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

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    Shocked

    I have been out of the picture for a while, due to a family bereavement. Am I reading this correctly: if all is passed in the budget, Hector can pop along and demand I pay the BN66 disputed amount in full, immediately. Presume this follows on with any dispute that may (almost certainly will) arise from the current loan scheme I'm on. So, in short, Hector will bankrupt me and steal my home and life instantly. Is this correct?
    Lord Clyde in 1929: ‘No man is under the smallest obligation, moral or other, so to arrange his legal relations to his business or to his property as to enable the Revenue to put the largest possible shovel into his stores. The Revenue is not slow to take every advantage which is open to it under the taxing statutes for the purpose of depleting the taxpayer’s pocket. And the taxpayer is entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Revenue.’

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      Originally posted by nick4notax View Post
      I have been out of the picture for a while, due to a family bereavement. Am I reading this correctly: if all is passed in the budget, Hector can pop along and demand I pay the BN66 disputed amount in full, immediately. Presume this follows on with any dispute that may (almost certainly will) arise from the current loan scheme I'm on. So, in short, Hector will bankrupt me and steal my home and life instantly. Is this correct?
      Hi Nick, the amount would be excluding interest and its unclear how they would treat hardship cases. The paper mentions time to pay etc but whether they would enforce if it led to bankruptcy is not clear. But essentially yes they would come looking for any monies earnt through the scheme from 2004, and you would have 90 days to pay, or come to a TTP agreement.

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        We should find out tomorrow, or in the next few days, what is actually being included in the Finance Bill.

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          Apologies

          I remember seeing a post about renewing standing orders to NTRT. I thought I had set mine up to be ongoing but it seems this is not the case.

          Can someone point me to the NTRT bank details so I can resume payments please?

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            Originally posted by swede View Post
            I remember seeing a post about renewing standing orders to NTRT. I thought I had set mine up to be ongoing but it seems this is not the case.

            Can someone point me to the NTRT bank details so I can resume payments please?
            Hi Swede,

            I'll PM you.

            Cheers

            Santa
            'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
            Nick Pickles, director of Big Brother Watch.

            Comment


              Documentary Series on tax

              Are you faced with a retrospective tax bill?

              Award-winning programme-maker, Tiger Aspect, is producing an observational documentary series on tax for Channel 4 and we would like to speak to anyone with an ongoing tax problem.

              Filmed over the course of 2014 the series of three programmes will follow tax payers as they deal with a broad range of tax issues.
              The series will also film with HMRC to see how they are trying to close the tax gap and what their greater targets mean for tax payers.

              Retrospective is an important issue we will be covering and we're looking to speak with people who have been impacted.

              Please contact Ruth Newton on [email protected] or 0208 222 4891 for more information.

              All information is off the record at this stage and doesn’t oblige you to take part in the series.

              Mod Note: I will allow this through, but please show courtesy in future and ask Admin - there will be NO PM privileges until this is done.

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                Venus flytrap

                The Venus flytrap (also Venus's flytrap or Venus' flytrap), Dionaea muscipula, is a carnivorous plant native to subtropical wetlands on the East Coast of the United States. It catches its prey—chiefly insects and arachnids— with a trapping structure formed by the terminal portion of each of the plant's leaves and is triggered by tiny hairs on their inner surfaces. When an insect or spider crawling along the leaves contacts a hair, the trap closes if a different hair is contacted within twenty seconds of the first strike.
                'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
                Nick Pickles, director of Big Brother Watch.

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                  In the interests of balance...

                  Channnel 4 to turn HMRC into crime-busting heroes with Meet The Taxman docu-series - News - TV & Radio - The Independent
                  "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                  - Voltaire/Benjamin Franklin/Anne Frank...

                  Comment


                    After reading that article no-one in their right mind would go near that TV program... So BP will be first in the queue.....
                    merely at clientco for the entertainment

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                      What a bunch of tulips.

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