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

[NickNick]

and off the back of Venables QC's paper, he is damn right, last time I vote Tory! I would imagine a large proportion of the electorate would think twice about doing the same. Labour started all this but Gauke and co. seem hell bent on taking this nuclear! The prospect of basically voting Gauke back into his position after all this makes my stomach churn.

I honestly can't see that a large proportion of the electorate would give a monkeys about this. Unless you are referring to the general way in which the Tories have behaved over the last few years, which is a different question.

[DonkeyRhubarb]

Argue later but pay NOW

From yesterday's Mail on Sunday

Argue later but pay NOW says taxman: Shock order means big bills for thousands in avoidance schemes including top celebrities and major companies | This is Money

[Fireship]

HMRC engaged in tax avoidance

Under the proposed rules I wonder if HMRC will investigate their own offshore property deal back in 2001??

Taxmen face inquiry over offshore deal | UK | News | Daily Express

[nevergiveup]

Is a NTRT newsletter due soon? Could do with a bit of positive news!

[deckster]

Is a NTRT newsletter due soon? Could do with a bit of positive news!

Can't see that there's much point in sending anything out until we've picked over the Budget. Sadly I also don't see that there will be anything positive there

[screwthis]

From yesterday's Mail on Sunday

Argue later but pay NOW says taxman: Shock order means big bills for thousands in avoidance schemes including top celebrities and major companies | This is Money

"because it will be backdated, covering not just new disputes but all outstanding cases of the past 15 years."

Does this mean the 2004 DOTAS only clause has now been widened to catch everyone DOTAS or not?

[DonkeyRhubarb]

"because it will be backdated, covering not just new disputes but all outstanding cases of the past 15 years."

Does this mean the 2004 DOTAS only clause has now been widened to catch everyone DOTAS or not?

I think they got that wrong.

[swede]

I think they got that wrong.

Given the number of people this will affect, I can't believe for a minute that there will not be a whole bunch of legal challenges to it - and another Thread.

[smalldog]

Given the number of people this will affect, I can't believe for a minute that there will not be a whole bunch of legal challenges to it - and another Thread.

This all needs debating, the paper is an opening gambit, doesnt mean it will end up like that so agree we dont know what it will finally look like.

[OnYourBikeGB]

Given the number of people this will affect, I can't believe for a minute that there will not be a whole bunch of legal challenges to it - and another Thread.

And far from being on our own anymore, a whole group of wealthy and influential people now find themselves at the receiving end of retrospective legislation. People with press, business and political influence. This could get interesting.