Friday, February 24, 2023

Imagine an Inspector of taxes with this name!

I heard a lovely story recently about an Inspector of Taxes whose name was Mr Millions.  I'm assured it was true. 

Mr Millions worked for the Inland Revenue - in the days before it was rebranded as HMRC.


Many years back before the self assessment system started, Inspectors would 'list' appeals against estimated assessments for hearings before the General Commissioners. And then accountants would routinely call the Inland Revenue to ask for the hearings to be postponed.

This Tax Inspector often had to handle these calls and adopted a standard response when answering his phone. He said: "Millions, no jokes please!"

No comments:

A dozen laws of accountancy that weren't covered in your studies

Trial balances don’t. (Not always, anyway) Working capital does not. (Work, that is) Liquidity tends to run out. (Faster than you thin...