Skip to main content

Data, oil, pipes

I was amazed to hear at Vendorcom that 30% of population's income doesn't get reconciled at HMRC and DWP for reasons such as they only handle RTI from BACS and lots of people use faster payments.

Now I understand! Having recently had occasion to send money to HMRC, I was very surprised to receive a threatening letter from them a month or so later. I can't remember exactly what it said, but it was something along the lines of "we've giving up on chasing Google and Richard Branson, so if you don't send us tenner the boys are coming round to sort you out". Shocked, I logged on to my HMRC business account to see that it said that a) I owed them the tenner and b) I'd sent them a tenner that was sitting there "unallocated". I phoned up and the nice woman up North somewhere said that she would "allocate" the tenner to the money I owed them and it was all good. Afterwards, I did wonder why they thought I'd sent them a tenner (ie, was it for no reason, as they seem to have assumed, or was it in payment for the tenner I owed them).

Comments

Post a Comment

Popular posts from this blog

new survey results from USA Technologies (USAT) suggest. The payments technology company, which enables electronic payments for self-service machines, compared consumer spending activity at 35 of its vending machines in urban areas with a high concentration of iPhone users between week one and week four of the installation of new digital signage promoting Apple Pay. Consumers made more contactless purchases: The vending machine providers saw an average contactless transaction revenue increase of 89%, implying that consumers are making more mobile payments. This was likely driven by the clear advertisement of Apple Pay. Total transactions increased: Consumers made more purchases overall. This was probably driven by an uptick in mobile payments, given the major increase in contactless transaction revenue. And the vending machines may have attracted many first-time users who were drawn in by the digital advertising of Apple Pay. Boosting awareness is key to unlocking pent-up demand amon...
Post a Comment
Read more

David | LinkedIn

Alex Todd rather kindly called this a “most lucid explanation of digital identity management” I would highly recommend this presentation to anyone interested in understanding prospective blockchain based identity architectures From David | LinkedIn This is very kind, but as I said in the link, this is thinking out loud and far from a fully-developed solution. We’re working on parts of this for different clients and I can see that there is something there - a genuinely new way of solving some old problems - but it’s early days.
Post a Comment
Read more

Crystal clear: Creating hyper-transparent property markets - JLL Real Views

xxx The issue of transparency is going to play a major role in the allocation of an avalanche of global commercial investment into real estate over the next decade. With total sums at stake predicted to rise from US$700 billion to over $1 trillion a year by the mid 2020s, according to JLL, countries and cities which meet investor demands on transparency will be best placed to attract these capital flows. From Crystal clear: Creating hyper-transparent property markets - JLL Real Views xxx
Post a Comment
Read more