Clop Hacks BBC, Boots and BA

A Russian cybercriminal group called Clop has hacked into the payroll service provider Zellis, which provides payroll services to a number of large British companies, including British Airways, Boots, and the BBC. The hackers stole the personal data of tens of thousands of employees at these companies, including names, addresses, Social Security numbers, and dates of birth.

Clop is a ransomware group operating in Russia, that has been active since 2019. Ransomware is a type of malware that encrypts a victim's files and demands a ransom payment in order to decrypt them. Clop is known for using a variety of techniques to infiltrate victim networks, including phishing emails, exploiting vulnerabilities in software, and using brute force attacks.

The BBC has said that the hack will not impact its programming or operations. However, the hack is a reminder of the growing threat of cyberattacks. Businesses of all sizes need to take steps to protect their data from cybercriminals. These steps include:

• Implementing strong security measures: This includes using firewalls, antivirus software, and intrusion detection systems.
• Educating employees about cybersecurity risks: This includes teaching employees how to spot phishing emails and how to create strong passwords.
• Regularly backing up data: This will help to minimize the damage if a cyberattack does occur.
• Having a plan in place to respond to a cyberattack: This plan should include steps for notifying employees, restoring data, and investigating the incident.

Conclusion:

The Clop hack of BA, Boots, and the BBC is a serious incident that highlights the importance of cybersecurity. Businesses need to take steps to protect their data from cybercriminals. By implementing the steps outlined in this blog post, businesses can help to mitigate the risk of a cyberattack.

Call to action:

If you are a business owner, I encourage you to take steps to protect your data from cybercriminals. By implementing the steps outlined in this blog post, you can help to mitigate the risk of a cyberattack.

This is a serious hack that could have a significant impact on the affected companies. It's important for businesses to take cybersecurity seriously and to implement strong security measures to protect their data.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

The City Trumps Europe Again

The UK has widened its lead as Europe’s top draw for financial investors, according to a new report by EY. The report found that the UK attracted 76 financial services FDI projects in 2022, up 17% from the previous year. This represents 26% of all European financial services FDI projects.

The report attributed the UK’s success to a number of factors, including its strong regulatory environment, its skilled workforce, and its access to the single market. The report also noted that the UK government’s post-Brexit reforms to the financial services industry have made the UK an even more attractive destination for investment.

The findings of the EY report are a welcome boost for the UK financial services industry. The industry is a major contributor to the UK economy, generating £2 trillion in annual revenue and employing over 2 million people. The industry is also a key driver of innovation and growth, and it plays a vital role in supporting the UK’s international trade links.

The UK’s continued success in attracting financial investment is a sign that the country remains a leading global financial center. The industry is well-placed to continue to grow and prosper in the years to come.

Here are some of the key reasons why the UK is a top destination for financial investors:

• Strong regulatory environment: The UK has a strong regulatory environment that is designed to protect investors and promote market integrity. The Financial Conduct Authority (FCA) is the UK’s financial regulator, and it is responsible for setting rules and standards for the financial services industry. The FCA is widely respected for its expertise and its commitment to protecting consumers.
• Skilled workforce: The UK has a highly skilled workforce that is well-equipped to work in the financial services industry. The UK has a number of world-class universities that produce graduates with the skills that are in demand by financial firms. The UK also has a large pool of experienced professionals who work in the financial services industry.
• Access to the single market: The UK is a member of the single market, which is a free trade area that allows for the free movement of goods, services, capital, and people between 27 EU member states. This gives UK financial firms access to a large and growing market.

The UK government’s post-Brexit reforms to the financial services industry have made the UK an even more attractive destination for investment.

The UK government has introduced a number of reforms to the financial services industry since the UK left the EU. These reforms have been designed to make the UK a more competitive and attractive destination for financial investment. Some of the key reforms include:

• Reduced regulation: The UK government has reduced regulation in some areas of the financial services industry. This has made it easier for financial firms to operate in the UK.
• Lower taxes: The UK government has lowered taxes for financial firms. This has made the UK a more cost-effective place to do business.
• Enhanced access to data: The UK government has enhanced access to data for financial firms. This has made it easier for financial firms to make informed decisions about their investments.

The UK government’s reforms to the financial services industry have been welcomed by many financial firms. These reforms have made the UK a more attractive destination for investment, and they are likely to lead to further growth in the UK financial services industry.

