BN66 - Round 2 (Court of Appeal)

[smalldog]

He's barking. Not only will he never be able to come back to the UK, he won't be able to go to any countries with extradition treaties with the UK, which is a very large part of the world indeed. It's not just having to hand over a large cheque; the authorities take a very dim view indeed of this kind of thing and I suspect he'd be looking at jail time if he wasn't very careful.

As far as life changing events go I think being made bankrupt is less of an upheaval than emigrating!

[Ninja]

As far as life changing events go I think being made bankrupt is less of an upheaval than emigrating!

Chin up! It won't come to that. The fat lady isn't even clearing her throat yet.

[smalldog]

Chin up! It won't come to that. The fat lady isn't even clearing her throat yet.

Thats no way to speak of Dame Leslie!!!! :-)

[Slobbo]

What do you all think of the Lib Dems nonsense today? Does that mean they are wrapping up ISA's, Premium Bonds and saving certificates as they are technically Tax avoidance? Are they going to make them retrospective and ask the millions that have them pay back the perceived tax debt? What worries me is that they will use our mess as a green flag to apply more retrospective laws.

[OnYourBikeGB]

What do you all think of the Lib Dems nonsense today? Does that mean they are wrapping up ISA's, Premium Bonds and saving certificates as they are technically Tax avoidance? Are they going to make them retrospective and ask the millions that have them pay back the perceived tax debt? What worries me is that they will use our mess as a green flag to apply more retrospective laws.

I think that everyone who did not speak out, may now find they're coming for them. And i'd agree about the retrospective laws. If they get a green light on this, it'll be easier to do it again, after all, as they'll argue, everyone is now aware that this can be done, without having to debate the merits of Padmore.

[ContractIn]

What do you all think of the Lib Dems nonsense today? Does that mean they are wrapping up ISA's, Premium Bonds and saving certificates as they are technically Tax avoidance? Are they going to make them retrospective and ask the millions that have them pay back the perceived tax debt? What worries me is that they will use our mess as a green flag to apply more retrospective laws.

Watching the Nick Clegg interview on the Andrew Marr show yesterday, Clegg acknowledged that many of the avoidance schemes are legal. I do not see how he intends to claw back the money without using retrospective legislation.

[smalldog]

I do also feel this will initially at least be targetted more towards classic evasion rather than avoidance.

[Fireship]

Anyone see the BBC news this morning??

I didn't see it myself but apparently the Lib Dem Chief Treasury Secretary Danny Alexander was being interviewed and banging on about immoral tax avoiders etc at which point he was asked about the reports that he had renominated his primary residense earlier in the year to avoid paying CGT when he sold it. Apparently his face was a picture, looked really embarrassed then simply denied it!!!

I wish I'd see that!!

[smalldog]

Anyone see the BBC news this morning??

I didn't see it myself but apparently the Lib Dem Chief Treasury Secretary Danny Alexander was being interviewed and banging on about immoral tax avoiders etc at which point he was asked about the reports that he had renominated his primary residense earlier in the year to avoid paying CGT when he sold it. Apparently his face was a picture, looked really embarrassed then simply denied it!!!

I wish I'd see that!!

yep the same thing was in the papers this morning, he used a loophole to avoid the CGT...hypocrite...

[Morlock]

I think that everyone who did not speak out, may now find they're coming for them.

It certainly seems to have wound up a few Daily Mail readers. Check out the comments at Clegg tax war on better-off: Tens of thousands face 'bully boy' investigations in new crackdown | Mail Online