Tesco Online Grocery Deliveries Can't Cope With Demand

Tesco boss Dave Lewis tells customers there is no way online deliveries can meet demand despite building “probably the biggest” grocery delivery business in the world. Pre-covid online deliveries was just 7% of food market & Tesco has doubled 590,000 deliveries to over 1 million

— Ashley Armstrong (@AArmstrong_says) April 29, 2020

Tax Investigation Insurance

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 accountants (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
• Premiums are Annual Premiums.
• Premiums are inclusive of 12% IPT. 
• Premiums and IPT are due in full in advance / at commencement of scheme.
• There is a NIL excess on all policies.

Please click here for details.

Report a business behaving unfairly during the Coronavirus (COVID-19) outbreak

Use this service to report a business you believe is behaving unfairly during the Coronavirus (COVID-19) outbreak. 

You’ll be asked some questions about the behaviour you witnessed. 

Any information you share by completing this form may be used by the Competition and Markets Authority and may be shared with other bodies in relation to monitoring unfair business behaviour during the Coronavirus (COVID-19) outbreak. 

The CMA Privacy Notice explains how your personal information will be collected, used and shared.

More information on how your data will be used 

 

Start now

Tax Investigation Insurance

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 accountants (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
• Premiums are Annual Premiums.
• Premiums are inclusive of 12% IPT. 
• Premiums and IPT are due in full in advance / at commencement of scheme.
• There is a NIL excess on all policies.

Please click here for details.

The EU's "Cunning" Plan To "Save" The Airlines

Further bailout for airlines: EU preparing proposals to suspend EU passenger right to cash refunds by allowing airlines to issue vouchers instead.

— Andrew Neil (@afneil) April 30, 2020

All very well and nice, except that it doesn't guarantee that the airlines still won't go bust and that the hapless consumer will get his/her money back if they do go bust!

Tax Investigation Insurance

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 accountants (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
• Premiums are Annual Premiums.
• Premiums are inclusive of 12% IPT. 
• Premiums and IPT are due in full in advance / at commencement of scheme.
• There is a NIL excess on all policies.

Please click here for details.

Small Business Bounce Back Loans

New 100% government backed loan scheme for small business

• businesses will be able to borrow between £2,000 and £50,000 and access the cash within days
• loans will be interest free for the first 12 months, and businesses can apply online through a short and simple form

Small businesses will benefit from a new fast-track finance scheme providing loans with a 100% government-backed guarantee for lenders, the Chancellor announced today (Monday 27 April).

Rishi Sunak said the new Bounce Back Loans scheme, which will provide loans of up to £50,000, would help bolster the existing package of support available to the smallest businesses affected by the coronavirus pandemic.

The scheme has been designed to ensure that small firms who need vital cash injections to keep operating can get finance in a matter of days, and comes alongside the £6 billion awarded in business grants, supporting 4 million jobs through the job retention scheme and generous tax deferrals supporting hundreds of thousands of firms.

The government, which has been consulting extensively with business representatives about the design of the new scheme, will provide lenders with a 100% guarantee for the loan and pay any fees and interest for the first 12 months. No repayments will be due during the first 12 months.

The loans will be easy to apply for through a short, standardised online application. The loan should reach businesses within days- providing immediate support to those that need it as easily as possible.

Tax Investigation Insurance

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.

Please click here for details.

Taylor Wimpey Back To Work in May

Breaking:

Taylor Wimpey, one of Britain’s biggest housebuilding companies, has announced work on its construction sites will restart from May 4th

It’s the first of the major house builders to announce that construction will restart

Britain’s economy slowly starting to reopen

— Steven Swinford (@Steven_Swinford) April 23, 2020

Tax Investigation Insurance

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.

Please click here for details.

Unilever Flat

Unilever PLC reported flat sales growth for the first quarter as the maker of Dove soap and Ben & Jerry’s ice cream said the hit from Covid-19 lockdowns in big emerging markets such as China and India outweighed stockpiling by consumers in the USA.

