Thursday 24 May 2012

Do as I say............

Do as I say, not as I do............

I spoke to a very agrressive lady from HMRC yesterday about the tax arrears of a client of mine. She basically said that as he was "well paid" he should have the money and should pay the tax straight away and not by installments (completely ignoring the fact that his profit is a paper one and that in cash terms he made a loss because customers are very slow in paying!).

How ironic then, that yesterday to OFT told off Wonga.com for chasing their debtors vigorously and refering to their employment status (apparently if you Wonga.com and are employed in the public sector, they see that as a guaranteed income that means you should have the money to be able to repy them).

One rule for HMRC and another rule for everyone else it seems............

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