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

[DonkeyRhubarb]

400 settlements

got the same personally signed by dg. Quite a lengthy response. Don't have the letter in front of me, but does it also state that approx 400 have settled?

Will send onto NTRT

The 400 number is not what it seems.

Firstly, it includes the 150 who settled with Suo Motu back in 2003. HMRC revealed in court that this raised about £3.5M (£23k/person)

HMRC also recently revealed in an FOI that the 400 settlements have only netted £8.5M in total. This means the 250 (non-Suo Motu) have payed on average £20k/person.

The other omission of course is that the Suo Motu settlements, and more than likely others, included a fairly generous discount.

[screwthis]

The 400 number is not what it seems.

Firstly, it includes the 150 who settled with Suo Motu back in 2003. HMRC revealed in court that this raised about £3.5M (£23k/person)

HMRC also recently revealed in an FOI that the 400 settlements have only netted £8.5M in total. This means the 250 (non-Suo Motu) have payed on average £20k/person.

The other omission of course is that the Suo Motu settlements, and more than likely others, included a fairly generous discount.

So how did the non-Suo Motu lot settle that low? They made it clear there were no deals available to MP clients.

[nevergiveup]

So how did the non-Suo Motu lot settle that low? They made it clear there were no deals available to MP clients.

Because HMRC make up their own rules!!!

[DonkeyRhubarb]

So how did the non-Suo Motu lot settle that low? They made it clear there were no deals available to MP clients.

They may have been people who were only in the scheme for a short period.

[screwthis]

They may have been people who were only in the scheme for a short period.

I still don't understand.

They wouldn't have contacted everyone with a liability below a certain threshold and not mentioned it to anyone else.
No deal has ever been waived under my nose.

Could it be that it was a case by case basis and they only acquiesced for people who contacted them to settle before the HR court case?

[DonkeyRhubarb]

I still don't understand.

They wouldn't have contacted everyone with a liability below a certain threshold and not mentioned it to anyone else.
No deal has ever been waived under my nose.

Could it be that it was a case by case basis and they only acquiesced for people who contacted them to settle before the HR court case?

I'm not aware that HMRC have been offering deals to anyone since S58 came in.

Based on FOI responses, around 200 have settled in the past 12-18 months.

I know that HMRC issued quite a lot of discovery assessments at the beginning of the year to people they'd previously not identified. It may be that some of these people, perhaps through ignorance, just payed up.

[Guttersnipe]

In response to the toolkit Greg Clark is writing to David Gauke and Lin Homer. Unable to sign EDM as he's a Minister.

[Guttersnipe]

My MP is refusing to write to Lin Homer using the excuse that he is a giverment wip and cannot be seen to influence a public body. This seems strange to me given David Cameron sai he would write.

I am tempted write back stating that but just wanted check here if anyone new of any actual reason why he may be correct.

It looks like a slopy shoulders response. My MP has promised to write to Lin Homer. Since he's a Treasury Minister one would expect him to be constrained as much or more than a whip, who's job is effectively to act as a heavy for the Parliamentary Convservative Party.

[travellingknob]

I'm not aware that HMRC have been offering deals to anyone since S58 came in.

Based on FOI responses, around 200 have settled in the past 12-18 months.

I know that HMRC issued quite a lot of discovery assessments at the beginning of the year to people they'd previously not identified. It may be that some of these people, perhaps through ignorance, just payed up.

more to the point how come 150 su moto tax payers are entitled to a deal but we are not ? Thought their charter demands fairness ?

[smalldog]

nice to know that if we have to pay up the alleged £200m at stake that its going to good causes, backfilling the governments loss in selling Lloyds Bank!:

BBC News - Lloyds Banking Group share sale 'lost taxpayers £230m'