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HMRC Consultative Document - marketed tax avoidance schemes

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    For DOTAS/IR35 discussions please use THIS thread

    NOT the NTRT BN66 thread.

    That thread is for BN66/Montpelier/NTRT posts ONLY.
    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
    - Voltaire/Benjamin Franklin/Anne Frank...

    Comment


      Originally posted by Laxmi View Post
      I think we've killed the Argument about Limited Companies PSC not being anything like Perm employment.
      Best get back to BN66.
      Mod Note: You don't need to - I've moved you all.
      "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
      - Voltaire/Benjamin Franklin/Anne Frank...

      Comment


        Originally posted by northernladuk
        Just to add to this a client may use a contractor to bring in specialised skills or experience he may not be have currently in his organisation so not always true when people say a perm and contractor do the same type of work. A perm will turn his hand to anything asked, a contractor comes in to deliver a piece of work the client needs and can't currently source. You could get in to a big argument around all that of course but just worth being clear on that point.
        Yes indeed - the bottom line there's good reasons why both ways of working exist, there's similarities but also massive differences and at the end of the day it's to the client/employers benefit.

        Comment


          Originally posted by cojak View Post
          Mod Note: You don't need to - I've moved you all.
          Thanks and apologies for getting on the wrong thread - the conversation just seemed to drift...

          Comment


            Originally posted by nickersan View Post
            Thank and apologies for getting on the wrong thread - the conversation just seemed to drift...
            No problem - I'll ban anyone for one day who 'drifts' in the NTRT thread in future.

            I'm getting tired of clearing up after you - the NTRT thread is heavily moderated in case you hadn't noticed.

            Please stay here if you want to drift.
            "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
            - Voltaire/Benjamin Franklin/Anne Frank...

            Comment


              What next?

              From the Accountancy & Tax Specialist professions?

              Surely the government has placed a "ticking bomb" into their professions

              Who will ever trust/believe advice from an Accountant or Tax Specialist again, when a government is hell-bent on introducing "retrospective" legislation to always win any argument THEY wish.

              Surely the Finance Bill 2014 is a game changer?

              When will we hear their voice at the highest levels on this matter?
              http://www.dotas-scandal.org LCAG Join Us

              Comment


                Originally posted by LandRover View Post
                From the Accountancy & Tax Specialist professions?

                Surely the government has placed a "ticking bomb" into their professions

                Who will ever trust/believe advice from an Accountant or Tax Specialist again, when a government is hell-bent on introducing "retrospective" legislation to always win any argument THEY wish.

                Surely the Finance Bill 2014 is a game changer?

                When will we hear their voice at the highest levels on this matter?
                The Government has already said that it expects to receive legal challenges against the proposed new legislation and several lawyers and QC's have already argued that it may contravene the Human Rights Act and also that it goes against the Rule of Law
                Connect with me on LinkedIn

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                Comment


                  Originally posted by LisaContractorUmbrella View Post
                  The Government has already said that it expects to receive legal challenges against the proposed new legislation and several lawyers and QC's have already argued that it may contravene the Human Rights Act and also that it goes against the Rule of Law
                  Rule of Law? What is this concept? Being that the government & HMRC make the rules?

                  The Accountancy profession is in deep trouble imho "if" they don't get a major concession on what is drafted in Finance Bill 2014. The "retrospective" element has to be removed, or going forward all advice from Accountants, Tax Specialists and Lawyers will need Wealth Warnings. Changing the rules of a game is one thing, but changing the results after the game is played is stepping over a point of no return.
                  http://www.dotas-scandal.org LCAG Join Us

                  Comment


                    Originally posted by LandRover View Post
                    Rule of Law? What is this concept? Being that the government & HMRC make the rules?

                    The Accountancy profession is in deep trouble imho "if" they don't get a major concession on what is drafted in Finance Bill 2014. The "retrospective" element has to be removed, or going forward all advice from Accountants, Tax Specialists and Lawyers will need Wealth Warnings. Changing the rules of a game is one thing, but changing the results after the game is played is stepping over a point of no return.
                    Actually that is one thing missing from the proposals which I would have liked added to the DOTAS rules.....
                    merely at clientco for the entertainment

                    Comment


                      Originally posted by LandRover View Post
                      Rule of Law? What is this concept? Being that the government & HMRC make the rules?

                      The Accountancy profession is in deep trouble imho "if" they don't get a major concession on what is drafted in Finance Bill 2014. The "retrospective" element has to be removed, or going forward all advice from Accountants, Tax Specialists and Lawyers will need Wealth Warnings. Changing the rules of a game is one thing, but changing the results after the game is played is stepping over a point of no return.
                      The Rule of Law is, essentially the law of the land i.e. the result of legal cases which develop precedents to guide Judges in future cases how to respond or (dictionary definition) "the restriction of the arbitrary exercise of power by subordinating it to well-defined and established laws". Basically, the law should be able to stand alone and not be subject to pressure from the Government. In this case, the Government have over-ridden existing case law by putting into Statute something which gives them the power to collect taxes without giving the tax payer opportunity to defend their position beforehand.

                      I agree that scheme promoters should be targeted by HMRC but most of them would disappear before anything could be done. Accountants can only advise according to current tax law
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                      Comment

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