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Monday, October 25, 2021

National Minimum Wage To Rise To £9.50

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

Please click here for details.

Friday, October 22, 2021

Putin On The Pressure - Uncle Volodya is Ready To Deal


 

Russia is able to start gas deliveries via the Nord Stream 2 link immediately after it gets regulatory approval, according to Vladimir Putin. 

The first pipe of Nord Stream 2 is filled with gas. If the German regulator allows supplies tomorrow, deliveries will begin the day after tomorrow,” the Russian president said at the annual Kremlin-backed Valdai Discussion Club meeting in Sochi Thursday. The second of the route’s two lines could be ready in December, he said.

Unfortunately Europe will freeze this winter, as Germany and the EU won't authorise this anytime before January next year at the earliest!

As per Bloomberg:

"German regulators are currently reviewing the application of Nord Stream 2 AG for certification as an independent operator, but have said their initial decision could come only in January, after which the European Commission would also have to give the go-ahead."

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

Please click here for details.

Thursday, October 21, 2021

Indices

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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

Please click here for details.

Wednesday, October 20, 2021

House Prices Soared by Over 10%

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

Please click here for details.

Monday, October 18, 2021

Russia's Full of Hot Air - No Increase in Gas Supplies

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

Please click here for details.

Andrew Bailey - The Reluctant Hawk

 


Andrew Bailey, Governor of the Bank of England, has signalled that interest rates might rise.

However, his comments indicate he is not keen to raise them and doesn't think that raising them will actually help the situation.

Therefore, I have to ask, why make such comments in the first place?

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

Please click here for details.

Thursday, October 14, 2021

City of London Booming

Record hiring activity extended into July and August, where 5,300 and 5,700 banking jobs were created respectively.

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

Please click here for details.

China Sticks Two Fingers Up To Climate Change

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

Please click here for details.

Wednesday, October 13, 2021

Putin The Pressure on The EU - Uncle Volodya To The Rescue!


 

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

Please click here for details.

Pensions - Minimum of £10,900 Needed

The Pensions and Lifetime Savings Association (PLSA) have stated that a single person will need post-tax annual income of £10,900 for a minimum standard of living in retirement.

That spending budget increases to £16,700 for a couple.

Here is the assessment link.

Nigel Peaple, director of policy and advocacy at the PLSA is quoted by the BBC:

"The pandemic has emphasised the importance of economic security as well as social and cultural participation in retirement.

We hope the updated standards will encourage people to think about whether they are saving enough for the retirement lifestyle they want and, in particular, whether they are making the most of the employer contributions on offer in their workplace pension."

The calculations for retirement living standards are pitched at three different levels - minimum, moderate and comfortable - and are developed and maintained independently by the Centre for Research in Social Policy at Loughborough University.

The assessment is intended as a guide for those planning their retirement savings. Housing costs are not included on the assumption that most pensioners have paid off mortgages, although the PLSA said that decision would be kept under review.

The minimum retirement living standard covers a typical retiree's basic needs plus enough for some social activities, such as a week of holiday in the UK, eating out once a month, but not including running a car.

The estimate of an annual budget for the minimum standard has risen since 2019 by £700 for a single person, and by £1,000 for a couple.

The total requirement would generally be made up of a full state pension of £9,339 per year, as well as some workplace pension savings.

The moderate retirement living standard includes a two-week holiday in Europe and more frequent eating out.

This was assessed to require a budget of £20,800 for a single person, £600 higher than two years ago, and £30,600 for a couple, up £1,500.

The annual budget needed for a comfortable retirement living standard has increased since 2019 by £600 to £33,600 for one person and £2,200 to £49,700 for a couple.

This covered items such as regular beauty treatments, theatre trips, and annual maintenance and servicing of a burglar alarm. 

The figures may seem reasonable. However, they ignore that fact taht as you get older your lifestyle changes. Those in their 80's are less likely to be changing their cars every so often, upgrading their kitchens or going out quite so much. They will, though, be more likely to spend money on care.

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

Please click here for details.

Tuesday, October 12, 2021

Jobs Galore!

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

Please click here for details.

The Global Energy Crisis


 

The British media, in their desperation to stir the shit, would have us believe that the ongoing rises in energy prices are down to a combination of Brexit and Boris.

Yet, cast your eyes abroad and you can see that the problem is global.

