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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.

Rates Rise To 3.5%

Not unexpectedly the Bank of England has increased rates from 3.0% to 3.5%. 

The MPC was split 6-3 on the decision; two members wanted a freeze, another wanted 0.75%

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 FTX Fraud 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.

GDP Rises 0.5% in October

The UK is not yet in recession, let joy be untrammelled! 

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.

ECB Doesn't Do Irony!

🤣😂 BBG || Staff representatives at the ECB are disappointed that a planned pay rise doesn’t make up for inflation that’s currently five times the official 2% target

via https://t.co/wXVagzMtxa https://t.co/r72QgiV5LM

— PiQ  (@PriapusIQ) December 7, 2022

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

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Total Nixes £100M Investment

Total Pulls £100 Million North Sea Drilling Investment After Windfall Tax https://t.co/KNCuWLNQEs pic.twitter.com/pMQBZixZo7

— Gaia Fawkes (@GaiaFawkes) December 2, 2022

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.

Sam Bankman-Fried's Four Stages of Denial

 

@CumLordeAwards
(1) The first denial is the “denial of fact”.
(2) The second denial is “denial of impact”
(3) The third denial is “denial of accountability”
(4) The last type of denial is what I call “denial of hope.” refusing to acknowledge the willingness to do the work...

— Engo (@engo2_a) December 1, 2022

SBF really needs to be under arrest!

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.

Budget Summary

 

Key announcements

• Capital gains hit and inheritance tax frozen
• Renewable generators hit with 45% windfall levy
• National insurance and NMW changes increase costs for employers
• Reforms ahead for R&D and audio-visual reliefs
• Vehicle duty extended to cars and vans
• Business rates reforms welcomed
• Living standards to fall 7%, says OBR
• Autumn Statement: Measures to incentivise growth
• Income tax changes may not apply equally across UK

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.

How To Commit a $8BN Fraud - A Masterclass by Sam Bankman-Fried

 

For reasons best known to himself, the world's largest fraudster (Sam Bankman-Fried) decided to do a Twitter interview yesterday, in a pathetic attempt to exonerate himself.

Suffice to say it failed!

In short he claimed:

- he forgot about certain transactions

- he would have been able to recify the situation if it hadn't become public

- circumstances and bad luck played a part

-  the regulators were to blame as well!

Conmen and certain politicians have similar ethical/personality shortcomings; in that they blame circumstances/others when things go wrong and never ever admit (even to themselves) that they lied/cheated/swindled people!

The question remains, why the hell hasn't this bastard and his henchmen been arrested yet?

This DM interview with Sam Bankman-Fried is truly, truly -- truly -- wild https://t.co/r5vqWom9Eg

— kadhim (＾ｰ^)ノ (@kadhim) November 16, 2022

Total. Fraud.

Are you paying attention, Vitalik fans? pic.twitter.com/kL33bjreWL

— Cory at Swan Bitcoin (@coryklippsten) November 17, 2022

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.

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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.

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UK Inflation Hits 11.1%

 

CPI hits 11.1%, primarily as a result of energy and food inflation. Someone needs to tell Bailey that wages are not yet causing this!

Tax Investigation Insurance

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When Will The Feds Arrest SBF?

 

So biggest crypto fraudsters of all times had a line in his B/S labelled « Trumplose » and he is the scion of a family of rich Democrats overlords as well as the largest donor to the Democratic party. Yet no federal agency have made any move on him or his firm?

— KKGB (Carlo Casio) (@INArteCarloDoss) November 15, 2022

Tax Investigation Insurance

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The Fiscal Black Hole

 

Despite Hunt's doom and gloom, I suspect that before the next election the fiscal black hole will have magically disappeared!

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Advice To Samuel Bankman-Fried

 

Stop tweeting, you are digging yourself a hell of a big hole!

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US Inflation Falls

U.S CPI (YOY) (OCT) ACTUAL: 7.7% VS 8.2% PREVIOUS; EST 7.9% 

U.S CPI (MOM) (OCT) ACTUAL: 0.4% VS 0.4% PREVIOUS; EST 0.6% 

U.S CORE CPI (YOY) (OCT) ACTUAL: 6.3% VS 6.6% PREVIOUS; EST 6.5% 

U.S CORE CPI (MOM) (OCT) ACTUAL: 0.3% VS 0.6% PREVIOUS; EST 0.5%

Nasdaq will rise accordingly.

