No To Retro Tax – Campaign Against Section 58 Finance Act 2008

[Taffia]

Reply From HMRC.

Had the following from my MP:-

Dear Sir,
Your Ref:
Our Ref:
Thank you for your letter dated 15 April 2014 enclosing correspondence from your constituent.
We aim to send a substantive response by 14 May 2014.
Yours faithfully
HMRC MinCom Correspondence Team Manager | 2/72, 100 Parliament Street, London, SW1A 2BQ
Tel: 03000 589 668
For Data Security this email has a protect status unless a higher mark is shown

So, we'll see what turns up by the 14th. Forwarded to Whitehouse.

[Living life on the Edge]

And any idea who else might be on this committee?

Apparently there are 13 members on the Treasury Select Committee:

Treasury Committee - membership - UK Parliament

Some interesting oral evidence given to the Treasury Select Committee (8th April 2014) on the Budget 2014, questions 503 to 531 by the following witnesses:

Witnesses:

Frank Haskew, Head of Tax Faculty, Institute of Chartered Accountants in England and Wales,

Patrick Stevens, Tax Policy Director, Chartered Institute of Taxation, and

Andrew Courts, Member, ACCA Global Tax Forum, gave evidence.


In particular Q520 to Q531 in this link.

http://data.parliament.uk/writtenevi...oral/8468.html

It appears that Andrew Tyrie - chair of the Treasury Select Committee - is seeking further written representation from the above-named witnesses to the question of powers available to HMRC.

[swede]

In particular Q520 to Q531 in this link.

Very interesting reading. And some interesting quotes...

"I am simply saying that our legal system has given us this strange animal called the tax avoidance scheme and therefore we need to invent our own way of dealing with it."

[swede]

Apparently there are 13 members on the Treasury Select Committee:

Treasury Committee - membership - UK Parliament

Some interesting oral evidence given to the Treasury Select Committee (8th April 2014) on the Budget 2014, questions 503 to 531 by the following witnesses:

Witnesses:

Frank Haskew, Head of Tax Faculty, Institute of Chartered Accountants in England and Wales,

Patrick Stevens, Tax Policy Director, Chartered Institute of Taxation, and

Andrew Courts, Member, ACCA Global Tax Forum, gave evidence.


In particular Q520 to Q531 in this link.

[Committee name]

It appears that Andrew Tyrie - chair of the Treasury Select Committee - is seeking further written representation from the above-named witnesses to the question of powers available to HMRC.

My MP, Brooks Newmark is on that committee.

[Fireship]

Apparently there are 13 members on the Treasury Select Committee:

Treasury Committee - membership - UK Parliament

Some interesting oral evidence given to the Treasury Select Committee (8th April 2014) on the Budget 2014, questions 503 to 531 by the following witnesses:

Witnesses:

Frank Haskew, Head of Tax Faculty, Institute of Chartered Accountants in England and Wales,

Patrick Stevens, Tax Policy Director, Chartered Institute of Taxation, and

Andrew Courts, Member, ACCA Global Tax Forum, gave evidence.


In particular Q520 to Q531 in this link.

[Committee name]

It appears that Andrew Tyrie - chair of the Treasury Select Committee - is seeking further written representation from the above-named witnesses to the question of powers available to HMRC.

That certainly makes for an interesting read, pretty much touches on all topics of interest….

[zippo]

That certainly makes for an interesting read, pretty much touches on all topics of interest….

Errmm... I couldnt figure out if the answers were positivie or negative for the likes of us

[Living life on the Edge]

Errmm... I couldnt figure out if the answers were positivie or negative for the likes of us

My take on it was that they were broadly accepting of the principles underpinning the follower notices, but had significant reservations on the application of this to DOTAS registered schemes.

To be fair to Mr Tyrie, he did give them a couple of opportunities to be more forthcoming and direct in their answers and the invitation to them to provide further written submissions on the broadening of HMRC powers could be positive.

I have seen Tyrie in action before and he is a something of a 'jack russell' if he gets his teeth into a subject - one can only hope that these witnesses are sufficiently forthright with their written evidence to warrant a grilling of Osborne or Gauke.

[swede]

My take on it was that they were broadly accepting of the principles underpinning the follower notices, but had significant reservations on the application of this to DOTAS registered schemes.

To be fair to Mr Tyrie, he did give them a couple of opportunities to be more forthcoming and direct in their answers and the invitation to them to provide further written submissions on the broadening of HMRC powers could be positive.

I have seen Tyrie in action before and he is a something of a 'jack russell' if he gets his teeth into a subject - one can only hope that these witnesses are sufficiently forthright with their written evidence to warrant a grilling of Osborne or Gauke.

That's how I read it too.

Is there another thread where the matter of follower notices is discussed at all? I'd be more than happy to write to and/or go and visit my MP (as he's on the treasury select committee).

[smalldog]

That's how I read it too.

Is there another thread where the matter of follower notices is discussed at all? I'd be more than happy to write to and/or go and visit my MP (as he's on the treasury select committee).

I found their answers a bit wishy washy and evasive. Would have been better in my view if they had been slightly more explicit and forthright, but maybe that is part of the game...

[FredBasset]

Another interesting revelation involving HMRC.

I found the last paragraph interesting.

BBC News - F1's Ecclestone avoided potential £1.2bn tax bill