As such it pulled its full-year forecast, saying it could not “reliably assess the impact” of the coronavirus pandemic on its business, but said it would pay its quarterly interim dividend as planned.


Tax Investigation Insurance

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.

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Oil Goes Negative

The glut of oil and the massively reduced demand for it has played havoc with the price of crude, to such an extent that the price of a barrel of West Texas Intermediate (WTI), the benchmark for US oil, fell as low as minus $37.63 a barrel yesterday.

You can't eat it and you can't drink it, so without a functioning global economy its value will continue to fall.

Tax Investigation Insurance

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.

Please click here for details.

Germany Enters Hard Recession

Bundesbank: The #coronavirus pandemic has plunged Germany's economy into a hard recession.https://t.co/d0dAQiDvhl #Covid19de #CoronaCrisis

— Yannis Koutsomitis (@YanniKouts) April 20, 2020

Tax Investigation Insurance

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.

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Rihan Awarded £11M

BREAKING: Former #EY partner Amjad Rihan, who blew the whistle on incriminating audit findings into a Dubai gold company, has been awarded £11m in his High Court dispute with the Big For firm

— Richard Crump (@IskaralCrump) April 17, 2020

Tax Investigation Insurance

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.

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Please click here for details.

EU Bank Rules Loosened

*EUROPEAN BANKS TO REPORT MUCH LOWER PROVISIONS THAN U.S. PEERS

*EUROPEAN BANKS GIVEN REGULATORY NOD TO AVOID PROVISIONS SPIKE

— fiatcurrency (@fiatcurrency) April 17, 2020

Tax Investigation Insurance

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.

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Cost of Flying To Skyrocket Post Covid

EasyJet to keep middle seat on planes empty to allow for social distancing once Covid-19 lockdown has been liftedhttps://t.co/w4y1Dy9aZR

— BBC News (UK) (@BBCNews) April 16, 2020

The age of cheap flights has ended!

Here's a radical suggestion for airlines:

If the future means we have to pay more and keep further apart in planes, then why not give the poor sods who have to fly more legroom/wider seats etc instead of cramming them in like sardines?

Tax Investigation Insurance

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.

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Please click here for details.

HS2 Construction Work Given Green Light

The government has given formal approval for construction work on the HS2 rail project to begin despite lockdown measures.

Construction firms involved in phase one of the high-speed rail project will need to follow social distancing rules.

Unsurprisingly there has been much negative comment on social media about the affordability of this, especially given the ongoing COVID19 issue and the expected hit to the public finances.

However, as Keynes noted in The General Theory:

"The government should pay people to dig holes in the ground and then fill them up."

Rather than stand by and let people do/earn nothing!

Tax Investigation Insurance

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.

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OBR Forecasts £220BN Budget Deficit

In our scenario, the shock to the economy and the huge Government policy response raise this year’s budget deficit by around £220bn to around 14% of GDP and public debt to around 100% of GDP. #OBRcovidscenario pic.twitter.com/TJBOXgui5w

— Office for Budget Responsibility (@OBR_UK) April 14, 2020

Tax Investigation Insurance

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.

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OBR Forecasts Quick Recovery

Our three-month lockdown scenario sees GDP fall by a third, but with a quick recovery as the restrictions are lifted. #OBRcovidscenario pic.twitter.com/raiu16Q8qV

— Office for Budget Responsibility (@OBR_UK) April 14, 2020

Tax Investigation Insurance

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.

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Coronavirus Scenario By The OBR - Coming Soon!

At midday today we’ll publish results of a coronavirus scenario illustrating the possible effects on the economy and public finances of a 3-month shutdown and the Government’s policy responses. This is *not* a forecast, just 1 scenario of many that could unfold. #OBRcovidscenario pic.twitter.com/znxkoDXBOW

— Office for Budget Responsibility (@OBR_UK) April 14, 2020

Tax Investigation Insurance

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.

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Please click here for details.

Bank of England Steps Up To The Plate - High Street Banks Take it on the Chin or be Forced to Take it Somewhere Else!

