• 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

    De-lurking

    Hello All

    As a longtime lurker (partly because I couldn't recover my login password, take note Admins), I thought I should do the honourable thing.

    A couple of things spurred me on recently. On Friday I was listening to Radio 5 Live, and the subject of tax avoidance came up with, of all people Bono, and he said a couple of interesting things. They've moved their business overseas to avoid heavier taxes in Ireland, and now they're having to deal with slings and arrows calling them non-patriots. But here's his view
    • We are a business
    • No point being great at music and rubbish at finance
    • They have a right as a business to maximise their profits
    • The Irish Government is happy to construct their tax regime to attract overseas money - i.e. it cuts both ways


    So I started to think a bit more about that. I am a business. I work hard. I pay thousands for training and equipment. I have worked many nights to 3 or 4 in the morning while the Hectors of this world are tucked up ready to resume their 9 - 5s (or call in for a sickie). I stand on my own two feet, if I don't meet the standard, I'm on the street. I have nothing to hide and I hold my head high. I have paid a professional company to ensure that I can maximise my profits, legally and legitimately and openly. I AM NOT A TAX AVOIDER - THAT'S YOUR LABEL NOT MINE, I AM A LEGITIMATE BUSINESSMAN. Funny how all those billionaires in Belgravia who pay less tax than me are businessmen and I'm some kind of rodent. I have a right to maximise my profits. I think for too long I've kept my head down, a little ashamed of tax planning, but I'm not anymore.

    The next thing is Sir Fred. I have to agree, failure should not be rewarded. The money I have, Ive earned, not given to me in the future. That said, where does this Government get off talking about 'the court of popular opinion'? What level of arrogance is that? Popular opinion is a plaything of the Government. It's swayed by spin and lies, it is whatever you want it to be. Its a way of covering up that you screwed up, and now you want to show us all how angry you are with this bad man for taking all that money (that your deregulation gave him, and you approved). He is in short, a mere distraction. You cleared the pension, now who's responsible? Stand up please. Unfortunately, the 'court of popular opinion' seems to have more influence these days than the court of law. And that really is the the road to tyranny. What next? Siezing the farmlands? Its for the very reason that people like the Government talk about the "court of popular opinion" that it is essential that we have a Court of Law.

    The subject of taking the campaign to the media was discussed. I have to admit, it is a tricky one. But, I would love to force the Government down the road of trying to bring a retrospective law to claw back that pension and force the issue out into the public domain. There's plenty of big and badder enemies and for that matter, friends, of the state who would not want such a thing contemplated. They're sitting quietly on their hands at the moment, no-one has come for them yet. What about a well placed question on Question Time. "Retrospective tax legislation has been used to close down and bankrupt up to 4000 small businesses using a legal tax planning strategy, does the panel support applying the same strategy to Sir Fred and other businesses that the Government finds foul of popular opinion, but wants to avoid failure in the courts" (look at all those windfall tax calls for BP etc).

    What about section 660? The language for that one was interesting. They're not going to pursue it at this stage, or words to that effect. Going to make that retrospective too? Get them later once things have picked up?

    We have a list of MPs (well done DR, inspirational and superb) who say they will support us. We also have a list of weak-kneed MPs who don't want to get their hands dirty, and who by default support retrospective legislation. They should be held to account. I'd love to see this forced into the open, so everyone can see how they can be affected, and see how their MPs, their representatives, those holders of the vote begging bowl every three or four years, didnt have the guts to standup and even say a word of protest.

    I've had enough. This is wrong. The Law is not your plaything. If it is wrong fix it, but what arrogance you have to reinterpret established law, when you don't have the guts to defend it in court. Court of popular opinion? Retrospective tax legislation? Is this what has happened to our country? It's not me that should feel ashamed Hector, its you, you and your political masters. And I hope that someday you will lie awake at night worrying about what's going to happen to your home, your family, your career as I have on many nights over the past four years. Of course, at least you can call in sick. After all, I'll still be working to four in the morning to pay your wages.

    <admin note>Note taken, but if you had used the CONTACT FORM we would have looked into this for you...</admin note>

    Comment


      closure notice?

      received my letters today informing me of amendments to prior years SA's. copies off to MP. strangely no mention of 'closure notices'. they have also applied my January 2009 payment to earliest amount due! cheeky faqqers.

      the amount 'owing' is very close to MP's estimate back in July 2008. interest has been racking up ever since though. have taken a CTD for ~60% of the amount, hope to add more soon. lets hope my current role continues through the rest of the year - otherwise there will be nothing for Gordon to get his hands on.

      keep up the good work Brillo and DR. a pint or three is all yours when this is all over.

