Don’t be Mugged by the Taxman
Don runs a small company, in fact at the moment he is the only employee. Although he makes ‘every effort’ to comply with the requirements of the Taxman he recently made a small but devastating mistake.
It was early one January morning when Don, feeling at one with the world, arrived at work and started opening the morning post. A buff envelope from HM Revenue and Taxes took his eye and so he opened it first.
Inside was a letter headed ‘Notice of Penalty Determination’ in bold letters.
Don was surprised to say the least, what penalty, when, how. This initial shock soon changed to terror and a sick feeling deep in his stomach as he read:
‘statutory penalties that you must pay are £ 800.00’.
---------------------------------------------------------------------------------------
Please Login or Register to read the rest of this article's exclusive content!
---------------------------------------------------------------------------------------