The Bank of England has stepped up to the plate, and the government is set to borrow billions of pounds from its emergency Bank of England overdraft to finance the fight against Covid-19.

The government will draw money from the Bank's "ways and means" facility to help workers and businesses.

It has not used the facility since the financial crisis in 2008.

The ways and means facility will give the government a temporary cash buffer as it seeks to raise unprecedented amounts to deal with the coronavirus outbreak.

Now given that the Bank of England is doing its bit, it is high time that the high street banks did their bit for individuals and businesses in need of cash during this time.

This will of course mean that their directors probably won't be able to afford to award themselves bonuses etc, as the bottom line will inevitably take a hit ie the banks will have to take it on the chin. However, let us remember that the taxpayer bailed these banks out in 2008 to the tune of billions (and they have done pretty well since).

Therefore my advise to the high street banks is simple:

Voluntarily take it on the chin, or be forced to take it somewhere else!

Tax Investigation Insurance

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.

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Kudos To My Bank!

via GIPHY

Kudos to my bank for responding so quickly to the Bank of England's stimulus package wrt Covid19.

They have reduced the interest rate on my savings account from 0.1% to 0.01%.

However, they have inexplicably forgotten to follow the FCA directive wrt zeroising interest on overdrafts or implementing a debt repayment holiday.

How very odd!

Tax Investigation Insurance


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.

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Debenhams Goes Under

Major UK department store founded in 1778 goes bust https://t.co/lbdgc7MtbA

— MineForNothing (@minefornothing) April 6, 2020

Tax Investigation Insurance

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.

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Don't Trust The Banks

So after being Furloughed until June 1st, I just applied for a 3 month break on my Natwest Loan. After being accepted I was told it will give me an adverse credit score.

The government said they had an agreement with banks around deferral of payments. Clearly this was a lie!

— Richard (@Richardmassey82) April 3, 2020

NB: The FCA has told the banks that breaks in loan payments etc WILL NOT be allowed to affect people's credit scores!

Where a bank says that they will affect your credit score:

1 Tell the bank they are wrong, and

2 Report them to the FCA

Tax Investigation Insurance

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.

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#AskRishi

I'll be answering your questions tomorrow on the measures in place to protect jobs and businesses during coronavirus. Submit them by commenting below using #AskRishi

— rishisunak (@RishiSunak) April 2, 2020

Tax Investigation Insurance

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.

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FCA Orders Loan and Credit Card Payments Freeze

The FCA has announced plans to freeze loan and credit card payments for up to three months as part of emergency measures for consumers impacted by the coronavirus outbreak.

The measures could come into force as soon as 9 April. The Financial Conduct Authority said the process was being fast-tracked “given the national emergency and the significant impact on consumers’ finances right now”.

It is aimed at consumers and renters who are not benefiting from existing relief measures that have targeted homeowners – with mortgage payment holidays – or business owners.

The proposals include a temporary freeze on loan and credit card payments for consumers who are facing financial difficulties as a result of the outbreak.

The FCA said consumers who were at risk of having their credit cards suspended because of the regulator’s new affordability rules would not lose access to their accounts.

Lenders would also have to waive interest charges on arranged overdrafts up to £500 over the same period, which would extend relief already announced by some banks including Barclays, HSBC and Lloyds.

Tax Investigation Insurance

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.

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Bank of England Knocks Banks' Heads Together

Quite rightly the Bank of England has told banks not to pay any dividends (amounting to £8bn) during the current Covid-19 emergency, in order to:

-shore up the banks' reserves,
-send a signal to the markets and
-ensure that the banks don't have the excuse of limited funds when granting loans during this period.

The Bank of England has also asked the banks to forego bonuses, it is not yet clear whether the banks heard that request!

As a result of this, banks' shares have nosedived and dragged the FTSE down with them. However, this fall in the FTSE is likely only temporary once people see that the banks play their role in supporting businesses and individuals during this crisis...we hope!

Tax Investigation Insurance

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.

Please click here for details.