BN66 - Time to fight back: Continued

[BrilloPad]

Does anyone know whether the closure notices issued to date have been against the biggest tax demand? I havent received any closure notice and am just wondering if hMRC are going for the big hitters as it were, first?

Apparently they are supposed to issue closure notices to everyone......

[poppy01]

Hey this list could be fun! Lets have some more current and future problems that await us:

• A billion pounds of local govt. money lost to Icelandic banks
• The pound diving towards its 1998 value
• The 2008/09 winter of discontent.
• Retirees on the poverty line when they find their pension is worth nothing.
• Rising taxation to pay for the ever increasing public sector wage bill followed by public discontent and riots on the streets.
• Labour govt. booted out of office and replaced by a Tory govt.
• HMRC humiliated in the European Court Of Human rights
• Our friend Hector sacked and replaced by Indian slave labour for 1/50th of the cost

In the event we lost the JR how about this :-

1. GB's 'here comes the cavalry act' fails and the world economy crashes and burns.
2. 1000+ families are made destitute by the retrospective taxatation embedded in the 2008 finance bill, 1000 more manage to pay but at severe personal cost, there are 200 family breakdowns, 15 suicides, and one guy kills his family and burns the house down.
3. The recession deepens, 2.5 million unemployed, contracts become few and far between, many of those who managed to negotiate terms with HMRC default on payments and also become bankrupt. Further marriage breakdowns and suicides.
4. In 2010 Alex Salmond wins a referendum on Scotish independance, Scottish MP's in Westminster are removed from office.
5. The general election results in a rout of Nulabour, 5 ministers lose their seats. With their natural support base gone, it becomes hard to see how Labour can ever recover from the depths of the defeat. The conservatives under David Cameron have a 300 seat majority in the commons now there are no more scottish MP's.
6. George Osborne undertakes a major review of the Taxation system, with the determination to create a fair and transparent system that offers certainty and simplicity. As part of this review :-
7. IR35 is abandoned.
8. The retrospective aspect of BN66 are reviewed, and the amendment that the Tories originally proposed during the Treasury Comittee debate. i.e. that the measure should be effective from April 2008, is reinstated. This change is made retrospectively, the Clause which stated that the changes had 'always had effect' is nullified
9. All the actions of HMRC on the basis of the retrospective elements are instantly made unlawful.
10. A class action is brought by the affected individuals and the estates of those who have since died against the illegal actions of HMRC. All tax recovered is repaid with interest.
11. In a massive review of HMRC, the new simpler taxation allows for massive cutbacks in HMRC staff levels.

I think this illustrates the paradoxical nature of 'retrospective' tax law. i.e. what's to stop it being changed back retrospectively. These are obviously the actions of a maniacal government that thinks it will be in power forever.

'maybe I'm a dreamer, but I'm not the only one'

[BrilloPad]

Apparently they are supposed to issue closure notices to everyone......

In fact - my mole at HMRC tells me that some at HMRC are not very happy with the other offices.

Thank goodness I kept in touch with my some of ex's friends even though I hardly speak to my ex.......

[poppy01]

In fact - my mole at HMRC tells me that some at HMRC are not very happy with the other offices.

Thank goodness I kept in touch with my some of ex's friends even though I hardly speak to my ex.......

I'm a bit confused, I thought the SCO would issue the notices not the individuals tax office. But then I know f* all

[DonkeyRhubarb]

PwC and KPMG

Someone mentioned PwC and KPMG in a post a few days ago but I can't find it now. Has it been pulled?

I can't remember whether the poster said that PwC and KPMG had been warned off by the government or they had decided to back away for fear of losing government contracts.

Whatever the case, where does this leave their property developer clients? Surely they must be in it individually (if not collectively) for a lot more than us, and I can't see them being willing to just cough up the tax & interest without a fight.

I've tried searching on the Web but I can't find anything about these property developers, which strikes me as a bit fishy. Surely you would expect them to be kicking up an even bigger stink than us?

<Begin Conspiracy theory>
Unless of course they are being given special treatment to keep them quiet. It is clear that the government are only interested in bashing us contractors, so maybe a deal has been cooked up behind closed doors to keep KPMG and PwC out of the fray.
</End Conspiracy theory>

I know this is a bit far fetched but don't other people think it's a bit odd that we haven't heard more about these Property Developers?

[Ratican]

Property developers

I know there is at least one property developer here.. but on a MP scheme? I guess there are a lot lurking.

Anybody been on KPMG or PWC schemes?

If so - what are you being told - or is silence required?

[SantaClaus]

In fact - my mole at HMRC tells me that some at HMRC are not very happy with the other offices.

Thank goodness I kept in touch with my some of ex's friends even though I hardly speak to my ex.......

I hope their heating packs up over winter and they shiver in their coats at their desks.

[onyx]

Quote:
Originally Posted by onyx

I've been advised by a solicitor that the debt would pass onto the spouse.

How.

The estate needs to be settled before probate is granted. "All" that happens is that the deceased share of joint property is taken into account in valuing the estate and thus the amount available for settling the debt. This may make it look (and feel) as though the debt is passed on but it isn't actually the case.

ASB - You're absolutely right - sorry for not being clear enough in my initial reply to Mossman. In my case I effectively interpretted this as passing on the debt to my spouse - in other words they WOULD pursue her after my death as we own a house together.

Transferring the property 100% into the spouse's name is also futile to an extent. I was advised that the assets would need to have been in her name exclusively for a certain amount of years (I can't remember the exact number) in order to protect them (stands to reason).

[Hawkwind]

Someone mentioned PwC and KPMG in a post a few days ago but I can't find it now. Has it been pulled?


<Begin Conspiracy theory>
Unless of course they are being given special treatment to keep them quiet. It is clear that the government are only interested in bashing us contractors, so maybe a deal has been cooked up behind closed doors to keep KPMG and PwC out of the fray.
</End Conspiracy theory>

I know this is a bit far fetched but don't other people think it's a bit odd that we haven't heard more about these Property Developers?

As far as I know although the retrospection went back to 87 HMRC are only looking back to 02 because they are only interested in us. I think MP are pretty much on their own as far as the JR goes.

[BrilloPad]

I'm a bit confused, I thought the SCO would issue the notices not the individuals tax office. But then I know f* all

Its the individual tax offices who have to issue the closure notices. But it is controlled by 1 office. The individual ones have not been doing what they are told.......

PS I know f**k all too - I am just saying what my mole told me......