Of course we all pay our tax and encourage our clients to do likewise but penalties for inaccurate record- keeping? Is a brown paper job inaccurate? Many in the SME sector store the important bits in their head and do very nicely, thank you. They duly deposit a mound of scraps with the accountant at the year end and it’s all there. But, how would that be viewed by an inspector from HMRC? That’s a three grand penalty mate! Even more than the accountant’s bill.