BN66 - Time to fight back (Chapter 3)

[PlaneSailing]

As I understand it, a CTD only pays out interest if/when you cash it in, and the rate is probably close to zero now anyway. It was only paying 1% when the base rate was 5%.

Apologies, you're right.

The cynic in me thinks that the theory about them using the CTD's
value as minimum amount to gun for holds some water.

[smalldog]

Im more than happy for the collectors to come knocking, they can take my two TV's and pushbikes and offset that against a supposed £100k debt, wasters!

[poppy01]

If I had ever had the money to put into a CTD, with the low interest rate HMRC are charging now, and the ruthlessness they have exhibited so far.

I would withdraw the lot NOW

[smalldog]

If I had ever had the money to put into a CTD, with the low interest rate HMRC are charging now, and the ruthlessness they have exhibited so far.

I would withdraw the lot NOW

me too!!! I dont trust that bunch of Mo Fo's one bit...I reckon they will find a wriggly way to get their hands on the cash somehow....I dont say this very often! but withdraw you lot before its too late....

[DonkeyRhubarb]

Betting on the election

(This is not a serious suggestion, just a bit of fun.)

If we could get the Conservatives to commit to reversing the legislation, it would be worth hedging our bets and betting on Labour to win the next election.

Suppose you currently owe £100k. If you put £10k on Labour to win then at 9/1 that would return £100k, leaving you with £90k after you had paid the tax demand.

If the Conservatives win, then you would lose £10k, still leaving you with £90k.

http://www.oddschecker.com/specials/...erall-majority

[PlaneSailing]

(This is not a serious suggestion, just a bit of fun.)

If we could get the Conservatives to commit to reversing the legislation, it would be worth hedging our bets and betting on Labour to win the next election.

Suppose you currently owe £100k. If you put £10k on Labour to win then at 9/1 that would return £100k, leaving you with £90k after you had paid the tax demand.

If the Conservatives win, then you would lose £10k, still leaving you with £90k.

http://www.oddschecker.com/specials/...erall-majority

Absolute genius. I'm off to William Hills.

[DonkeyRhubarb]

Absolute genius. I'm off to William Hills.

If you do, be sure to wear a disguise. You wouldn't want to be recognised sticking £10k on Labour to win. People might think you were a raving lunatic.

Actually, this could be a good PR stunt...

Asked why Mr Rhubarb was betting such an extraordinary sum on Labour to win the next election, he replied "I am just hedging my bets in case the buggers do get back in so I've got it covered if they try and fleece me again".

[Toocan]

All 3 main parties have called for it and now the Cycloptic Scottish Idiot has announced a review of MPs expenses, and salaries, but not before approving an increase in pension contributions to their final salary scheme from 26% to 28%. Shades of Fred? This is called pocket-lining before they get fired.

Let's focus on the "Cycloptic Idiot" rather than the fact that the idiot happens to be Scottish.

[Toocan]

(This is not a serious suggestion, just a bit of fun.)

If we could get the Conservatives to commit to reversing the legislation, it would be worth hedging our bets and betting on Labour to win the next election.

Suppose you currently owe £100k. If you put £10k on Labour to win then at 9/1 that would return £100k, leaving you with £90k after you had paid the tax demand.

If the Conservatives win, then you would lose £10k, still leaving you with £90k.

http://www.oddschecker.com/specials/...erall-majority

I've a better idea - if the amount due is enough to bankrupt, then place everything one owns on the Conservatives win. If they win, you're quids in, if they loose, HMRC get nothing.

[Mop f Style]

Anyone spoken to an insolvency practitioner ?

I'm looking at the option of bankrupcy, just need to wiegh up the options ?

Has anyone used bn66 dot co dot uk

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