BN66 - Time to fight back!!!

[SantaClaus]

several

PS Hi Santa - for Christmas I would like Mal to seriuosly f**k off. I have been a good boy - can you arrange this please?

ho ho ho

[normalbloke]

I think that time frame is optimistic. My understanding is that the route it:-

Normal Court -> Court of Appeal -> House of Lords -> ECHR.

Each of these will involve a fairly length wait, the end of 2010 is only 18 months away. The M + S VAT case took 12 years in all

Is a Judicial Review the same as an 'ordinary' Court case then in Legal terms and handled in the same manner? Or is a a legal process in its own right with its own appeals procedure? Other posters seem to have said that if the JR goes the way of HMRC the next step for MP is the ECHR.

As ASB said... no way will anything be settled in the next few years if both sides are prepared to raise the stakes to the limit. I know HMRC have a unique accounting style which means Tax Barristers etc al cost them nothing (but cost the 'taxpayer' a mint...and lets leave the obvious sniping shall we..). I hope MP have the resources to take it all the way as well if necessary.

[BrilloPad]

Is a Judicial Review the same as an 'ordinary' Court case then in Legal terms and handled in the same manner? Or is a a legal process in its own right with its own appeals procedure? Other posters seem to have said that if the JR goes the way of HMRC the next step for MP is the ECHR.

As ASB said... no way will anything be settled in the next few years if both sides are prepared to raise the stakes to the limit. I know HMRC have a unique accounting style which means Tax Barristers etc al cost them nothing (but cost the 'taxpayer' a mint...and lets leave the obvious sniping shall we..). I hope MP have the resources to take it all the way as well if necessary.

Oh yes - the sum involved are mouth watering. montp have the pockets to take this all the way - and they will.

[BrilloPad]

Malvolio regularly posts antagonistic comments on numerous threads. Why get so wound up about it? If you disagree don't bother to reply, you don't have to defend yourselves to him.

That said, he often makes valid points and I'm not so sure that just because you disagree with what he is saying it makes it invalid. In fact personally I reckon he is right more often than not.

I have been following and occassionally posting on this thread because (a) it is interesting and (b) I disagree with retrospective 'clarification'. To be clear, I support you and hope you beat HMRC.

I suggested a while back you create a private forum (e.g. using www.informe.com - takes 5 mins) so you can discuss things you don't want the public and/or HMRC) to see.

If you are going to use a public forum for your discussions, you can't tell people to flip off it. You don't own it. All this Mr B stuff is just irritating.

Problem with private threads is attracting new members - we are gathering necomers here. We have no access to montpelier email lists.

Is anyone here getting wound up by Mal? I know I am not - but I am not going to have him dis-heartening newcomers(his favourite game).

Mr Brannigan (hello ) is a regular reader. I want him to know that I suffer from OCD. And that I hve been involved in some very very nasty things. I dont mind him doing his job - but I object to him hitting below the belt. If by some miracle montp lose there will be some people looking for retribution - and I intend to help them all the way.

[max]

Mr Brannigan (hello ) is a regular reader. I want him to know that I suffer from OCD. And that I hve been involved in some very very nasty things. I dont mind him doing his job - but I object to him hitting below the belt. If by some miracle montp lose there will be some people looking for retribution - and I intend to help them all the way.

Just so we're clear, you would physically attack him if you think he has done something illegal or otherwise not to your liking? Some sort of lynch mob with the other people looking for retribution? Or do you mean, you'd get "retribution" through the courts?

[BrilloPad]

Just so we're clear, you would physically attack him if you think he has done something illegal or otherwise not to your liking? Some sort of lynch mob with the other people looking for retribution? Or do you mean, you'd get "retribution" through the courts?

You are a funny guy!

I'll be talking to SantaClaus before I answer that one.

[BolshieBastard]

They will include the figures for tax and interest in the Closure Notices that will be heading our way any time soon.

One point regarding CTDs, you only need to take out a CTD to cover the tax part of the liability.

You may as well put the accrued interest in the highest paying savings account you can find. Personally, I am going one step further and investing the interest in an ISA. If, as ASB suggested earlier, the case does drag on for many years, then you may as well use the money to your best advantage.

How does this work DR? If you only take out a CTD to cover the tax, what about the interest? Does this attract more interest on itself?

[BrilloPad]

How does this work DR? If you only take out a CTD to cover the tax, what about the interest? Does this attract more interest on itself?

There is no interest on interest. So you can earn more putting it in an account.

[BrilloPad]

Just so we're clear, you would physically attack him if you think he has done something illegal or otherwise not to your liking? Some sort of lynch mob with the other people looking for retribution? Or do you mean, you'd get "retribution" through the courts?

However I will tell you one thing - as I have posted several times before - f4j is run by one man. He is called Matt O'Connor. As you can imagine he is tough and uncomprimising - what you would expect from someone who runs an organization with a bigger file on them than Al Quaeda. And Matt once called me the most evil c**t he had ever met. In fact, when he gave me the signed copy of his book (where I feature several times) he put that inscription in the front.

[DonkeyRhubarb]

How does this work DR? If you only take out a CTD to cover the tax, what about the interest? Does this attract more interest on itself?

HMRC charge simple interest, not compound interest. For example, suppose your liability as of today was £100k tax + £40k interest. In a year's time (assuming 7.5% interest) your liability would be:
£100k + £7.5k (+ £40k)

In 2 years, it would be:
£100k + £7.5k + £7.5k (+ £40k)

If you stick £100k in a CTD today, then your liability would be fixed forever at £140k. There is no point in putting the extra £40k in a CTD because it pays a piss poor rate of interest.