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No To Retro Tax – Campaign Against Section 58 Finance Act 2008
International business advisories are now suggesting UK is closed for entrepreneurs
And to add to all that, the first international business advisories as well as some international entrepreneur discussion groups have suggested that, with this new regulation coming in, the UK is closed for business and people would be better placed in other jurisdictions when establishing their businesses:
Well done, George Osbourne & David Gauke, these are exactly the amateurish messages you do NOT want to send out if you are after improving the UK economy.
Which makes me think whether or not it's time to pack my bags, too, and turn my back on the UK to find a warmer and friendlier climate and a government that really, truly appreciates the work I do.
Either way, I've come off my DOTAS scheme now which feels like getting rid of an unwanted tattoo.
Whichever way you look at it, DOTAS are dead and tax avoidance is likely going to move off the previous "DOTAS radar" and will become much more invisible - another big own goal by Gauke and Osbourne.
(I've put a few more comments here originally, but then deleted them thinking that I don't want to give the establishment and HMRC too many ideas of what they - or we - may be doing next.)
Which makes me think whether or not it's time to pack my bags, too, and turn my back on the UK to find a warmer and friendlier climate and a government that really, truly appreciates the work I do.
Either way, I've come off my DOTAS scheme now which feels like getting rid of an unwanted tattoo.
Whichever way you look at it, DOTAS are dead and tax avoidance is likely going to move off the previous "DOTAS radar" and will become much more invisible - another big own goal by Gauke and Osbourne.
(I've put a few more comments here originally, but then deleted them thinking that I don't want to give the establishment and HMRC too many ideas of what they - or we - may be doing next.)
Agree, who in their right mind would request a DOTAS number now? Thats just giving HMRC a stick to beat you with, it will go under ground now no doubt.
Agree, who in their right mind would request a DOTAS number now? Thats just giving HMRC a stick to beat you with, it will go under ground now no doubt.
It will. But that means automatic penalties when they find out which the scheme creators definitely not be telling their customers.
The real problem here is the scumbags who moved tax avoidance from a toy for the rich and started aggressively marketing those schemes to panicking members of the general public while spreading the panic over IR35... Personally I would have added something making the creators of such schemes personally liable for all tax due as that would be the only way to kill them...
Its one thing to say yes, this scheme is safe, its another to say yes this scheme is safe and I'm betting everything I own on it being so.....
It will. But that means automatic penalties when they find out which the scheme creators definitely not be telling their customers.
The real problem here is the scumbags who moved tax avoidance from a toy for the rich and started aggressively marketing those schemes to panicking members of the general public while spreading the panic over IR35... Personally I would have added something making the creators of such schemes personally liable for all tax due as that would be the only way to kill them...
Its one thing to say yes, this scheme is safe, its another to say yes this scheme is safe and I'm betting everything I own on it being so.....
I guess people will just hedge they may never get found out, or as you say some dodgy scheme providers will not disclose the full potential impact should it get onto HMRC radar.
I do think there should be an element of financial responsibility for the scheme providers where it fails, otherwise whats to stop anyone setting up a dodgy scheme, taking a nice management fee and then vanishing the minute HMRC come knocking? Its the kind of thing that wouldnt be out of place on an edition of Watchdog rogue traders.
Whilst this govt. are busy trying to bankrupt and penalise us for doing something totally legal, Maria Miller gets off with a not very humble apology for "making a mistake" and paying back just 10% of what she owes.
Please sign this petition if you think Maria Miller should face criminal charges.
Whilst this govt. are busy trying to bankrupt and penalise us for doing something totally legal, Maria Miller gets off with a not very humble apology for "making a mistake" and paying back just 10% of what she owes.
Please sign this petition if you think Maria Miller should face criminal charges.
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