Quote:
Originally Posted by RichardCranium
1000th post ... and I have never been able to work out what this thread is about.
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There is a company called montpelier who operate from IOM. Alot of people used it to minimize the tax they pay. HMRC was going to put 4 cases before commissioners last year - but decided they would lose. So put bn66 through parliament instead. This closes the scheme - but applies the legislation retrospectively back to 1987.
montpelier aren't very communicative, so alot of people exchange information about the scheme here. this is unfortunate as it is a public forum - so HMRC can read what people think.
hello Mr Brannigan
