BN66 - Court of Appeal and beyond

[Disgusted of Coventry]

I am about to send my letter off to Westminster. However, living in Scotland means that Tory (or even Liberal) MPs are as scarce as hens' teeth. Has anyone any suggestions as to whom I would be best sending my letter? I can't see myself even getting the time of day from my local socialist MP!

I think you should see\write\email\carrier-pigeon your local MP anyway. He\she is there to represent you, and injustice is injustice whatever the affiliation.

Tbh, I'm getting the impression that most MPs don't even know what's going on here. The problem is the complexity, and people can't be doing with complexity. It's damn near impossible to break this thing down into its individual, digestible chunks of 'wrongness'.

[SantaClaus]

BBC News - UK presses for European human rights convention changes

won't the govt use these plans if they got them through to scupper us there as well anyway....

per the article.... The draft that I have seen says the European court should not be able to examine cases that are "identical in substance to a claim that has been considered by a national court".

Isn't that the exact function of the ECHR? To examine cases that has been considered by a national court and correct injustices dealt by said national court.

And how to you get to the European Court if cases have to go through the UK courts first?

[travellingknob]

I purchased a CTD a few years ago, and then found myself in a position where I needed to cash it in. The downside of doing this is that once cashed in, the period that you held the CTD counts for nothing. If I purchase any more CTDs I will make sure I have multiple small denomination certificates rather than a single large certificate. That way, if I need to dip into the deposit, I can do so without losing the entire benefit.

Sound advice, Thanks. I will be going the CTD route as well. In the meantime has anyone contacted HMRC trying to negotiate their own individual settlement ?

[Retro]

I purchased a CTD a few years ago, and then found myself in a position where I needed to cash it in. The downside of doing this is that once cashed in, the period that you held the CTD counts for nothing. If I purchase any more CTDs I will make sure I have multiple small denomination certificates rather than a single large certificate. That way, if I need to dip into the deposit, I can do so without losing the entire benefit.

You can make a partial encashment of a CTD (I did), and you'll be sent a certificate for the balance remaining with the original date intact. So, no need for multiple certificates.

[Slobbo]

Personally I believe we should all buy a dog. Then travel to a tax haven and open a bank account in our dogs name. Then withdraw all of our savings and deposit in the the new account. When the revenue comes looking for the money they believe we owe as a result of BN66 declare yourself bankrupt. If they ever find out about the account we can just point to the Harry Redknapp case.

It kind of makes you think "why should I obey the law when the revenue can just change it backward".

We have been putting off a big holiday to Florida with the kids because of this BN66 rubbish. I have been thinking that we should probably do it now before they come looking for the cash because the kids will be too old to appreciate Disney etc by the time we can afford it again. We can't afford to pay back all of the debt at once but can pay most of it and will hopefully be able to come to some arrangement for the rest. Am a bit concerned that the spend on a family holiday would be frowned upon. Anyone know if I am likely to run into problems?

[zippo]

Double Standards

I'm sure it was discussed in the past that HMRC used some sort of scheme \ setup to sell some of their property...... might be worth mentioning to MP's !

[stuffed]

Interesting read

I feel the retrospective tax is big news right now, and lots of people are debating the risks of implementing it.
Maybe worth petitioning / chatting with these people.

It seems like now Gauke has changed his tune if I read this article correctly, and retro tax is on the table and the govt is happy to use it in certain circumstances.

Jill Kirby: Retrospective legislation may produce applause today but it will damage Britain in the years to come Conservative Home Columnists

[stuffed]

Been there - done that

Tom Cartwright, also a Director in the tax practice at McGrigors, added: “The imposition of the changes to the legislation have been given retrospective effect and seem to be designed specifically to catch Barclays. This is extraordinarily aggressive by the government. Barclays were using a structure which was reasonably well-known in the market to effect a debt buy-back in a tax-free manner. Barclays or anyone else who undertook the scheme after December 1, 2011 may have a claim under the Human Rights Act. However, succeeding in such a claim is invariably difficult as retrospective legislation is not automatically contrary to the Human Rights Act.”

[SantaClaus]

I feel the retrospective tax is big news right now, and lots of people are debating the risks of implementing it.
Maybe worth petitioning / chatting with these people.

It seems like now Gauke has changed his tune if I read this article correctly, and retro tax is on the table and the govt is happy to use it in certain circumstances.

Jill Kirby: Retrospective legislation may produce applause today but it will damage Britain in the years to come Conservative Home Columnists

I agree with you, now is the time to get some publicity over this issue and there appear to be some sympathetic journalists out there.

What bothers me is that nobody seems to realise that this group of retrospectively taxed contractors exist!

[BrilloPad]

We have been putting off a big holiday to Florida with the kids because of this BN66 rubbish. I have been thinking that we should probably do it now before they come looking for the cash because the kids will be too old to appreciate Disney etc by the time we can afford it again. We can't afford to pay back all of the debt at once but can pay most of it and will hopefully be able to come to some arrangement for the rest. Am a bit concerned that the spend on a family holiday would be frowned upon. Anyone know if I am likely to run into problems?

Go on holiday. At the moment you owe nothing.

Only thing HMRC can object to is if someone moves abroad. Were someone stupid enough to let HMRC know (via these boards for example) they could have a jeopardy notice attached to them. So don't go asking for advice here - just go.