BN66 - Time to fight back (Chapter 3)

[nuffsaid]

Hi Guys

I am sending quite a few posts but spelling not up to scratch. Can one of you bright IT guys explain in simple terms how to get a spell checker on to my toolbar. I tried the abc bar and tried to download ispell but cannot get it up and running

Google toolbar does it

[BrilloPad]

beautifully put, welcome to the thread. no doubt there will be a morale sapping missive from the liars at HMRC winging its way. No-one should crack, no-one should pay up. I feel perhaps MP maybe didnt put as much effort into the application as they might have, as no justice is their right mind would deny if all the facts were known. A lesson will have been learnt Im sure.

I think some of the points will be better put verbally than written. Montp have alot riding on this. Millions and millions plus their reputation.

[poppy01]

I think some of the points will be better put verbally than written. Montp have alot riding on this. Millions and millions plus their reputation.

Plus and I hasten to say this at this stage, some unhappy clients...............

[BrilloPad]

Plus and I hasten to say this at this stage, some unhappy clients...............

Oh I think all their clients will be unhappy : those in the scheme and not. It will prove their tax planning is totally rubbish : probably the end of montpelier.

[DonkeyRhubarb]

I think some of the points will be better put verbally than written. Montp have alot riding on this. Millions and millions plus their reputation.

I have just heard that a QC representing another promoter was incredulous when he learned that our JR had been refused.

I am beginning to suspect the Judge must have been got at.

[Maddog]

I have just heard that a QC representing another promoter was incredulous when he learned that our JR had been refused.

I am beginning to suspect the Judge must have been got at.

Maybe he got his own "special" Brown Envelope, that also went with a rather load thud when it hit the floor !!

[DonkeyRhubarb]

Panorama tonight

Anyone else watching?

They haven't mentioned us yet.

[Boycie]

Anyone else watching?

They haven't mentioned us yet.

I was watching it - they mentioned lichtenstein and jersey but never heard the IOM. Coincidence of timing?

[phileds]

Former lurker

Hi guys

A BN66 newbie here. I've been lurking here on and off, and decided to join this excellent and informative forum. More power to us.

Apologies for a no-doubt easy question, but I've looked without finding an answer.

I'm aware that one can make payments by purchasing CTDs from HMRC to stop further accrual of interest on a potential tax liability, whilst being able to get the money back if need be.

HMRC web site states "You can use your Certificate of Tax Deposit to pay any tax liability you may have, provided it is listed in the Schedule that is current on the day you purchase the Certificate".

What does this mean? Do I need to specify the "Schedule" (whatever that is) when purchasing the CTD? Or do I just send them the cash, and await the CTD in the post?


On a different note...

I also saw tonight's Panorama, and I'm forever bemused why, if Western governments around the world purport to hate offshore tax arrangements so much, why they don't simply deem certain centers as out of limits - just make it illegal to have money stored in Jersey or Liechtenstein or wherever, only designated trusted places allowed. Hah, as if...I believe it was only in 1999 that the ministerial code was amended to require ministers of this great country to declare and liquidate offshore holdings. Prior to that, it's anyone's guess how many millions in tax certain wealthy UK ministers legally avoided.

There was also an interesting shot of Obama slagging off a "front" institution in the Caymans allegedly housing 18000 companies, the implication being that he'd be targetting such offshore entities once in power.

Anyone willing to place bets? I'm pretty confident the Caymans will still be providing offshore tax mitigation strategies in the years to come to the great and good.

Great forum, keep up the good work, and I hope I'll be able to contribute in the future.

Phil

[bollox]

For info, I have submitted the following request to HMRC under freedom of information:

If they reply saying they don't keep this information then I will point them right in the direction of the man that does.

If HMRC have let off some lucky individuals/partnerships from their tax due under the DTA, for whatever dubious reasons, then is'nt that a show stopper in terms of their claims of retrospection ?

If they knew and always knew it was illegal, and had told everyone it was as of 1987, then how and why could they have allowed these people to gain what is in their eyes an illegal tax advantage ???