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Went along for another hour - managed to get in the upper gallery (I was in the middle with the stripey shirt) HMRC's guy was presenting. The four suits from the Revenue were busily looking through their tax manuals on the second row. I'll let others post the update but the main arguments seemed to be related to OECD's comments on DTA's and that they were not intended for an individual to avoid paying tax altogether and the other arguement seemed to be something along the lines of "it's up to parliament, not the courts". I'll let someone who was listening with more legal prowess provide a proper update.
so they're making it up as they go along. shame they didnt look at these tax manuals 7 years ago.
Went along for another hour - managed to get in the upper gallery (I was in the middle with the stripey shirt) HMRC's guy was presenting. The four suits from the Revenue were busily looking through their tax manuals on the second row. I'll let others post the update but the main arguments seemed to be related to OECD's comments on DTA's and that they were not intended for an individual to avoid paying tax altogether and the other arguement seemed to be something along the lines of "it's up to parliament, not the courts". I'll let someone who was listening with more legal prowess provide a proper update.
This astounds me. The gloves have finally come off and HMRC stand there naked of any reasoned argument, 'we are the government, YOU DO WHAT WE SAY....', if they seriously think I'm going to pay up, whatever happens, they can f**k themselves. I'll do jail time first.
OK, I've logged in properly now - looking forward to the updates - but also have to keep certain large bank functioning, one that Billy Bragg has a certain interest in funnily enough!!
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