Good News / Bad News
Good news is rare these days, and every glittering ounce of it should be cherished and hoarded and worshipped and fondled like a priceless diamond.
Hunter S. Thompson
Last weekend (27th and 28th June 2015) the finance team at Fitch , cycled 360km in Ireland from Belfast to Dublin and back raising over £10,000 for Fields of Life a UK charity building a new school in Onialeku, Aruain northwest Uganda
The cycling team was made up of Michael Fitch, Chief Executive, Paul Flynn, the Financial Controller and three others from Fitch Chartered Accountants. The cycle was part of the annual Cooperation Ireland Maracycle. Maracycle is one of the most popular and friendliest biking sportif in Ireland, attracting hundreds of cyclists each year. The first Maracycle took place in 1984 to show support for an end to violence and a peaceful future for the people of Ireland.
Over the years, Arua, Onialeku, northwest Uganda and the surrounding area have had their own difficult history. Paul Flynn, Fitch’s Financial Controller said “There is no doubt that, when a new school is built for the children of Onialeku and the surrounding area with the help of their distant friends in the UK and Ireland, a whole new energy will be injected into the existing school and the local community, great pride will be taken in it and the children of the district will be given the hope of a better future”.
Michael Fitch said “the 360km cycle was gruelling, at times painful and surprisingly emotional. Harwood House has the ambition of being the best provider of passionate, person-centred care and nursing for adults. Despite the pain it was a delight not only to cycle to promote the compassionate care provided at Harwood House but also to show that same compassion for children in Uganda.”
All of us at Fitch would like to thank you for your kind donations and remind everyone that donations can still be made here : https://mydonate.bt.com/fundraisers/fitchmaracycle
“Never awake me when you have good news to announce, because with good news nothing presses; but when you have bad news, arouse me immediately, for then there is not an instant to be lost.”
Northern Irish Tax Force
HMRC have announced a new Northern Irish Tax force to probe unpaid taxes in Northern Ireland in the hope of recovering £18m of Tax.
HMRC is using Land Registry and Merchant Acquirer data to identify those with “badges of wealth” such as large houses, aeroplanes, boats and undeclared offshore bank accounts which are not in keeping with the information they report to HMRC.
HMRC’s Ian McCafferty, Taskforce Lead, said:
“Our intelligence shows that people being targeted by this taskforce have no intention of playing by the rules and could end up facing a heavy fine or even a criminal conviction. Those who pay the tax they are supposed to have nothing to worry about.
“Using the information we hold, we can target people whose lifestyle does not reflect the tax they are paying. It’s not fair that a small minority are living the millionaire lifestyle as a result of them not paying their tax, while the rest of us live within our means and pay our fair share.
“Earlier this year a separate taskforce used similar HMRC data to identify and prosecute Dr Francis Gerard D’Arcy, a Belfast ear, nose and throat consultant. After a successful prosecution, he was sentenced to four concurrent, two-year jail sentences for evading taxes of nearly £500,000. This new taskforce will be targeting similar wealthy individuals who have evaded their taxes.”
HMRC have used to the announcement to promote their Tax Evasion Hotline.
This is bad news for all the compliant taxpayers who may get caught up in the chase.