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A lobbying campaign has been launched to seek to get the retrospective element of S58 amended so the legislation only applies from the date it was announced in Budget Note 66 published on 12th March 2008.
A lobbying company has been appointed - The Whitehouse Consultancy | Specialists in public and parliamentary affairs
The main objectives of the campaign are:
1) to lobby for an amendment to S58
2) to assist promoters with Tax Tribunal appeals, Europe etc.
3) to instigate a formal complaint against HMRC's conduct as well as an ombudsman enquiry
4) to provide an information & support focal point for all victims of S58
For more details, visit the campaign website.
No To Retrospective Taxation | Campaign Against Retrospective Tax Legislation[/
Please join the members area and make a donation to fund the campaign.
See previous thread for outcome of earlier court cases.
Link to previous thread
All the main promoters Montpelier, Steed, deGraaf and PwC are now collaborating.
It is likely that test cases will be heard at 1st-tier Tribunal late 2012/early 2013. Precise details of the grounds of appeal etc. have yet to be confirmed.
Steed applied to ECtHR in Strasbourg in January 2009. Their application is still in the system.
It is understood that enquiries are being made to see if Montpelier & PwC can be included in this application.