      Comment


        Originally posted by OnYourBikeGB View Post
        Hello All

        SNIP
        many thanks for de-lurking.

        can I ask how long were you with montpelier? how much do you owe ballpark? can you pay? have you got a CTD?

        Comment


          Great Littlejohn column in today's Daily Mail; his views on the "court of public opinion".

          http://www.dailymail.co.uk/debate/ar...c-opinion.html

          Comment


            Originally posted by TheBarCapBoyz View Post
            Great Littlejohn column in today's Daily Mail; his views on the "court of public opinion".

            http://www.dailymail.co.uk/debate/ar...c-opinion.html

            When is comes to the HMRC and Gordy. Im a fighter not a lover

            Comment


              this court of public opinion stuff really was the scariest thing I've ever heard a british politician utter. I cant believe she really thought that crap would wash with anyone with an iota of decency or common sense. I can only think it was aimed at the 28% of labour voters, presumably all of whom must be on benefits or 'long term unemployed' (great phrase that - I read it as 'lazy f***ers').

              Comment


                Great job DR and everyone writing letters.
                Anyone who hasn't written to their MP... what are you waiting for?

                Originally posted by DonkeyRhubarb View Post
                So far I have had 98 confirmations of letters sent. The MPs who have received multiple letters are:

                3 Letters

                Conservative
                David Gauke
                John Redwood

                LibDem
                Edward Davey

                2 Letters

                Conservative
                David Cameron
                Philip Hammond
                Greg Hands
                John Hayes
                Jeremy Hunt
                Michael Mates
                Theresa May
                Bob Neill
                Eric Pickles
                Robert Wilson

                Labour
                Jeremy Corbyn
                Frank Dobson
                Jim Dowd
                Steve Pound
                Helen Southworth
                Emily Thornberry

                LibDem
                Robert Smith
                'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
                Nick Pickles, director of Big Brother Watch.

                Comment


                  Response from Tory MP

                  I have highlighted something we need to be aware of. This is the second time I have seen this said.

                  In other words, we shouldn't count on a Tory Government to undo this.

                  ==============================
                  Thank you for your recent correspondence regarding the retrospective nature of Section 58 of the Finance Act 2008.

                  I share your concern over retrospection in law and sympathise with your worry. This issue will only enhance the impression that the UK has an uncertain and unstable tax system, which is bad for the UK economy as a whole as well as deeply confusing to individual taxpayers.

                  As you know, in the Finance Act 2008, the Government introduced legislation aimed at clarifying a provision of the Finance Act 1987 prohibiting the use of the UK-Jersey double taxation treaty to exempt from taxation a UK member’s share of a foreign partnership’s income. It was the opinion of my Party that this legislation ought to apply prospectively and the question of whether earlier Acts prohibited these practices was an issue for the courts. We tabled such an amendment in the House of Commons but were defeated.
                  The key problem seems to be that the Government has been aware of this scheme for some years, yet made no move to close the loophole. This served to create a legitimate expectation amongst taxpayers that the practice would be tolerated by the Government, and so people have been arranging their tax affairs accordingly.

                  I should stress that the Conservative Party do not condone any form of tax avoidance. We share the Government’s concern about the issue it is trying to address, but believe it should have sent a clear and unambiguous signal to taxpayers at a much earlier stage, rather than standing back and creating the impression that it would tolerate the arrangement – and then acting retrospectively.

                  I am afraid that, with the public finances in the state they are, we are unable to make any firm promises to reverse this legislation once in office, but we have put forward a number of proposals to ensure that the making of tax law is improved significantly in future, so that such situations do not arise again.
                  In light of your concern, I will write to Stephen Timms MP, Financial Secretary to the Treasury, asking for him to clarify the enforcement of this section and whether any limitations or discretion will be applied.
                  Once again, thank you for taking the time to write to me.
                  Yours sincerely

                  Charles Hendry

                  Comment


                    reading the above I think I would give up entirely.
                    I'm alright Jack

                    Comment


                      Originally posted by BlasterBates View Post
                      reading the above I think I would give up entirely.
                      Have you ever done a CUK post that is NOT total impending doom?

                      Comment

                      Working...
                      X