. My thoughts …