Friday, December 21, 2007

Tax themed Christmas carol

Rudolph the red-nosed reindeer
Hated paying NIC
Went to a sharp adviser
Paid the man a hefty fee

He told the other reindeer
You should do the same as me
Go and see my adviser
Get yourself an MSC

Then one foggy Christmas eve, the taxman came to say:
"Your idea was not so bright
You owe tax, you're banged to rights"

So all the deer were bankrupt
Didn't have a bean they said
Now taxman's after Santa
He'll be really in the red.

Written by Chris Williams of Baker Tilly and
first published in Taxation magazine 20 December 2007

No comments:

How to persuade the taxman your dog is a tax deductible business expense

Many years ago a publican had a meeting with a tax inspector in his pub. The publican had been claiming tax relief in respect the upkeep of ...