 

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

ChatGPT and Google Bard Crash

Both ChatGPT and Google Bard are down.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

The Financial System Explained

 

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Inflation Falls To 8.7%

Inflation has fallen from 10.1% to 8.7%.

However, core inflation (excluding food, energy, booze and fags) rose from 6.2% to 6.8%.

Whatever excuses Bailey and cretins on the MPC come up with, it is clear that the Bank of England have lost control of the situation and have failed in their mandate to keep inflation below 2%

Sack them!

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Bailey Admits He Is Crap!

 

The hapless and hopeless Andrew Bailey (Governor of The Ban of England) has been spewing forth chunks of "wisdom" this morning:

"...We do have a challenge in how we communicate...

...We have a lot to learn about operating policy"

Who appointed this oaf? 

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

IMF Couldn't Forecast a Blizzard in The Arctic!

“The IMF said British gross domestic product was set to grow by 0.4% in 2023. In April, it forecast a contraction of 0.3%.” 🥴 https://t.co/dsNf4FQ7RU

— Christopher Snowdon 🇺🇦 (@cjsnowdon) May 23, 2023

 

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

US Debt Ceiling Crisis Going To The Wire

The United States is currently facing a debt ceiling crisis. The debt ceiling is the maximum amount of money that the federal government is allowed to borrow. The current debt ceiling is $31.4 trillion. The Treasury Department has warned that if the debt ceiling is not raised by June 1, the government will default on its debt. A default would have a devastating impact on the economy, leading to a recession, job losses, and a decline in the value of the dollar.

Negotiations between Democrats and Republicans over raising the debt ceiling have been stalled. Republicans are demanding spending cuts in exchange for their support for a debt ceiling increase. Democrats have refused to agree to spending cuts, arguing that they would harm the economy.

If the debt ceiling is not raised, the government will be forced to make difficult choices about which bills to pay and which to default on. This could lead to a chaotic situation in which the government is unable to function effectively.

The consequences of a default would be far-reaching. The stock market would likely crash, interest rates would rise, and the value of the dollar would decline. This would make it more expensive for businesses to borrow money and invest, which would lead to job losses and a recession. A default could also lead to a downgrade of the US credit rating, which would make it more expensive for the government to borrow money in the future.

The debt ceiling crisis is a serious threat to the US economy. It is important for Democrats and Republicans to come to an agreement to raise the debt ceiling as soon as possible. A default would have a devastating impact on the economy and could lead to a recession.

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

RIP George Soros

 

George Soros, the Hungarian-American billionaire investor and philanthropist, died on May 17, 2023, at the age of 92.

Soros was born in Budapest, Hungary, in 1930, to a Jewish family. He survived the Nazi occupation of Hungary during World War II, and later fled to England to study philosophy at the London School of Economics. After graduating, Soros moved to the United States, where he began his career as a hedge fund manager.

Soros quickly became one of the most successful investors in the world. In 1992, he made a $1 billion profit by betting against the British pound sterling, which forced the Bank of England to withdraw its support for the currency. This event, known as "Black Wednesday," made Soros a household name and earned him the nickname "the man who broke the Bank of England."

In addition to his success in the financial world, Soros was also a major philanthropist. He founded the Open Society Foundations, which supports a wide range of causes around the world, including human rights, democracy, and education. Soros also donated billions of dollars to other charitable organizations, including the Bill & Melinda Gates Foundation.

Soros was a controversial figure, and his views were often criticized by both the left and the right. However, there is no doubt that he was one of the most influential people of his time. He will be remembered as a brilliant investor, a generous philanthropist, and a tireless advocate for human rights.

Here are some of Soros's most notable accomplishments:

• In 1992, he made a $1 billion profit by betting against the British pound sterling, which forced the Bank of England to withdraw its support for the currency. This event, known as "Black Wednesday," made Soros a household name and earned him the nickname "the man who broke the Bank of England."
• He founded the Open Society Foundations, which supports a wide range of causes around the world, including human rights, democracy, and education.
• He donated billions of dollars to other charitable organizations, including the Bill & Melinda Gates Foundation.

Soros was a complex and controversial figure, but there is no doubt that he was one of the most influential people of his time. He will be remembered as a brilliant investor, a generous philanthropist, and a tireless advocate for human rights.

 

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Bailey Talking Bollocks Again!

 

Jowly toad speaks...

