Mark Twain
“A clear conscience is a sure sign of a bad memory.” Mark Twain
24 October 2025
MTD – Income Thresholds
The income test is based on the gross income from mandated sources, so it will include gross income (i.e. turnover) from self-employment (but not partnership) and all gross property income receipts, including furnished holiday letting income and income from abroad. Mandated income is income that must be declared on your tax return. As the test
MTD – Income Thresholds Read More »
Student Promoting VAT Fraud on Instagram
Every week, we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely, as everyone’s circumstances are particular to them.
Student Promoting VAT Fraud on Instagram Read More »
“Bandit Country”
Over 20 years ago, an inspector of taxes was sitting in my office while we concluded matters relating to a tax investigation. We were discussing how the Inland Revenue would change over the next few years. What he said to me at that time was that he thought that there would be no tax offices
