We are currently dealing with a penalty where Companies House currently do not accept that the death of the client’s bookkeeper might have prevented the timely submission of the accounts. The reader will also remember that the VAT penalty regime has recently been changed and the two examples would appear indicative that the government are becoming more strident when collecting tax. MTD has been a pain in many ways, especially during its implementation stage, but it does at least allow the accountant to speed up in the preparation of the year end accounts, so as to hopefully alleviate problems such as the above. The moral of the story is don’t die owing tax……………
- Harris & Clarke
7 Billing Road
Northampton
NN1 5AN
Phone:
01604 622274
Fax:
01604 631885
Email: postmaster@harrisandclarke.co.uk