BOE'S BAILEY SAYS I’D LIKE TO PUSH BACK STRONGLY AGAINST ONE ARGUMENT YOU SOMETIMES HEAR, WHICH IS THAT INFLATION IS HIGH BECAUSE MONETARY POLICY WAS TOO LOOSE IN THE PAST

— Neil Wilson (@marketsneil) May 17, 2023

 

Even by Bailey's standards, this really is BOLLOCKS!

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Argentina Raises Rates To 97%

Argentina's central bank raised its benchmark interest rate by 600 basis points to 97% on Monday, May 15, 2023, in a bid to stem inflation that hit 109% on an annual basis in April. The hike is the latest in a series of measures by the government to try to control inflation, which has been rising at a breakneck pace in recent months.

The central bank said it would also increase its intervention in the foreign-exchange market and double down on its currency devaluation plan. The peso has lost about half of its value against the dollar in the past year, and the government is struggling to keep up with its foreign debt obligations.

The rate hike is likely to have a significant impact on the Argentine economy. It will make it more expensive for businesses to borrow money, which could lead to job losses and slower economic growth. However, the government is hoping that the higher rates will help to bring down inflation, which would ultimately benefit the economy.

It remains to be seen whether the rate hike will be enough to tame inflation. Argentina has a long history of economic instability, and it has been struggling to recover from a severe recession in 2020. The government is facing a number of challenges, including a high debt burden, a weak currency, and a lack of confidence from investors.

 

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

The $100BN Second Coming Fund!

The Church of Jesus Christ of Latter-day Saints' investment firm has over $100 billion, twice the size of Harvard's endowment or the Bill and Melinda Gates Foundation, according to a whistleblower. He said he was told the fund was for “the second coming." https://t.co/DpVMXCxJ2O pic.twitter.com/PczaZgLJzc

— 60 Minutes (@60Minutes) May 14, 2023

The Church of Jesus Christ of Latter-day Saints (LDS Church) has been accused of amassing a $100 billion investment fund, which some have called the "Second Coming Fund." The fund is said to be used to prepare for the second coming of Jesus Christ, and to provide for the needs of the church's members in the event of a major disaster.

The allegations about the fund were first made in a whistleblower complaint to the Internal Revenue Service (IRS) in 2019. The complaint alleges that the church has been misleading its members about the purpose of the fund, and that it is using the fund for its own financial benefit rather than for charitable purposes.

The LDS Church has denied the allegations, and has said that the fund is used to support its charitable and humanitarian work. The church has also said that it is transparent about its finances, and that its members are free to ask questions about the fund.

The allegations about the $100 billion investment fund have been met with mixed reactions. Some people have expressed concern that the church is hoarding wealth while its members struggle to make ends meet. Others have defended the church, saying that it is simply being prudent and preparing for the future.

The allegations about the $100 billion investment fund are still under investigation. It is unclear what the outcome of the investigation will be, or what impact it will have on the LDS Church.

Here are some additional details about the allegations:

• The whistleblower complaint alleges that the LDS Church has been misleading its members about the purpose of the fund for at least 15 years.
• The complaint also alleges that the church has been using the fund to prop up a pair of businesses, including a real estate development company and a cattle ranch.
• The LDS Church has denied all of the allegations in the whistleblower complaint.
• The IRS has not yet taken any action against the LDS Church.

 

As I have noted before, religions should be taxed!

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Bank of England Raises Rates by 0.25%

 The Bank of England has, as expected, raised rates by 0.25% to 4.5%.

It expects the UK to avoid a recession, despite doing its best to push it into one!

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

National Express Fucks Up Its Branding and Talks Bollocks!

 via @TimesBusiness morning email

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Yellen Warns On Debt Ceiling

The US government could run out of money by June 1 For the first time in history, America could find itself in a situation where it cannot repay its debt, which would shake the global financial markets and potentially lead to a recession and an increase in unemployment.

Janet Yellen, the Treasury Secretary, wrote to Congress warning:

"In my January 13 letter, I noted that it was unlikely that cash and extraordinary measures would be exhausted before early June. After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government's obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time. This estimate is based on currently available data, as federal receipts and outlays are inherently variable, and the actual date that Treasury exhausts extraordinary measures could be a number of weeks later than these estimates."

Tax Investigation Insurance

Market leading tax fee protection insurance for businesses, sole traders and individuals. Protect yourself from accountancy fees in the event of an HMRC enquiry.

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountant's (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your accountant (your tax return agent) to:

• Deal with any correspondence from HMRC
• Attend any meeting with HMRC
• Appeal to the First-tier Tribunal or Upper Tribunal
• Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.