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Recession Expected Until Mid 2024

The Bank of England expects the UK to be in recession from mid 2022 all the way through to mid 2024.

The Bank expects peak rates to be less than the market has priced in.

Unsurprisingly, the pound is falling against the dollar. 

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Bank of England Raises Rates by 0.75%

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Bank of England To Raise Rates Again

Hot on the heels of the FED's 0.75% rate rise yesterday, the Bank of England is expected to raise rates by 0.75% today at midday.

That will bring the UK rates up to 3% in comparison with USA rates of 3.75%.

Tax Investigation Insurance

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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.

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• Deal with any correspondence from HMRC
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$20 For a Blue Tick

 

Rumours abound that Twitter may well start charging $20 a month of the precious blue tick, so beloved by those who think they are celebrities.

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Musk Bags Twitter

 

Elon Musk now owns Twitter, overnight closing a $44 billion deal that could have huge implications for the future of the social media app, especially if former U.S. President Donald Trump is allowed back on the platform.

Musk started as he meant to go on, by firing various executives including CEO Parag Agrawal and legal chief Vijaya Gadde (the official who guided the company’s policies on harmful speech, and whose team banned Trump after the January 6 Capitol riot).

Meanwhile, in a parallel universe, Mtea shares crashed 11% on the back of lousy results.

 

 

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Budget Delayed Until 17 November

BREAKING: Chancellor Jeremy Hunt says UK government's medium-term fiscal plan will be moved to November 17 and upgraded to a full autumn statement, saying he and new PM Rishi Sunak agreed it was "prudent" to delay https://t.co/1CHqiyrHra pic.twitter.com/b2iRuvbOcS

— Bloomberg UK (@BloombergUK) October 26, 2022

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Don't Use Strategic Reserves To Manipulate The Market

SAUDI ENERGY MINISTER SAYS PEOPLE ARE DEPLETING THEIR EMERGENCY STOCK AND USE IT AS A MECHANISM TO MANIPULATE MARKET WHEN ITS PURPOSE WAS TO MITIGATE SHORTAGES OF SUPPLY

— First Squawk (@FirstSquawk) October 25, 2022

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Austerity

 

Austerity was, is and always will be BOLLOCKS (especially when a country is entering a recession)!

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Interest Rates Won't Exceed 5%

Seems odd to me if folk truly think rates might exceed 5%. They're currently 2.25% & the UK economy already looks like it's in recession, & there are big tax rises on businesses on the way from next April. Recession will bring inflation down. So why'd rates reach >5%? https://t.co/2eaFe3tTbw

— Andrew Lilico (@andrew_lilico) October 18, 2022

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Hunt Nixes Kwarteng's Budget

 

Hunt has announced a.o. the following:

-No longer cut dividend tax 

-Abandon IR35 changes 

-Won't cut basic rate of income tax, it remains at 20% indefinitely

-The UK will shorten universal energy supply until April 2023 

-Scraps planned freeze on alcohol duty etc etc

The measures will raise £32 billion. 

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FFS!

The Rt Hon Jeremy Hunt MP @Jeremy_Hunt has been appointed Chancellor of the Exchequer @HMTreasury. pic.twitter.com/bldKWr3crG

— UK Prime Minister (@10DowningStreet) October 14, 2022

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The Global Financial Crisis

 

We’ve been on the right side of almost all market moves this year. And you can have access to the detailed work and thinking that helped us get there.

Follow @roaringmeows , it’s free for all.

Here’s a teaser of what you will find in there, among other things. https://t.co/P2Gqp04qGK pic.twitter.com/OMONTQDisW

— KKGB (Carlo Casio) (@INArteCarloDoss) October 13, 2022

 

Contrary to what the UK media would have you believe, there is a global financial crisis. 

Brought about by a.o. 

-War in Ukraine 

-Energy crisis 

-Food crisis 

-Inflation

-Covid lockdowns 

-Quantitive easing 

-Ddodgy financial products 

You can only kick the can so far down the road!

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A Tale of Two Banks

5.10am vs 5.41am pic.twitter.com/K0xLhPL4ZB

— Sam Coates Sky (@SamCoatesSky) October 12, 2022

Bailey's team have in effect chopped the legs from underneath him!

