Originally posted by Disgusted of Coventry
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
BN66 - Court of Appeal and beyond
Collapse
This topic is closed.
X
X
Collapse
Topic is closed
-
-
Europe
I fervently hope that this does indeed go to Europe and trust that MP's counsel thinks the same.
My wife is a solicitor and she thinks it inconceivable that the ECHR would let this go.
A substantial part of the case of the baddies is built on fairness.
No-one, however, absolutely no-one, could possibly judge that the way we have been treated is fair - even those who think we should have paid a bit more tax.
There are also the many, many points which have been raised by various posters about retrospectivity, clarity and so on.
Whilst the UK may not be obliged to follow an ECHR ruling on tax or any other matter, they almost invariably do.
Losing at that stage would also let HMRC save face. They could show that they chased and beat the 'tax dodgers' in the highest courts in the land and only lost because of those 'interfering judges in Europe'.
Sure, my wife agreed to marry me but apart from that I have huge respect for her judgment and prowess in all things legal.
The European Court of Human Rights will uphold our Human Rights.
For the record I am a Scot and follow (follow) Rangers from afar - hope they get to Europe too - but have no faith in any supernatural forces whatsoever.Comment
-
Originally posted by PlaneSailing View PostWay back when, I looked at the Castlemaine scheme, but I chose MTM as, like you, I thought it was safer as it was fully declared.
Genius
I also now face a (still) yet to be determined bill which I will have no way of paying as I have little equity in my house and have little in the way of savings.
My wife is the only person I have told and she constantly asks me the same question "how can they possibly do this - and get away with it ?".
So, thanks to the HMRC time machine I now appear to be a criminal and facing the real prospect of bankruptcy.
Words fail me.Comment
-
Originally posted by Basher View PostLike most people on this forum I only chose this scheme because it was fully disclosed and legal !! yes, LEGAL !! - and I had no intention of breaking the law.
I also now face a (still) yet to be determined bill which I will have no way of paying as I have little equity in my house and have little in the way of savings.
My wife is the only person I have told and she constantly asks me the same question "how can they possibly do this - and get away with it ?".
So, thanks to the HMRC time machine I now appear to be a criminal and facing the real prospect of bankruptcy.
Words fail me.
It is shameful.There's an elephant wondering around here...Comment
-
Originally posted by Toocan View PostThat is ‘the thing’; we live in the cradle of democracy and yet we have been denied a fair trial by the mother of all Parliaments.
It is shameful.
I for one don't think our case has yet been heard in a courtComment
-
Another example
Another example of where retrospective tax has not been applied...Am I right in thinking that a Tax Tribunal may provide us with some balance against HMRC?
Tax tribunal allows £17m avoidance scheme | Business | The GuardianComment
-
Originally posted by futurecat View PostAnother example of where retrospective tax has not been applied...Am I right in thinking that a Tax Tribunal may provide us with some balance against HMRC?
Tax tribunal allows £17m avoidance scheme | Business | The Guardian
The tribunal will apply the law so unless MP have a *really* cunning plan we are screwed. I suspect the most we can hope for is some mitigation on the NI front.Comment
-
Could HMRC be persuaded to wait until ECHR rules ?
Originally posted by jeanvaljean View PostI fervently hope that this does indeed go to Europe and trust that MP's counsel thinks the same.
My wife is a solicitor and she thinks it inconceivable that the ECHR would let this go.
A substantial part of the case of the baddies is built on fairness.
No-one, however, absolutely no-one, could possibly judge that the way we have been treated is fair - even those who think we should have paid a bit more tax.
There are also the many, many points which have been raised by various posters about retrospectivity, clarity and so on.
Whilst the UK may not be obliged to follow an ECHR ruling on tax or any other matter, they almost invariably do.
Losing at that stage would also let HMRC save face. They could show that they chased and beat the 'tax dodgers' in the highest courts in the land and only lost because of those 'interfering judges in Europe'.
Sure, my wife agreed to marry me but apart from that I have huge respect for her judgment and prowess in all things legal.
The European Court of Human Rights will uphold our Human Rights.
For the record I am a Scot and follow (follow) Rangers from afar - hope they get to Europe too - but have no faith in any supernatural forces whatsoever.
I realise many may speculate that they will not. The sceptical side of me tends to agree. On the other hand, you can only imagine the enormity of the claims for damages against HMRC in the event of ECHR slapping HMRC round the chops. If we're all still alive then, perhaps we could think up some collective lawsuit against them
Anyway, I agree we're best to wait for Mr.G and MP to provide us with their view on our next steps. MP have been pretty spot on wrt just about all of this so far, so I do not doubt them at all.Lord Clyde in 1929: ‘No man is under the smallest obligation, moral or other, so to arrange his legal relations to his business or to his property as to enable the Revenue to put the largest possible shovel into his stores. The Revenue is not slow to take every advantage which is open to it under the taxing statutes for the purpose of depleting the taxpayer’s pocket. And the taxpayer is entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Revenue.’Comment
-
Liability Calc
Hi Guys,
Apologies if this is already knocking about on the thread somewhere, but does any one have a rough idea (percentage wise) of how to work out what i could owe, based on the figures submitted in the tax returns ? I am going to presume that NI will be applied also, so would just like to get a rough idea on what my bill is likely to be so i can then go out and get drunk tonight and pretend i didn't know.
CheersComment
-
Interest Mitigation
Does the ax Tribunal have any powers to mitigate on Interest?
is it possible they could say you lazy set of scheming bstards sat on your fat idle asses for 8 years before getting your time machine working and hence these poor laymen you have shafted whilst cosying upto Vodafone et all should not have to pay the interest during this period?
Is that a possibility? Im probably fortunate in that I can probably just about cover the tax portion but theres not a cat in hell chances of me covering 11+years interest, so unless they play ball on the interest the will just get a big fat GTF from me.Comment
Topic is closed
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Five tax return mistakes contractors will make any day now… Yesterday 09:27
- Experts you can trust to deliver UK and global solutions tailored to your needs! Jan 8 15:10
- Business & Personal Protection for Contractors Jan 8 13:58
- ‘Four interest rate cuts in 2025’ not echoed by contractor advisers Jan 8 08:24
- ‘Why Should We Hire You?’ How to answer as an IT contractor Jan 7 09:30
- Even IT contractors connect with 'New Year, New Job.' But… Jan 6 09:28
- Which IT contractor skills will be top five in 2025? Jan 2 09:08
- Secondary NI threshold sinking to £5,000: a limited company director’s explainer Dec 24 09:51
- Reeves sets Spring Statement 2025 for March 26th Dec 23 09:18
- Spot the hidden contractor Dec 20 10:43
Comment