BN66 - Round 2 (Court of Appeal)

[not-a-penny]

Light at the end of the tunnel

FT.com / UK / Politics & policy - Tax officials to soften stance on avoidance
HMRC to soften stance on tax avoidance - New Model Adviser

Call me an optimist but I think this is the turning point. Clearly a new strategy has kicked in at HMRC under this coalition which is different than the bullying approach under Old New Labour. The new "softly softly" approach is a win/win so long as the retorspective bull*hit is dropped and no doubt there will be more tax money coming in instead of a lengthy/costly legal fight. Well done everyone for all the letters to the MPs. We need to keep the pressure up.

Suits me just fine

[Fireship]

I wonder if anyone at HMRC has the balls to investigate Mr Blairs web of companies, I assume all his tax returns have been accepted without question being one of the old boys?

Can’t remember where I read it but if I’m not mistaken the government under Blair introduced legislation that ensured (ex) heads of state didn’t have to provide proof of income (or something along those lines) and could therefore do whatever they liked – net result is that HMRC will never look at the structure those twelve companies provide….

One rule for them and one for us…. And they call us the criminals!!

If I could be bothered I’d do some googling to dig out the details but quite frankly I can’t be bothered wasting my time – I don’t need google to tell me how twofaced these crooks are!!!

[smalldog]

Call me an optimist but I think this is the turning point. Clearly a new strategy has kicked in at HMRC under this coalition which is different than the bullying approach under Old New Labour. The new "softly softly" approach is a win/win so long as the retorspective bull*hit is dropped and no doubt there will be more tax money coming in instead of a lengthy/costly legal fight. Well done everyone for all the letters to the MPs. We need to keep the pressure up.

Suits me just fine

nahhh think they just read my post from the other day asking when they were going to start doing some business case analysis!!!

any way we can encourage them to use our case as the pilot????!!!!

[not-a-penny]

nahhh think they just read my post from the other day asking when they were going to start doing some business case analysis!!!

any way we can encourage them to use our case as the pilot????!!!!

Business Case Analysis?!!! I thought the only strategy they had was "shake the tree and pickup the easy ones that fall". Judging by their dismal record in winning IR35 cases, the only money they made was through contractors rolling over in fear. Disgraceful.

[OnYourBikeGB]

FT.com / UK / Politics & policy - Tax officials to soften stance on avoidance
HMRC to soften stance on tax avoidance - New Model Adviser

Thi can only be good news, I think, but I wouldn't trust those tulips. I laughed out loud at the bit about being too black and white about the law. If ever there was an organisation that bent it to their whim, or even just ignored it when it suited them it was that bunch of gits.

They don't have the money to pursue cases for years. Simple as that, so why not come out and admit it, and shove this friendly, cuddly HMRC bulltulip up their arse.

Lol, filter added the tulip but above, but it sounds like it might be painful, so I'll just leave it in.

[SantaClaus]

Anything that comes out of HMRC is just posturing and rhetoric.

I wouldn't trust them further than I can throw my granny.

[Cornish Cream]

HMRC Letter

Hi

I had a surprise waiting for me on Friday from our friends at HMRC for my Self Assessment or year ended 5th April 2000. It went along the lines of...

It has come to my attention that you have included details of a chargeable gain with your tax return...
The result is that capital gains tax has not been charged...
I have adjusted your tax return to include the chargeable gain...
Please pay £999999999 by 15 September...

Details are I left the schememid way through the tax year 08 / 09 and operated a ltd company - there were no other Capital Gains detailed on my return.

Has anyone else experienced this?

Thanks CC

[Squicker]

If like me you've got no hope of meeting your liability I can't see any point to saving or investing. Why should we scrape by just to hand over the money to the people who put us in this mess?

As the famous saying goes eat drink and be merry for tomorrow we die.

I completely agree with this, **** 'em. Even if I save like mad for the next few years they'll clean me out, so now I work 6 or 7 months a year in order I can spend more time with my family. They can't take that time back or those memories from me, so it's a good investment as far as I am concerned. It's only money and it can be re-earned when the time comes, but I can't ever get back time I miss watching my children grow up.

[Toocan]

Hi

I had a surprise waiting for me on Friday from our friends at HMRC for my Self Assessment or year ended 5th April 2000. It went along the lines of...

It has come to my attention that you have included details of a chargeable gain with your tax return...
The result is that capital gains tax has not been charged...
I have adjusted your tax return to include the chargeable gain...
Please pay £999999999 by 15 September...

Details are I left the schememid way through the tax year 08 / 09 and operated a ltd company - there were no other Capital Gains detailed on my return.

Has anyone else experienced this?

Thanks CC

Either you made a huge profit on something you sold, or HMRC's computer has crashed again.

A bill for £999 million - that is something you don't see everyday. It's best to get on top of this right away (either via your agent, or direct) as notices like this go directly to their debt collectors.

[portseven]

FT.com / UK / Politics & policy - Tax officials to soften stance on avoidance
HMRC to soften stance on tax avoidance - New Model Adviser