Hi all,
The case has finished and Seadog has kindly phoned in an update:
David Elvin put forward his rebuttal this afternoon. He again drove home that HMRC had very weak grounds regarding the validity of the scheme and wouldn't have left it till 2008 to do something.
As a consequence, the fair and proportionate response might have applied after a very short period of time, but certainly not after 7 years.
Our QC also countered Singh's arguments about the will of parliament and that the Revenue's action was disproportionate.
As we all suspected, HMRC have been monitoring this blog and tried to substantiate their case from 4 or 5 posts on here. Elvin also countered this.
The judgement will be several weeks away and we are led to believe whichever side loses will appeal.
As a side note, Alan Jones made a formal application for disclosure of papers from our case to assist him in his appeal against a seperate case between himself and Montpelier. The Judge heard arguments on both sides and requested both parties try to settle the matter before it is brought back to court.
Thats it for now.
Many thanks to everyone who has helped, DonkeyRhubarb and all the other people who turned up at the court, yourselves, and the Montpelier legal team.
Best of luck to us all!
The case has finished and Seadog has kindly phoned in an update:
David Elvin put forward his rebuttal this afternoon. He again drove home that HMRC had very weak grounds regarding the validity of the scheme and wouldn't have left it till 2008 to do something.
As a consequence, the fair and proportionate response might have applied after a very short period of time, but certainly not after 7 years.
Our QC also countered Singh's arguments about the will of parliament and that the Revenue's action was disproportionate.
As we all suspected, HMRC have been monitoring this blog and tried to substantiate their case from 4 or 5 posts on here. Elvin also countered this.
The judgement will be several weeks away and we are led to believe whichever side loses will appeal.
As a side note, Alan Jones made a formal application for disclosure of papers from our case to assist him in his appeal against a seperate case between himself and Montpelier. The Judge heard arguments on both sides and requested both parties try to settle the matter before it is brought back to court.
Thats it for now.
Many thanks to everyone who has helped, DonkeyRhubarb and all the other people who turned up at the court, yourselves, and the Montpelier legal team.
Best of luck to us all!
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