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Kwarteng's Halloween Event

 

Kwasi Kwarteng has brought forward the OBR forecast to 31st Oct.

Theoretically this might give the MPC room for some manoeuvre on their interest rate decisions in the following week. 

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Guardian Lying Through its Teeth - Again!

 

This is a great example of how the mainstream media spreads the most fake news

This is a total lie, but the Guardian doesn't care. It just wants to make money off its readers

The same media told these people that the CIA is certain Hunter Bidens laptop is Russian disinformation pic.twitter.com/hencqtUHKC

— Dom Translator 🇺🇦 (@dom_translator) October 4, 2022

Actual spend by the Bank is currently less than £4BN.

Here's a simple chart to show that the #BankofEngland has not, in fact, had to spend "£65 billion" to prop up the #gilts market (and almost certainly won't, either)... 🤓

You can find the data here: https://t.co/GmtZHhEVGz pic.twitter.com/48ekprMC5B

— Julian Jessop (@julianHjessop) October 4, 2022

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Kim Kardashian Charged With Unlawfully Touting Crypto

SEC charges Kim Kardashian for unlawfully touting crypto security.

The case serves as a reminder to celebrities and others that the law requires them to disclose to the public when and how much they are paid to promote investing in securities,

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Credit Suisse and Deutsche Bank on The Brink

 

$600 Billion: What Lehman Brothers held in assets when they crashed and took the economy with them.

$2800 Billion: What Credit Suisse and Deutsche Bank control in AUM. 4.6x more.

Credit Suisse is at a 'Critical Moment' now, says the CEO.

What lies in store for the world?🧵 pic.twitter.com/VIaMU7dSLX

— Graham Stephan (@GrahamStephan) October 2, 2022

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Happy National Meter Reading Day!

National Meter Reading Day on 30 September is the day when you are advised to take your meter readings and, if you can, submit them to your supplier before the new two-year energy price guarantee kicks in.

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Bailey Must Go!

 

Having dithered and delayed in raising interest rates in response to inflation, with "exquisite" timing Bailey chose the moment when sterling was stabilising to issue a wishy washy statement about not hesitating to intervene.

Apart from the obvious point that the Bank, under his sleepy watch, has been hesitant; he failed to realise the danger of the timing of this wishy washy nonsense, which implied the Bank also has a role in propping up Sterling.

FACTOID: It doesn't!

Unsurprisingly, sterling immediately took a tumble.

Bailey must go!

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Media Wetting Itself Over Sterling

British Pound Exchange Rate

As the media wets itself over Sterling, the current fall should be seen as a major buying opportunity.

Markets go up and down, even the media knows this!

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Budget Bullet Points

• Top income tax rate of 45% scrapped

• A cut to stamp duty - meaning the exemption level was immediately doubled from £125,000 to £250,000 and from £300,000 to £425,000 to first-time buyers

• Planned cut of 1p to basic rate income tax brought forward by a year to 2023

• Cap on bankers' bonuses to be removed

• National insurance to be cut from November

• Planned increase on corporation tax to be axed and to remain at 19%

• Stricter rules for those on Universal Credit - they must take active steps to seek more and better paid work, or face having benefits reduced

• The introduction of VAT-free shopping for overseas visitors

• Legislation to crack down on strikes forcing trade unions to put pay offers to a member vote

• Planned increase on alcohol duty to be axed

 

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Bank of England Raises Rates by 0.5%

Interest rates are now 2.25% after today's 0.5% rise.

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Inflation Falls To 9.9%

UK rate inflation fell to 9.9% in August, from a 10.1% in July, it had been expected to rise.

The fall is due to lower petrol prices. 

Economists now expect the inflation rate to stay around the 10% during autumn, it had been expected to rise to 15% or more.

The Tory energy price guarantee is the reason for the fall in expectations.

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Unemployment Lowest Since 1948

The unemployment rate fell to 3.6% in the three months to July, the lowest since 1974.

The number of vacancies are flattening off, yet the number of unemployed people per vacancy still low (approx 1).

This means that there are labour shortages in sectors such as hospitality, which in turn constrains economic activity.

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Energy Plan Bullet Points

-Homes capped for 2 years 

-Green levy suspended 

-Heating oil homes will have equal support

-£400 heating contribution  

Businesses capped for 6 months & additional support for industries like Hospitality & Pubs being reviewed.

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