• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

BN66 - Time to fight back (Chapter 3)

Collapse
This topic is closed.
X
X
Collapse
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    [QUOTE=Toocan;687280]I don’t think HMRC know the scale of loan based schemes as some of them do not have to be declared and the only change to the tax return is a low level of income.
    [QUOTE]

    The loans may not need to be included on a tax return but if they are part of a tax avoidance scheme wouldn't the scheme have to be notified to HMRC?

    I'm sure HMRC are aware of the scale of them but of course they will only become officially aware just before they introduce retrospective legislation to attack them.

    When you have got retrospective legislation up your sleave, you don't need to hurry to do anything which obviously fits in quite nicely with the culture at HMRC!!!
    Last edited by DonkeyRhubarb; 16 November 2008, 20:33.

    Comment


      Originally posted by BrilloPad View Post
      Other loan schemes have been around years - amazing HMRC have not done something. Presumably it will be a "retrospective clarification"?
      "retrospective clarification", I like that!

      May have to write to the Oxford English Dictionary to get it included.
      'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
      Nick Pickles, director of Big Brother Watch.

      Comment


        Originally posted by SantaClaus View Post
        "retrospective clarification", I like that!

        May have to write to the Oxford English Dictionary to get it included.
        Hello Everybody,

        just because i am new to all this, could anyone explain to me again that the companies that pays you a the basic hourly rate and then the rest of the money are coming from a fund, are illegal? I am getting confused here!!!
        Regards,

        Comment


          Originally posted by DonkeyRhubarb View Post
          When you have got retrospective legislation up your sleave, you don't need to hurry to do anything which obviously fits in quite nicely with the culture at HMRC!!!
          This is why I still think we should go to the press with it, it really is a historic change in the powers of hmrc. The fact that we might be painted as rich fat cats (LOL) is beside the point, and a joke given many will lose their houses. This governments abuse of parliamentary supremacy must be exposed to a wider audience. They simply cannot be allowed to get away with it.

          Moreover, I am getting more bloody minded by the day, I will not to my dying breathe accept I owe them a penny. Had they behaved in a morally correct way, ie taking a case to court, and proving with argument that MP didnt work, I would have accepted the judgement and done my best to come to an accomodation, while being mightily p'ed off at Montpelier. They have tried their best to deny us our day in court and for that reason they deserve our contempt and full and complete non-compliance by whatever legal means.

          If I was the guy who's gone abroad, I would not hesitate to rent a new place and disappear, the UK tax authorities deserve no better.

          Comment


            Originally posted by poppy01 View Post
            This is why I still think we should go to the press with it, it really is a historic change in the powers of hmrc. The fact that we might be painted as rich fat cats (LOL) is beside the point, and a joke given many will lose their houses. This governments abuse of parliamentary supremacy must be exposed to a wider audience. They simply cannot be allowed to get away with it.

            Moreover, I am getting more bloody minded by the day, I will not to my dying breathe accept I owe them a penny. Had they behaved in a morally correct way, ie taking a case to court, and proving with argument that MP didnt work, I would have accepted the judgement and done my best to come to an accomodation, while being mightily p'ed off at Montpelier. They have tried their best to deny us our day in court and for that reason they deserve our contempt and full and complete non-compliance by whatever legal means.

            If I was the guy who's gone abroad, I would not hesitate to rent a new place and disappear, the UK tax authorities deserve no better.

            Hi Poppy

            I mentioned our tax situation to a couple of fellow work collegues and they took the view most people will take.. 'that will teach you for trying to avoid tax'... BN66 is wrong and we will win but taking it to the press may win a few people but the majority will look at us as overpaid IT contractors.. the fact that people are losing homes wont help .. they will say we shouldnt have spent all the extra money...

            Dont think its quite the right time to play the press card....

            Comment


              Originally posted by simos View Post
              Hello Everybody,

              just because i am new to all this, could anyone explain to me again that the companies that pays you a the basic hourly rate and then the rest of the money are coming from a fund, are illegal? I am getting confused here!!!
              Regards,
              welcome to the thread

              are you with montpelier? sorry but I dont understand your question - could you rephrase please?

              thanks
              BP

              Comment


                Agree totally with Kiwi. Red top regulars love a witch hunt, they would turn on us in no time.

                Can anyone think of a comparison David V Goliath income-related case in the last 20 years whereby going to the press has actually helped our (David's) corner?

                Comment


                  Originally posted by kiwinlondon View Post
                  Hi Poppy

                  I mentioned our tax situation to a couple of fellow work collegues and they took the view most people will take.. 'that will teach you for trying to avoid tax'... BN66 is wrong and we will win but taking it to the press may win a few people but the majority will look at us as overpaid IT contractors.. the fact that people are losing homes wont help .. they will say we shouldnt have spent all the extra money...

                  Dont think its quite the right time to play the press card....
                  I am with kiwi on this - its certainly a close decision - 60/40 either way - and I fall on the side of waiting. once the story is in the public domain its harder to control - sort of like taking the tiger by the tail!

                  WE have seen so far that HMRC have fought hard and fought dirty - even to the point of illegally sending in their bully boys. If they try this on me I intend to assert my rights and call the police - then I am going to sue.

                  I intend to fight my own case with a mckenzie friend - every time I have done that I have won. And I will get as many of you in court as possible - this sort of case would be heard in public (the vast majority of cases are).

                  Under magna carta I have the right to call witnesses - and I intend to call the person in charge at HMRC. And someone from the government.

                  Comment


                    Originally posted by BrilloPad View Post
                    I am with kiwi on this - its certainly a close decision - 60/40 either way - and I fall on the side of waiting. once the story is in the public domain its harder to control - sort of like taking the tiger by the tail!

                    WE have seen so far that HMRC have fought hard and fought dirty - even to the point of illegally sending in their bully boys. If they try this on me I intend to assert my rights and call the police - then I am going to sue.

                    I intend to fight my own case with a mckenzie friend - every time I have done that I have won. And I will get as many of you in court as possible - this sort of case would be heard in public (the vast majority of cases are).

                    Under magna carta I have the right to call witnesses - and I intend to call the person in charge at HMRC. And someone from the government.
                    ok, guess your right, but its time we started fighting dirty too. i want the b**tds publicly humiliated, this for me is the primary purpose of the JR, and I hope with all my heart MP really go for the jugular.

                    Comment


                      Originally posted by BrilloPad View Post
                      I am with kiwi on this - its certainly a close decision - 60/40 either way - and I fall on the side of waiting. once the story is in the public domain its harder to control - sort of like taking the tiger by the tail!

                      WE have seen so far that HMRC have fought hard and fought dirty - even to the point of illegally sending in their bully boys. If they try this on me I intend to assert my rights and call the police - then I am going to sue.

                      I intend to fight my own case with a mckenzie friend - every time I have done that I have won. And I will get as many of you in court as possible - this sort of case would be heard in public (the vast majority of cases are).

                      Under magna carta I have the right to call witnesses - and I intend to call the person in charge at HMRC. And someone from the government.
                      I like your thinking Brillo!

                      Maybe we could have a thread on here that details the steps to take, what to do and what to say if you get an illegal visit from HMRC.

                      That would be really useful to all the members and HMRC would soon stop using bullyboy tactics.
                      'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
                      Nick Pickles, director of Big Brother Watch.

                      Comment

                      Working...
                      X