Why accepting help is a sign of wisdom, not weakness

Why accepting help is a sign of wisdom, not weaknessIt is more common than you think for people to consider that accepting help is a sign of weakness.

Actually, it’s a sign of wisdom!

While it may sound simple enough, accepting help is something that can be extremely challenging for all of us at one time or another.

It can be especially hard for those of us that believe that seeking help undermines our independence and our ability to cope. However the truth is that by refusing to accept help, we ignore the fact that we are social beings who need to co-operate with one another in order to ensure that we thrive.

Seeing seeking help from others as a weakness is often a very ingrained pattern of thinking and may therefore be hard to overcome.

Be honest and challenge yourself!

Why accepting help is a sign of wisdom, not weakness:

  • Is this affecting you or your business?
  • Consider exactly why you think that asking for help is a sign of weakness.
  • Work through how not wanting to ever seek help is reinforced by unrealistic ideals and wishful thinking.
  • Look to reality instead of relying on wishful thinking.

Whatever your challenges or issues, why not seek support? It may just be what you need to do right now.

Omni Chartered Accountants specialise in offering free, impartial advice to prospective clients and existing ones – If you have a problem and feel we could help, why not request a free of charge call back from our website or enquire online today!

HMRC issue 10,000 accelerated payment notices

HMRC issue 10,000 accelerated payment noticesHM Revenue & Customs’ annual report has revealed that about 10,000 accelerated payment notices were issued in 2014/2015 to people involved in tax avoidance schemes.

HMRC can make taxpayers pay disputed tax in advance, under the rules of accelerated payment, instead of waiting for the outcome of a tax tribunal ruling. If the taxpayer wins, the monies are reimbursed with interest.

It was originally expected that around £210m would be collected as a result of the move by March 2015. However, HMRC has actually received £596m; only £28m has been refunded after legal disputes, earning £568m.

Follower notices

HMRC also issued 379 follower notices to tax avoidance users for the first time. Follower notices advise tax avoiders to pay disputed tax after court rulings in similar cases that find in HMRC’s favour. In 2014/2015, HMRC issued follower notices with a total value of more than £170m.

The report also revealed that 89.7% of complaints made to the adjudicator about HMRC were upheld either in full or in part in 2013/2014.

HMRC has been under rising pressure following cuts and also criticism over its handling of letters and telephone calls. In June 2015, it was announced £45m would be invested to improve its customer service.

The latest report revealed £210m in cost efficiencies in 2014, in areas that include reducing workforce, IT and procurement costs. Total sustainable cost savings over the past four years amount to £991m, which has exceeded the target by £25m.

The annual report also revealed HMRC’s tax income rose nearly £12bn to £517.7bn; HMRC has put this down to economic growth and the continued clampdown on tax avoidance and evasion.

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