For why?

A number of reasons, including:

- China buying large amounts of LNG

- China cutting back on its coal production (green policies and flooding) 

- Russia playing silly buggers with gas supplies because of its long running dispute with the EU over Nord Stream 2 and Europe not wanting long term contract with Gazprom

- Covid screwing with supply chains 

- The rush to go Green, without having the necessary capacity etc.

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

Please click here for details.

Monday, October 11, 2021

The Global Supply Chain is Blocked

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

Please click here for details.

Thursday, October 07, 2021

Putin Pressure on Europe - Uncle Volodya Offers Terms


 

Yesterday, in a volatile day of trading, wholesale gas prices across the continent surged amid intensifying fears of a winter energy shortage.

Russian Deputy Prime Minister Alexander Novak said on Wednesday at a meeting chaired by Putin, that certification of the Nord Stream 2 undersea gas pipeline, which expects clearance from a Germany's regulator, could cool soaring European gas prices.

Prices have spiked in response to a recovery in demand, particularly from Asia, when storage levels are low.

European benchmark Dutch wholesale gas for November has jumped almost eightfold since the start of the year and reached an all-time high of over 150 euros per megawatt hour (MWh) in the early hours of Wednesday.

Putin told the meeting that Europe was wrong to reduce the share of long-term deals in natural gas trade in favour of the spot market instead, where prices have surged.

"We talked to the European Commission's previous lineup, and all its activity was aimed at phasing out of so-called long-term contracts.

It was aimed at transition to spot gas trade. And as it turned out, it has become obvious today, that this practice is a mistake."

Uncle Volodya stated that Russia is prepared to stabilise the market, and that Moscow is ready to discuss new long-term contracts for gas sales to European consumers.

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

Please click here for details.

Monday, October 04, 2021

Global Supply Chains Are Well Fucked!

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

Please click here for details.

Friday, October 01, 2021

France's Energy Price Block Doomed To Failure

Given that France doesn't control or produce gas, any attempt to block a price rise will cause a disruption in supply and lead to rationing.

It is a policy that is doomed to failure!

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

Please click here for details.

Thursday, September 23, 2021

Bye Bye Evergrande!

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

Please click here for details.

Avro and Green Go Bust and Shut Shop


 

Avro and Green Supply Ltd have gone bust. Avro Energy and Green served an estimated 835,000 customers, bringing the total number of those affected by failed suppliers to 1.5 million.

Here is what ofgem recommend you do (sit tight).

You may expect your bills to be higher, by an average of £400!

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

Please click here for details.

Wednesday, September 22, 2021

Whither Bulb?


 

It seems that the government has not ruled out the nationalisation of the beleaguered energy group Bulb. 

Ministers had hoped other energy suppliers would take on Bulb’s 1.7 million customers, but the verdict has come back that none of the larger outfits have the capacity to cater to so many households at short notice. 

While any such move is seen as the “nuclear option,” sources at both the Department of Business, Energy and Industrial Strategy (BEIS) and the Treasury tell the i that a bailout is “still on the table".

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

Please click here for details.

Monday, September 20, 2021

Evergrande and The Chinese Property Market is Fucked!


 

Ore prices are now falling, this will impact economies outside of China!

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

Please click here for details.

Friday, September 17, 2021

Up, Up and Away - Airlines Surge on Travel Rule Changes

British Airways owner IAG is leading gains on the FTSE 100 in early trading today, in anticipation that the government will announce plans to scrap PCR tests for vaccinated travellers and simplify the current "traffic light" travel system.

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

Please click here for details.

Thursday, September 09, 2021

New Director of The Bank of Afghanistan Appointed

 

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

Please click here for details.

Friday, September 03, 2021

Supply Shortages Hit Recovery

In the medium term the supply shortages will be resolved by market forces and retraining. However, in the short term, prices driven by rising wages will increase and there will be supply disruptions.

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

Please click here for details.

Thursday, September 02, 2021

Goldman Sachs Gets its Tentacles into The Bank of England


 

The Bank of England has hired Huw Pill, a Goldman Sachs veteran and a senior lecturer at Harvard Business School, as its new chief economist.

The appointment will make Pill, 53, one of the most influential economists in the country and puts him on the rate-setting monetary policy committee.

