Have you received a ‘nudge’ letter?

A number of  businesses and individuals have received letters from HMRC requesting detailed information about subjects ranging from rental accommodation and offshore income to the employment status of contractors. What’s going on, and how should you respond? HMRC’s Connect computer system collects data from public and private sources, which HMRC uses as the basis for…

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The financial crisis no one is talking about.

Auditing is not a sexy subject. But in recent years the auditors of our major businesses have let the public down to a staggering extent. Let me start by restating why audits were introduced. In the 19th century, to encourage trade, businesses were allowed to become limited liability companies, meaning that the liability of the…

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