Don't know if you guys have seen this - court has supported use of retrospective tax legislation - the scheme in question involved avoidance of stamp duty but thought it may be relevant http://www.out-law.com/en/articles/2...ew-says-court/
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No To Retro Tax – Campaign Against Section 58 Finance Act 2008
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Originally posted by LisaContractorUmbrella View PostDon't know if you guys have seen this - court has supported use of retrospective tax legislation - the scheme in question involved avoidance of stamp duty but thought it may be relevant Retrospective tax legislation blocking an SDLT loophole cannot be challenged by judicial review, says Court
Contrast that with the retro tax applied to us, going back 10 years and with no advance warning.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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Originally posted by SantaClaus View PostAm I right in thinking it was only retrospective for a year and the chancellor had given advance notice of the retrospective change, so it wasn't really retrospective.
Contrast that with the retro tax applied to us, going back 10 years and with no advance warning.
Tax expert John Christian of Pinsent Masons, the law firm behind Out-Law.com, said that the court's conclusions were "not surprising, given in particular the Chancellor's warning in the 2012 Budget to close down residential SDLT avoidance with retrospective effect".Comment
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FYI...
Finance Bill Committee scheduled for 2pm
Player
Might have a sweepstake on the number of lies Gauke can spew in an afternoon.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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Originally posted by smalldog View Postis our clause being debated today? IF not do you know when it is?'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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Originally posted by SantaClaus View PostI think today or tomorrow is the last day of debates. Maybe someone can correct/confirm for me.
Finance Bill 2013-14 to 2014-15 — UK ParliamentSTRENGTH - "A river cuts through rock not because of its power, but its persistence"Comment
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Originally posted by Safe View PostHave you seen this. They are talking about Retro. read the comments as well!!
www.dotas-scandal.orgComment
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Keep the tweeting going folks, it's not going unnoticed by the Finance Bill Committee.'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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