The hiring of another Goldman alumnus drew immediate criticism. Mark Carney, the former governor, was a Goldman banker and Ben Broadbent, deputy governor for monetary policy was a senior economist there.

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

Please click here for details.

Wednesday, September 01, 2021

Supply Shortage Boosts Property Prices

House prices soared 2.1pc last month despite the tapering of the stamp duty holiday, as the market was crippled by a lack of homes for sale.

Tax Investigation Insurance

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Tuesday, August 31, 2021

UK/New Zealand Trade Deal Imminent

Britain is on the cusp of striking £2.3BN trade deal with New Zealand, apparently the deal is imminent.

Tax Investigation Insurance

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Thursday, August 26, 2021

Global Lorry Driver Shortage

Despite pro EU fanatics blaming Brexit for lorry driver shortages in the UK. The reality is that it is a global problem.

As per Trucking Info:

Surveying 777 road transport companies from 23 countries, the IRU found that [the] driver shortage was most acute in Eurasia, where last year 20% of driver positions were not filled. China was the least affected country in 2020 with only 4% of jobs open. Elsewhere, [the] driver shortage was less serious in 2020 than 2019 due to the pandemic. In Europe, unfilled driver positions fell by around three quarters, from 24% to 7% for truck drivers.”

But European companies are expecting a 17% shortfall in drivers this year, 18% in Mexico, 20% in Turkey, 24% in Russia, and almost one third in Uzbekistan, says the IRU.

The survey also investigated the reasons for the driver shortage, finding that a simple lack of trained drivers was the main cause in all regions (38% of respondents). It also cited those “challenging working conditions,” further exacerbated by the pandemic.

As in North America, but worse, the survey also noted difficulties attracting women and young people to the profession.

In Europe production facilities have been moved Eastwards, thus soaking up personnel who would have driven a truck but now work in the factories.

Tax Investigation Insurance

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Wednesday, August 25, 2021

Amigo on The Verge of Collapse

Money lender Amigo is warning it may not survive after revealing it has set aside £345m as a compensation pot against mis-selling claims. 

The business, which lends money to people with poor credit records, also revealed a jump in annual losses to £284m, compared with £38m last year.

In May, the High Court rejected its plan to set aside a separate pot of money for compensation.

Amigo had faced a deluge of complaints the company had mis-sold them loans.

The business is the last sub-prime lender in the market after leading brand Wonga went under.

Amigo, which offered loans with an interest rate of up to 49.9%, was forced to stop lending last year after thousands of complaints from customers who say they were approved for loans that they could never afford to repay. 

As per the BBC in the results statement, which was originally due to be made in July, the company said there was a "material uncertainty" around its ability to continue as a going concern.

Gary Jennison, Amigo's chief executive said he was keen to save the company, as it offered essential finance to those who could not access mainstream lending.

"The issues of the past are real, but do not diminish the need in society for lenders like Amigo," he said.

"Amigo allows ordinary people, excluded by banks and other mainstream credit providers, to access mid-cost finance when they are funding life essentials and to stay away from much higher-cost payday or illegal lenders."

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Monday, August 23, 2021

Sainsbury Rises 7% on Bid Speculation

Bloomberg reports that shares in J Sainsbury Plc rose almost 7% after a report that Apollo Global Management Inc. could be taking a look at Britain’s second-largest grocer amid wider consolidation in the sector. 

Apollo, which has $88 billion of assets under management, is interested in the U.K. supermarket industry, having previously lost out on the chance to take control of Asda, the country’s third-biggest grocer, to the Issa brothers and TDR Capital.

The U.S. private equity firm is also in discussions to join a consortium led by Fortress Investment Group to buy Wm Morrison Supermarkets Plc. If it joins the Fortress consortium, that could rule out any potential involvement in a bid for Sainsbury.

Consolidation is the name of the game.

Tax Investigation Insurance

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Wednesday, August 18, 2021

Afghanistan Contains $1Trillion of Lithium Deposits

Given away to the Chinese and Russians by Biden!

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Average UK House Prices Rise by £31K in a Year

The rise of £31K in one year is more than the average salary of the average employee in the UK.

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Tuesday, August 17, 2021

"World of Work Continues To Rebound Robustly"

 

The number of UK workers on payrolls rose by 182,000 between June and July but was still 201,000 lower than before the pandemic, the Office for National Statistics (ONS) said.

