Originally posted by DonkeyRhubarb
					
						
						
							
							
							
							
								
								
								
								
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BN66 - the road to Judicial Review
				
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Agree totally, it inadvertantly helps all.... As for PWC counsel, well not the best performances I have ever seen.- SL - - 
	
	
		
		
		
		
		
		
		
	
	
tax due calculations
I just got another years closure notice. I've already had closures for previous years and the amounts are suspended upon appeal so it was no surprise to receive another. However, the bit i cant understand is how the figures go from owing them 600 to owing them circa £20K for that year and then the next statement after they've suspended collection they suddenly say they owe me £2K !!!
Cant make head nor tail of the statement there are so many adjustments - one thing added, another credited, then added, then credited again. Some items appear 6 times now, all the amounts varying slightly each time such that its completely impossible to follow. I cant see this ever going away - imagine how these statements will look if this goes on 10 years !
At least they give me interest on the £2K - I think i get higher rate from IR than i can invest it anywhere else
.  Does anyone know what rate they pay as opposed to charge currently ?
							
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A measly 0.5%.Originally posted by travellingknob View PostAt least they give me interest on the £2K - I think i get higher rate from IR than i can invest it anywhere else
.  Does anyone know what rate they pay as opposed to charge currently ?
http://www.hmrc.gov.uk/rates/interest-repayments.htm
Whereas the rate they charge for late payment is 3%.
http://www.hmrc.gov.uk/rates/interest-late.htmComment
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Have you forwarded to montpelier?Originally posted by travellingknob View PostI just got another years closure notice. I've already had closures for previous years and the amounts are suspended upon appeal so it was no surprise to receive another. However, the bit i cant understand is how the figures go from owing them 600 to owing them circa £20K for that year and then the next statement after they've suspended collection they suddenly say they owe me £2K !!!
Cant make head nor tail of the statement there are so many adjustments - one thing added, another credited, then added, then credited again. Some items appear 6 times now, all the amounts varying slightly each time such that its completely impossible to follow. I cant see this ever going away - imagine how these statements will look if this goes on 10 years !
At least they give me interest on the £2K - I think i get higher rate from IR than i can invest it anywhere else
.  Does anyone know what rate they pay as opposed to charge currently ?Comment
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Originally posted by travellingknob View PostI just got another years closure notice. I've already had closures for previous years and the amounts are suspended upon appeal so it was no surprise to receive another. However, the bit i cant understand is how the figures go from owing them 600 to owing them circa £20K for that year and then the next statement after they've suspended collection they suddenly say they owe me £2K !!!
Cant make head nor tail of the statement there are so many adjustments - one thing added, another credited, then added, then credited again. Some items appear 6 times now, all the amounts varying slightly each time such that its completely impossible to follow. I cant see this ever going away - imagine how these statements will look if this goes on 10 years !
At least they give me interest on the £2K - I think i get higher rate from IR than i can invest it anywhere else
.  Does anyone know what rate they pay as opposed to charge currently ?
The HMRC statements re complicated because the tax is paid in half yearly andd the statemetn always refer to this years payment for last years earnings.
I had to get my accountant to expalin it to me and I still could not follow it but that is the basic principle.
Collection is suspended pending the decision from the JR.Comment
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If we lose the JR, presumably MP will appeal. So will collection be due immediatley, or will it be delayed again until after the appeal ?Originally posted by seadog View PostThe HMRC statements re complicated because the tax is paid in half yearly andd the statemetn always refer to this years payment for last years earnings.
I had to get my accountant to expalin it to me and I still could not follow it but that is the basic principle.
Collection is suspended pending the decision from the JR.Comment
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1. we are not going to lose.Originally posted by rosbiff View PostIf we lose the JR, presumably MP will appeal. So will collection be due immediatley, or will it be delayed again until after the appeal ?
2. the commissioners have to approve before they can collect. And thats not a slum-dunk.Comment
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Speak to MP as soon as. Also be careful with any payments on current amounts of tax due outside the scheme, as they will immediately accept these as payments against the closure notices if not appealed.Originally posted by travellingknob View PostI just got another years closure notice. I've already had closures for previous years and the amounts are suspended upon appeal so it was no surprise to receive another. However, the bit i cant understand is how the figures go from owing them 600 to owing them circa £20K for that year and then the next statement after they've suspended collection they suddenly say they owe me £2K !!!
Cant make head nor tail of the statement there are so many adjustments - one thing added, another credited, then added, then credited again. Some items appear 6 times now, all the amounts varying slightly each time such that its completely impossible to follow. I cant see this ever going away - imagine how these statements will look if this goes on 10 years !
At least they give me interest on the £2K - I think i get higher rate from IR than i can invest it anywhere else
.  Does anyone know what rate they pay as opposed to charge currently ?- SL -Comment
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FOI response
For information.
http://www.whatdotheyknow.com/reques...incoming-64791
It is not entirely clear whether the figures refer to the number of individuals who received CNs or the total number of CNs issued.
The thing which really stands out is the 300 in 2006.
Montpelier are only aware of 4 people receiving CNs in 2006 ie. the 4 test cases who would have received around a dozen CNs in total.
Does anyone have any theories as to what this 300 figure is about?Comment
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Jr
anybody (DR?) got a good web site to find the details of the times/court room etc for next week ?
(googled "old bailey" but got all sorts of garbage)Comment
 
								
								
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