Making Tax Digital and AMLS
The intention behind MTD is to whack up accountancy bills and, for this I thank HMRC. However, looking more carefully for the truth, I do not thank HMRC since in practice I expect MTD to fail. And the clients do not appreciate that. The other 'deadline' is Anti Money Laundering Supervision by HMRC for which I have to pay hundreds of pounds. I and my wife are 79 years old and we go nowhere near money-laundering - as I have stressed to HMRC in the past. But HMRC ignore all that
10 hours ago1 min read
The Birthday Paradox
Last night I heard a BBC World Service programme "Unsuspected Elements" hosted by Marnie Chesterton, a friend of myself and my wife and whose father was a contemporary of mine at school and arguably the politest man in England. Marnie introduced listeners to The Birthday Paradox where a chap invites people to his birthday party. The wording of the invitation is quite detailed. It says: "Please come to my birthday party to be held on 16th February in my drawing-room at 6.00 p.
1 day ago1 min read
Palantir warns
Palantir is under pressure from professional shorters in the USA. If they win it will not be the case that the others engaged in A1 escape. The question is: is this now? I do not know. Although funnily enough I think London stocks will continue upwards even if Nasdaq 100 comes off 20%. This is because there are so many stocks in London that are basically cheap where provided HMG stops blundering for a few days animal spirits will take over.
2 days ago1 min read
Thruvision (THRU) is clearing ahead
THRU has today announced the success of its "Security as a service" option. this indicates to me that THRU is making a profit which will remove any question of its requiring refinancing in mid 2027. The current price of 1p is barmy.
3 days ago1 min read
