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

[andyc2000]

for some people maybe it is......

I would've thought

1. brown envelope
2. transfer company directorship to a.n. other.
3. Go bankrupt
4. Kid's living in house - they can't touch that.
5. Wipe off other debts (sorry Ammex - tough s**t)
And then....
7. Legal challenge.

[BrilloPad]

I would've thought

1. brown envelope
2. transfer company directorship to a.n. other.
3. Go bankrupt
4. Kid's living in house - they can't touch that.
5. Wipe off other debts (sorry Ammex - tough s**t)
And then....
7. Legal challenge.

good point - I have an old credit card with a £20k limit. I will apply for a few more too. £20k can get a nice holiday.....

[warlord]

Crazy times

good point - I have an old credit card with a £20k limit. I will apply for a few more too. £20k can get a nice holiday.....

Crazy madness all this.
Should I carry on working…..really what is the point.
HMRC/Government just don't get it - I have no funds to pay a 80k bill.

[OnYourBikeGB]

FTFY
So now will you stop sucking up to the MPs and fight? Being nice has been tried.

I held back on this previously when Jane Kennedy tweeted her tax avoidance is always morally wrong, because I felt she had some sympathy for us. But I have wondered what would happen if started to demand not that retrospective taxation is being applied to us, and not other situations. For example:

Cameron family fortune made in tax havens | Politics | The Guardian

Always, Jane?

Why us and not them? Let's turn it up to 11.

[helen7]

So, I think what needs clarifying:

(Also, may be useful to put on 1st page)

1. Should we expect the demands any time now?
a. Will the demands be for the entire amount (i.e. all years from 2001) or is it selective.
b. Will interest payments need to be made now? If not, when?
2. How long will we be given to pay?
3. Will any penalties be charged….
a. If we choose to dispute the demand?
b. If we cannot pay the entire amount in the demand timeframe?

[d000hg]

So it's acceptable to lie in parliament?

If you are reporting figures you have been given then it's more like the whole Iraq WMDs issue, no?

[bananarepublic]

So, I think what needs clarifying:

(Also, may be useful to put on 1st page)

1. Should we expect the demands any time now?
a. Will the demands be for the entire amount (i.e. all years from 2001) or is it selective.
b. Will interest payments need to be made now? If not, when?
2. How long will we be given to pay?
3. Will any penalties be charged….
a. If we choose to dispute the demand?
b. If we cannot pay the entire amount in the demand timeframe?

Its not clear to me whether scheme users who started before 2004 and therefore did not have a DOTAS number are liable for the new regime. I don't know if years after 2004 would be liable under the new regime for these people (I used the scheme 2001-05 and never had a DOTAS number on my tax returns).

If you get a demand I think you have 90 days to pay, extended by 30 days if you appeal. There are penalties for non payment but I don't know if these are waived if a "time to pay" arrangement is made.

The minister seemed to imply that they would only play hardball if the assessed person attempted to put assets out of reach of HMRC. However, I would take that with a pinch of salt. I don't know what they would do if you did not have the means to pay. Can guess though....

As I understand it the principle amount of tax will be due. Interest is only added at the end of the process (i.e years down the line when the appeals are upheld/dismissed).

I have been seeking clarification from HMRC about how CTD's would be taken into account when settling an APN. Nobody seems to know ....

[freedomFighter2014]

They have not a clue

So, MPs still don't know what they're voting for. There are so many outstanding questions that can't be answered. 'Democracy' - a big fallacy in the UK.

[jeanvaljean]

Twitter troll

I see some tweets have attracted a troll.

Best advice?

Try to explain just the once or ignore?

[TheDandy]

So, MPs still don't know what they're voting for. There are so many outstanding questions that can't be answered. 'Democracy' - a big fallacy in the UK.

Perhaps they do know what they are voting for. It's better to pretend to have been duped, or were incompetent down the road, than admit to presiding over tyranny.