"Diabolical HMRC service hurts economy - Accountants" ICAEW are not happy! - Redbox Financial
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“Diabolical HMRC service hurts economy – Accountants” ICAEW are not happy!

So, I don’t know about you, but I really hate it when people moan. They just moan all the time and nothing ever gets resolved. They just, but sometimes it is really important to point out things that are going wrong. And today I was just looking at the BBC News website and I noticed there’s a news item on the business section.

Diabolical HMRC service hurts. Economy, accountants. So diabolical is a strong word. And also the fact that it’s apparently hurting the economy, which you know, is not. So since the whole point of the HMRC is to try and get money to help fund everything, if it’s hurting the economy, that’s not a good start, is it?

Because then it is not gonna get as much. And they’re gonna have to tax everyone more. So I don’t wanna be one of the mos, but I just thought I’d scroll down cuz you know, I’m quite interested in the HMRC and also interested in my accountants. And I actually find it’s not just accountants in general.

It is the Institute of Chartered Accountants in England and Wales, which is my body, which is what I pay fees to every year. That regulates me. So when they say so, , they know what they’re talking about. And I take it seriously. And they said that securing basic tax details takes months and is causing delays for companies.

And then one accountant who is nameless, it’s not me, but No, it is. But it says one accountant called the service diabolical and the institute wants an emergency task force drafted in. Now, I love the I C A E W. But I’ve never ever seen them get so worked up about something. So it indicates to me there is something seriously wrong, ongoing on.

So, um, in emergency here, 70,000 calls a day, blah, blah, blah. That’s their excuse. That’s saying, well, that’s why they’re so busy. They did collect 731 billion pounds in tax last year. And then they’re saying about they’ve cut the numbers. Quite drastically. Digitalization, blah, blah blah. So basically load of excuses and covid pandemic.

Yeah, of course. I mean, obviously everyone’s got problems, but even so, if these delays are hurting the economy, hopefully someone’s gonna do something bad and sort it out. What do you think about it? Have you noticed any delays with HMRC or do you think they ought to pull their finger out and get cracking, and what do you.