Originally posted by Morlock
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BN66 - Round 2 (Court of Appeal)
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Originally posted by Morlock View PostSmells fishy to me too.
Answer: as low as it takes.
They've already paid for stolen bank details so they ain't going to think twice about trumping up criminal charges if it's the only way they can gain access to offshore companies.
I think it's about time I changed the Donkey's slogan.
HMRC
ARE CORRUPTComment
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Originally posted by Morlock View PostNice to see BolshieBastard living up to his name.
A clue here:
:: Manx Radio :: The Isle of Man's Premier Radio Station ::
Yet again, there is more newspeak blurring between avoidance and evasion. It reminds me of the loyalist politicians in Northern Ireland referring to "Sinn Fein IRA".
Also working in the industry, my job also depends to a large extent on public perception of the IOM as an offshore centre, and there are a lot of worried people in the industry, even though we've nothing to hide.Comment
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Originally posted by Vallah View PostThat was my point all along, and why I posted what I did. Whilst on the face of it the raid is not connected with the BN66 appeal, the timing is hardly going to help matters I'd have thought. If the Montpelier lawyers now have to spend time sorting this latest situation out, then that's potentially time they can't spend on the appeal. Also painting MP in a bad light by having them raided wouldn't hurt HMRC's case.
Also working in the industry, my job also depends to a large extent on public perception of the IOM as an offshore centre, and there are a lot of worried people in the industry, even though we've nothing to hide.
There seems to be a new phraseology coming out of
HMRC: 'Fraudulent tax avoidance'. They spoke of it a couple
of weeks back with the returns they were choosing to
ignore.
Is this the way to make avoidance illegal, claiming it as fraud?Comment
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Originally posted by donkeyrhubarb View Posthow low with hmrc stoop?
Answer: As low as it takes.
They've already paid for stolen bank details so they ain't going to think twice about trumping up criminal charges if it's the only way they can gain access to offshore companies.
I think it's about time i changed the donkey's slogan.
hmrc
are corruptComment
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Originally posted by PlaneSailing View PostThere seems to be a new phraseology coming out of
HMRC: 'Fraudulent tax avoidance'. They spoke of it a couple
of weeks back with the returns they were choosing to
ignore.
Is this the way to make avoidance illegal, claiming it as fraud?
Could be, and I honestly can't see what they'd be doing that could be classed as fraud. I'm also really annoyed that the IOM authorities appear to have been assisting HMRC in their dirty work. The whole of the IOM economy is based on tax avoidance of one kind or another. None of the banks, insurance companies, CSPs and Big 4 audit firms are here for the weather let's be honest, so if legitimate tax planning disappears, we'll basically end up as deserted as the Isle of Skye or similar.Comment
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Originally posted by PlaneSailing View PostThere seems to be a new phraseology coming out of
HMRC: 'Fraudulent tax avoidance'. They spoke of it a couple
of weeks back with the returns they were choosing to
ignore.
Is this the way to make avoidance illegal, claiming it as fraud?
Might as well criminalise people for putting money away for a rainy day instead of spending it to contribute to VAT revenues.Comment
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Biting the bullet and trying to cover the debt...
Hi All,
Ive mentioned before, but I am a non resident in UK for last few years, but still have a significant debt due to the BN66 retrospection. As much as I feel its all injustice, I just cant let things carry on like it either doesnt matter, or its going to go our way.
It was really just too painful and disappointing last time, and I am not going to let it get to me any longer.
I've decided to bite the bullet and do all I can to cover my liabilities for this fiasco.
I happen to have been fortunate enough to have benefited from the pounds relative weakness in recent times against my chosen countries currency. So, I transfered pretty much what I left of my life's savings to cover off this debt. Im one of the fortunate ones, and well, i am not at risk of losing my home, but I did think seeing my savings account drained would be extremely depressing, I was surprised to find it was actually a serious relief. I encourage everyone to take whatever steps they can to mitigate any shocks if things dont go our way.
As much as I want them to, they may not, and well, companies and people that survive financially troubled times generally do so by planning for the worst case scenario, not the best.
Just thought I'd share that....
Thanks again for everyone on this form. DR cant say thanks enough.
CFComment
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Originally posted by Morlock View PostAs I said, "newspeak".
Might as well criminalise people for putting money away for a rainy day instead of spending it to contribute to VAT revenues.
Personally I think its a bit of hair pulling on HMRC's part. They must F***ing Hate MP, and will do all they can to bully and intimidate them into quitting and shutting down their operations.Comment
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