BN66 - JR Judgement Day

[KiwiGuy]

as I reckon I'm not the only one who's been doing a bit of financial planning over the last few days, I though I'd ask for some investment ideas.
But feel free to tell me to bugger off if this is drifting from scope too much:

I can borrow 50k on my current mortgage rate (1.09%) and that can be on interest only. I reckon this could be a good deal as I should be able to outstrip that rate.

After I use up all the cash & stock ISA allowances (from existing cash and 10k from the loan), I still have 40k to play with.
My wife doesn't work, so I figure it's best to go in her name and use her allowances.
Has anyone got any ideas of the next best place to invest this ?

with a bit of luck, this little 'episode' will make me concentrate a bit more on my savings and I could end up making more money in the long run. thanks HMRC - I'll raise a glass in your name!

im doing something a little more risky, some good Mining Shares around at the moment

[robinhood]

im doing something a little more risky, some good Mining Shares around at the moment

Ditto - some good bargains around. Prefer to day trade them when I can. Mining took a bit of a knock last week but general trend is up.

[Maddog]

Hey Guys,

Im going to get our little thank you to sent off tomorrow, so any last minute contributions to the "Cheers for all the work DR" club please send me a message and ill give the details.

regards

Kiwi

Done - nice touch

[StellaFan]

Well hopefully the next one hasn't done any work for them in the past

[nuffsaid]

It has been pointed out to me by someone, from outside this forum, that Kenneth Parker formerly did a lot of work for HMRC before he was recently appointed a high court judge.

Read into this what you will.

And please be careful what you say.

I guess that depends on how relationships were when he left them.
Hmmm

[PlaneSailing]

It has been pointed out to me by someone, from outside this forum, that Kenneth Parker formerly did a lot of work for HMRC before he was recently appointed a high court judge.

Read into this what you will.

And please be careful what you say.

Has anyone seen anything in particular? I can
see a few VAT cases, but they are a different kettle of fish....

[RockTheBoat]

It has been pointed out to me by someone, from outside this forum, that Kenneth Parker formerly did a lot of work for HMRC before he was recently appointed a high court judge.

Read into this what you will.

**** sigh **** these days nothing suprises me

[DownButNotOut]

off thread but need advice

My liability is roughly £29,000 + £6,000 interest. If I take out a CTD for £19,000 would I only incur interest on the £10,000?
Would HMRC except £19,000 when he comes collecting and the rest paid monthly at £500 a month for <3 years?

[DonkeyRhubarb]

My liability is roughly £29,000 + £6,000 interest.

If I take out a CTD for £19,000 would I only incur interest on the £10,000?

Correct.

Would HMRC except £19,000 when he comes collecting and the rest paid monthly at £500 a month for <3 years?

Hard to say but I'm sure they will have to consider reasonable payment proposals.

Bear in mind, it could be 3 years or more before the appeals process is concluded.

[not-a-penny]

thanks Santa for the template, just sent my letter to mp:

You may recall I have written to you on several occasions regarding the retrospective effect of Section 58 of the 2008 Finance Bill, which seeks to close a tax avoidance loophole, but unfairly punishes myself and 3000 other people for tax planning that was perfectly legitimate at the time.
The effect will be to claim back tax + interest for the past 8 years which in my case amounts to approximately £200,000.

.......

find your local mp here : http://www.writetothem.com/

best use snail mail rather than email I have found.

Send it today to my MP Bob Neill ....