Jonathan Athow, deputy national statistician for economic statistics at the ONS, said: 

"The world of work continues to rebound robustly from the effects of the pandemic.

The number of people on payroll was up again strongly and has now grown over half a million in the past three months, regaining about four-fifths of the fall seen at the start of the pandemic.

Meanwhile early survey figures show that the number of job vacancies passed one million for the first time ever in July."

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Trade Deals With Individual US States

As the prospect of a trade deal with the USA any time soon fades, individual US states are looking to agree trade deals with the UK.

Tax Investigation Insurance

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Thursday, August 12, 2021

4.8% Growth in Q2

The ONS state that UK GDP rose by 4.8% in Q2 of this year. 

Drilling down, GDP grew by 1.0% in June 2021 and is now 2.2% below its pre-pandemic peak: 

-services grew 1.5% (2.1% below February 2020) 

-manufacturing grew 0.2% (2.3% below February 2020) 

-construction fell 1.3% (0.3% below February 2020) 

Services continued to be the main contributor to GDP’s recovery in June 2021, growing by 1.5% in June 2021 following a revised 0.7% growth in May 2021.

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Monday, August 09, 2021

Virgin Atlantic To List in London

The FT reports that Sir Richard Branson’s Virgin Atlantic Airways is planning to list in London in a bid to take advantage of investor expectations of a rapid recovery in international travel. 

The UK-based airline has been presenting to fund managers about a listing on the London Stock Exchange as early as autumn, according to a person familiar with the matter. The potential listing would mark the first time that Virgin Atlantic offers its shares to the public since its launch in 1984 and it would align the British airline with its publicly traded competitors such as British Airways owner IAG, American Airlines and Cathay Pacific. 

It comes as a recovery in both business and holiday travel gathers momentum. Bankers from Citi and Barclays have been appointed to lead the IPO, which was first reported by Sky News. Virgin Atlantic said “we’re not commenting on speculation”. 

 Branson would likely lose his status as majority shareholder, held through the British billionaire’s Virgin Group. The remaining 49 per cent of the company is owned by Delta Air Lines. 

Virgin Atlantic has shaped itself up to list after undergoing a sweeping restructuring over the past year. It has cut more than £300m in annual costs by slashing its headcount by almost half to 5,700 people, exiting Gatwick to consolidate its operations at other major airports and retiring its Boeing 747 jumbo jets. 

Bookings on its US-UK route have jumped 150 per cent since last Monday, when people travelling to England from the US and most European countries no longer had to quarantine if they had been fully vaccinated against coronavirus. The industry is hoping for another uplift if the Biden administration loosens travel restrictions for arrivals from the UK and Europe. 

As well as shaping the airline up for the post-pandemic take off in air travel, access to a larger pool of capital would help the airline to endure future shocks that may cause travel demand to plummet.

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Thursday, August 05, 2021

Bank of England - Steadyish as She Goes!

The Bank of England has kept policy unchanged, with inflation expected to hit 4% in Q4.

Expectations are that GDP will return to its pre-pandemic level in Q4.

Growth will be 7.25% this year, with 6% next year and 1.25% in 2023.

HOWEVER....


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Wednesday, August 04, 2021

£100K Half Year Service Charge for Cladding Replacement

The cladding replacement scandal (in the wake of the Grenfell fire) becomes more ludicrous day by day.

Witness this half year charge of £100K for replacement of the cladding to a building.

How on earth are people meant to be able to pay this? 

If the builders complied with rules at the time of building, then any post build changes to the law that require immediate changes in cladding need to be covered by those that changed the law.....or am I missing something here?

Tax Investigation Insurance

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Tuesday, August 03, 2021

Go Back To Get On!

In echoes of last year's "Eat Out To Help Out" campaign, Rishi Sunak has urged young people to go back to the office for the sake of their careers.

He told LinkedIn News:

“I was telling them the mentors that I found when I first started my job I still talk to and they have been helpful to me all through my career even after we have gone in different ways.

I doubt I would have had those strong relationships if I was doing my summer internship or my first bit of my career over Teams and Zoom.

And that’s why I think for young people in particular being able to physically be in an office is valuable.”

He is of course correct, the slippery pole of office politics can only be climbed with the aid of good personal relationships and being in the right place at the right time.

Tax Investigation Insurance

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HSBC Backs China's Crackdown in Hong Kong

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