Originally posted by slogger
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No To Retro Tax - Ongoing battle against S58 FA2008
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I'm in.....
First payment made, paperwork sent to CCW yesterday, standing order in place. No longer in any mood to compromise on this. Bring it on!!
MishimooComment
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327 members signed up to TAA
(Fighting fund - £294,300)
Please note
Any surplus cash at the end of the legal process will be re-distributed to people who signed up.Comment
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APN's and Time to Pay
Hi
I was wondering if anyone knows what will happen if you cant pay the APN, have to declare yourself bankrupt and lose your job as a consequence but later (however many years down the line) win at the FTT with TAA. Would HMRC be able to retrospectively un-bankrupt you and compensate you for losing your job?
I've signed up for TAA but am working away from home so can't gather my paperwork yet. Can I make the payment first and sort out the paperwork later?
JLGComment
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Originally posted by jlg15333 View PostI was wondering if anyone knows what will happen if you cant pay the APN, have to declare yourself bankrupt and lose your job as a consequence but later (however many years down the line) win at the FTT with TAA. Would HMRC be able to retrospectively un-bankrupt you and compensate you for losing your job?
At the moment we don't know how far HMRC will go to enforce APNs. Even if they wanted to bankrupt someone, would a court agree to this? After all, although it's technically a debt, the underlying tax is still in dispute.
ps. someone asked an FOI about this
https://www.whatdotheyknow.com/reque...ncoming-552691Last edited by DonkeyRhubarb; 27 May 2015, 12:20.Comment
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I was in the MP scheme but am not currently a member of NTRT.
Isn't it the case that it doesn't matter which appeal wins (Huitson, Shiner or NTRT) because everyone in the scheme will benefit from the precedent anyway?
£1200 is quite a lot of money to fork out if it's not necessary.Comment
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Originally posted by DonkeyRhubarb View PostNo, and therein lies the unfairness of it.
At the moment we don't know how far HMRC will go to enforce APNs. Even if they wanted to bankrupt someone, would a court agree to this? After all, although it's technically a debt, the underlying tax is still in dispute.
ps. someone asked an FOI about this
https://www.whatdotheyknow.com/reque...ncoming-552691
They will not answer the bankruptcy as they want to keep it as a big stick, ala a nuclear deterent. However, personally I really cant see a court bankrupting someone over non-payment of an APN. What they do say is they will seek bankruptcy if assets are concealed or passed on. Thats a very different situation as the implication is you have the ability to pay, you have just purposely avoided it, therefore bankruptcy proceedings would recover those assets to pay off the debt.Comment
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Originally posted by DonkeyRhubarb View PostNo, and therein lies the unfairness of it.
At the moment we don't know how far HMRC will go to enforce APNs. Even if they wanted to bankrupt someone, would a court agree to this? After all, although it's technically a debt, the underlying tax is still in dispute.
ps. someone asked an FOI about this
https://www.whatdotheyknow.com/reque...ncoming-552691
If you can demonstrate you have no cash then what does it matter whether the no cash sits with you or with them?
It would be in their interests to wait until the debt is beyond dispute to then clean you out when you have had some time to increase your assets.Comment
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Over £300,000
335 members signed up to TAA
(Fighting fund - £301,500)
Please note
Any surplus cash at the end of the legal process will be re-distributed to people who signed up.Comment
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Originally posted by ns1 View PostI was in the MP scheme but am not currently a member of NTRT.
Isn't it the case that it doesn't matter which appeal wins (Huitson, Shiner or NTRT) because everyone in the scheme will benefit from the precedent anyway?
£1200 is quite a lot of money to fork out if it's not necessary.
Paying into NTRT is absolutely necessary. If all of us thought like that we'd be screwed by now.
Join in and start contributing. Together we are stronger.
£1200 is a drop in the ocean compared to most people's six figure liabilities.Comment
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