Contractor UK Bulletin Board  PayStream

Go Back   Contractor UK Bulletin Board > Contractor UK Forums > Accounting / Legal
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Closed Thread
 
Thread Tools Display Modes
Old 24th July 2008, 11:36   #1011
max
More time posting than coding
 
max's Avatar
 
Join Date: Mar 2007
Posts: 309
Default

Quote:
Originally Posted by normalbloke View Post
Received a communication from Mr B today, informing me the Bill was now law and to expect a 'closure notice'. Also mentioned something about 'jeopardy assessments' being raised to 'protect the interest of HMRC'. Anyone know more about these?

Google returned this as the first result:

http://www.hmrc.gov.uk/manuals/emmanual/em8515.htm

Don't you get google on your internet?
max is offline  
Old 24th July 2008, 11:52   #1012
SantaClaus
More time posting than coding
 
SantaClaus's Avatar
 
Join Date: Dec 2005
Location: Lapland
Posts: 414
Default

Quote:
Originally Posted by BrilloPad View Post
Just heard from mp - obviously they have been contacted by loads of people! mp are in discussion with tax counsel - hope for formal response tomorrow!

DONT PANIC!!! :-)
At last, the sleeping hippo Montpelier has stirred into action
SantaClaus is offline  
Old 24th July 2008, 12:21   #1013
redkieran
Not worth listening to
 
Join Date: May 2008
Posts: 18
Default

I've got my letter too. It will be interesting to see what MP's response is.

Slightly less interesting will be the missus' response...
redkieran is offline  
Old 24th July 2008, 12:23   #1014
helen7
Lurker not a fighter
 
Join Date: Feb 2006
Posts: 70
Default

Well it is law now, nothing we or MontP can do about that.

There only defense being a breach of human rights.....I can't see them winning.

Time to face reality peeps and write those cheques.

Also glad to hear they are rewriting IR35 to ensure we are all caught...A good day for contracting :-(
helen7 is offline  
Old 24th July 2008, 12:36   #1015
scott_free
Lurker not a fighter
 
Join Date: May 2008
Posts: 46
Default

Quote:
Originally Posted by helen7 View Post
Well it is law now, nothing we or MontP can do about that.

There only defense being a breach of human rights.....I can't see them winning.

Time to face reality peeps and write those cheques.

Also glad to hear they are rewriting IR35 to ensure we are all caught...A good day for contracting :-(
Did the letter include the amount due ?
scott_free is offline  
Old 24th July 2008, 12:44   #1016
SantaClaus
More time posting than coding
 
SantaClaus's Avatar
 
Join Date: Dec 2005
Location: Lapland
Posts: 414
Default

Quote:
Originally Posted by scott_free View Post
Did the letter include the amount due ?
There was no amount due, just a threat to submit a revised self assessment.
SantaClaus is offline  
Old 24th July 2008, 12:49   #1017
normalbloke
Not worth listening to
 
Join Date: May 2008
Posts: 29
Default

Quote:
Originally Posted by max View Post
Google returned this as the first result:

http://www.hmrc.gov.uk/manuals/emmanual/em8515.htm

Don't you get google on your internet?
That applies to Companies and their directors - no mention of individual tax payers. Perhaps you'd be good enough to explain to me how it can be applied to individuals, or point me to the correct link.

Dont you read pages before pointing people at them?
normalbloke is offline  
Old 24th July 2008, 12:50   #1018
scott_free
Lurker not a fighter
 
Join Date: May 2008
Posts: 46
Default

Quote:
Originally Posted by SantaClaus View Post
There was no amount due, just a threat to submit a revised self assessment.
Why a threat, surely if law they will be issuing revised bills - I guess they gave no timeframe
scott_free is offline  
Old 24th July 2008, 12:53   #1019
ASB
Super poster
 
Join Date: Jul 2005
Posts: 2,413
Default

Quote:
Originally Posted by normalbloke View Post
That applies to Companies and their directors - no mention of individual tax payers. Perhaps you'd be good enough to explain to me how it can be applied to individuals, or point me to the correct link.

Dont you read pages before pointing people at them?
Search on HMRC will yield everything you want to know (and lot's you don't) about Jeopary Amendments and Closure Notices. Of course which bits apply to your specific circumstances can only really be determined by you. As far as I am aware these generally arise because by status there can only be one specific SA per year for a tax payer so the protocol becomes complex if there is, or might be, more than one revision.
ASB is offline  
Old 24th July 2008, 13:25   #1020
SantaClaus
More time posting than coding
 
SantaClaus's Avatar
 
Join Date: Dec 2005
Location: Lapland
Posts: 414
Default

Quote:
Originally Posted by scott_free View Post
Why a threat, surely if law they will be issuing revised bills - I guess they gave no timeframe
The big question I have is whether they can force payment from us before the Judicial Review and court battle in the European Court of Human Rights.

The term "threat" refers to wording in the letter that suggests they think they can.
SantaClaus is offline  
Closed Thread


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Forum Jump


All times are GMT. The time now is 20:22.


Advertisers
PayStream

CUK Navigation

Contractor Alliance
Formed a new Ltd Co?

20% off business insurance
£10 off Bauer & Cottrell contract reviews
Find co-workers & client introductions

Increase your value to clients here

Fast Company Formation
Same day online company formation £75 + VAT

Form your Ltd Co Here

Contractor Services


 
Content Relevant URLs by vBSEO 2.4.0 © 2005, Crawlability, Inc.