Thursday, 19 August 2010

The taxman cometh

On return from holiday (hence the gap in these blog entries) I found a letter waiting for me from Woodcocks, our solicitor, and assumed it to be about the meeting we had last month to review the Trusts tax position. In fact events have overtaken us as Chris Pearson has been asked by HM Revenue and Customs to explain the gap between the nominal value inserted in the probate papers against the value reported in the media of Dave's estate. Go back a few months and we had frankly ridiculous and inflated reports in the press about the value of the work.

In the letter details were asked for about any meetings we had with probate valuers regards to valuation of the work that was left on Dave's death, and so on. This will mean going over things that happened two years ago; it's precisely the situation I wanted to avoid by talking with our solicitor last month.

Anyway, I'm certain that we have done all the right things, and correctly. One bonus is that we have this blog - documenting the process and the work we've put in to develop Dave's reputation! 

But anyway,  for now there's another weeks holiday to have and then buckle down to sorting this out and, hopefully, satisfying the tax authorities. 

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