Skip to main content

What do taxi drivers know about tax?

Many years ago I travelled by train to Penrith in Cumbria, to present a talk to the local CIOT branch. In the cab I then took to reach the venue the driver asked me what I was doing in Penrith and I explained:
“I’m here to give a lecture to a group of tax advisers”.
For a moment I was thrown as he seemed very miffed. It then became clear from his reply that he had misheard me:
“It would be nice to have been invited. I’ve been a taxi driver here for over ten years!”
I was unable to keep a straight face!

I shared the story during my talk and at the tea-break one of the delegates came over to explain she’d had a similar problem recently.

When arranging her car insurance by phone, she was astonished by the premium quote. It was more than 8 times what she had paid the previous year. She queried the figure and was told this was due to her profession, and the risks inherent in this.
“What are the inherent risks of being a tax adviser?” she asked.
At which point it became apparent the insurer had thought she said she was a ‘taxi driver’.


Post a Comment

Popular posts from this blog

How many accountants does it take to change a light bulb?

How many accountants does it take to change a light bulb?




How many would you like it to be?

How many accountants does it take to change a light bulb?




What kind of answer did you have in mind?

How many accountants does it take to change a light bulb?



Hmmm....let me run a few numbers and get back to you....

How many accountants does it take to change a light bulb?



Two. One to change it and one to make sure it was done within budget

And lastly, my favourite:

How many accountants does it take to change a light bulb?



One, but he'll have 1500 of them to do on 31st January.

(This response was suggested by Adrian Higgs)

Are you a prostitute or are you an auditor?

1. You work very odd hours.

2. You are paid a lot of money to keep your client happy.

3. You are paid well but your pimp gets most of the money.

4. You spend a majority of your time in a hotel room.

5. You charge by the hour but your time can be extended.

6. You are not proud of what you do.

7. Creating fantasies for your clients is rewarded.

8. It's difficult to have a family.

9. You have no job satisfaction.

10. If a client beats you up, the pimp just sends you to another client.

11. You are embarrassed to tell people what you do for a living.

12. People ask you, "What do you do?" and you can't explain it.

13. Your client pays for your hotel room plus your hourly rate.

14. Your client always wants to know how much you charge and what they get for the money.

15. Your pimp drives nice cars like Mercedes or Jaguars.

16. Your pimp encourages drinking and you become addicted to drugs to ease the pain of it all.

17. You know the pimp is charging more than you are worth but if the client…

Ken Dodd and the Inland Revenue

The comedian Ken Dodd, was prosecuted for tax evasion in 1989 as has been mentioned on this blog before, here and here. I'd love to find a clip of him talking about it in his act. For now though here are a couple of references to comments he makes about the experience.

He is known to introduce himself as a “failed accountant”. That, he explains, is simply to establish a rapport with the audience. “People today are all stressed out about home economics, and accountants are the current bogeymen. [Since when?]

Dodd is the butt of a lot of his material and repeated references are made to his love of money, his dislike of what he insists on calling the Inland Revenue and his past run-in with them. “They sent me a self-assessment form the other day. To me! I invented self-assessment.”

During the trial it was revealed that Dodd had very little money in his bank account. He did however have £336,000 in cash stashed in suitcases in his attic. When asked by the judge, "What does a…