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

[smalldog]

my biggest issue with HMRC as a whole and putting S58 aside, is that there seems to be no regulation or critique of their processes. The "Lovely" Lin and Jim "rent boy" Harra giving reassuring noises to the PAC/TC is not exactly the same as a process audit making sure the right things were done at the right time and for the right reasons.

Who the hell regulates HMRC???

[freedomFighter2014]

unfortunately I have zero faith that HMRC will be any less the nasty spiteful bully boy organisation they have always been. These new powers give them even more reason to say YOU OWE US SO PAY THE F*** UP NOW! attitude. The laughable thing about it being that Lin Homer talks about us being "customers", aren't customers always right?

I cant see them giving any quarter at all. IMHO they will bankrupt someone to set an example up front that they wont F*** around with people not paying. TTP I suspect will be an exception. I reallllllly hope Im wrong, but they have been given the keys to the castle by Gauke, god help us all..................

i can pay DOTAS years for APN's, but was in it prior to DOTAS and if they ask for pre DOTAS payments and apply interest Im screwed!

RETRO LEGISLATIION IS NOT THE WAY TO PAY OFF THE DEFICIT!

No it won't. Stopping the wars, spending less on weapons, not wasting taxpayers money on their frivolous expenses, not hiring incompetent consultants in public services, lowering taxes so people can have more to spend - might help. In Italy there was a Tax amnesty which helped bring money into the country, maybe if they stop wasting money on this nonsense we'd have more to spend on boosting the economy.

Just a thought.

BTW: does the Queen know about IR35, Section 58 etc etc....why in a democracy does this one lady get to vote - sitting on her golden throne with a million pound crown on her head!?

[smalldog]

No it won't. Stopping the wars, spending less on weapons, not wasting taxpayers money on their frivolous expenses, not hiring incompetent consultants in public services, lowering taxes so people can have more to spend - might help. In Italy there was a Tax amnesty which helped bring money into the country, maybe if they stop wasting money on this nonsense we'd have more to spend on boosting the economy.

Just a thought.

BTW: does the Queen know about IR35, Section 58 etc etc....why in a democracy does this one lady get to vote - sitting on her golden throne with a million pound crown on her head!?

unfortunately parts of our country are still stuck in the 16th century, positive being in the 16th century u could get away with cutting someone's head off if they pissed u off!

[freedomFighter2014]

unfortunately parts of our country are still stuck in the 16th century, positive being in the 16th century u could get away with cutting someone's head off if they pissed u off!

Oh and lets not forget we bailed out the creditors who caused this sorry mess under the blinkered view of the Government. I think it was all planned to confiscate wealth from the 'plebs'.

[ringodingo]

NTRT newsletter

Being sent out later today.

Just read latest NTRT newsletter.

Going to bed a lot happier.

Great work

[OnYourBikeGB]

I've read through the 2014 FA as it pertains to APN's and I reckon that HMRC can issue APN's for anyone that used a DOTAS registered scheme for tax years 04/05 onwards. So whether or not you put an SRN on the return or joined the scheme pre 2004 is irrelevant. I'm no lawyer but it seemed pretty unambigous to me. I hope I am wrong.

The definition of a DOTAS scheme in 2014 FA does not have the exclusions that the original 2004 FA had in relation to the requirement to register the scheme. The only thing I don't think they can do is issue an APN for anything pre 04/05 because "notifiable arrangements" did not exist prior to this date. (they can issue a follower notice though).

Montpelier should never have registered the scheme - there was no requirement for them to do so - if I read 2004 FA correctly.

It makes little difference then. Cheers. Hopefully we're right about pre-2004. I doubt they have a clue.

[BrilloPad]

Who the hell regulates HMRC???

Very good question. I had a friend who had video proof his child was being abused by his ex-wife and new partner. Social services refused to intervene. His MP got involved. The social services sent the MP a letter with one line "We do not have to respond to you and we do not intend to". These guys are out of control.

Just read latest NTRT newsletter.

Going to bed a lot happier.

Great work

Its great work by the committee - very well done. But the way I read it they said we are stuffed. There was no mention of the impending news regarding September. Not that it makes any difference - things cannot get any worse.

[jbryce]

I've read through the 2014 FA as it pertains to APN's and I reckon that HMRC can issue APN's for anyone that used a DOTAS registered scheme for tax years 04/05 onwards. So whether or not you put an SRN on the return or joined the scheme pre 2004 is irrelevant. I'm no lawyer but it seemed pretty unambigous to me. I hope I am wrong.

The definition of a DOTAS scheme in 2014 FA does not have the exclusions that the original 2004 FA had in relation to the requirement to register the scheme. The only thing I don't think they can do is issue an APN for anything pre 04/05 because "notifiable arrangements" did not exist prior to this date. (they can issue a follower notice though).

Montpelier should never have registered the scheme - there was no requirement for them to do so - if I read 2004 FA correctly.

My accountant's view is that HMRC will issue APNs for individuals with a discovery assessment and where the tax is in dispute. As such, the one and six year rule applies.
Are you suggesting that HMRC will go back to the start of DOTAS and send APNs for those years as well?

[bananarepublic]

My accountant's view is that HMRC will issue APNs for individuals with a discovery assessment and where the tax is in dispute. As such, the one and six year rule applies.
Are you suggesting that HMRC will go back to the start of DOTAS and send APNs for those years as well?

If that's what your accountant thinks I suggest that he sticks to doing accounts!!

Where an enquiry is open or an assessment under appeal HMRC can go back to the start of the DOTAS regime. That is for normal APNs. For an APN raised as the result of a Follower Notice HMRC can go back before DOTAS.

The 2014 Finance Act is there for anyone to view. Look at section 212 - it's plain enough.

Of course where HMRC have not yet opened an enquiry the normal time limits apply.

[ready_to_leave]

office handling this

does anyone have the details of the compliance unit handling this (address phone number) - it appears the manchester dept no longer exists and HMRC cannot tell me who has taken this over?