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No To Retro Tax – Campaign Against Section 58 Finance Act 2008
When HMRC were questioned this week in Parliament on how they will use their powers (APN’s), Lin Homer said they will at this stage only seek accelerated payment in cases where there has already been a tribunal decision in their favour.
So I guess that at least buys us time up until the Huitson/Shiner FTT decision.
Be nice to know when this is going to happen? Sometime in 2007 would be nice - oh wait a minute we don't have a time machine!
There are only 5 countries in the world where retrospection is legal? Its illegal in Zimbabwe...
Article 39 of the Magna Carta states; 'No freemen shall be taken or imprisoned or disseised or exiled or in any way destroyed, nor will we go upon him nor send upon him, except by the lawful judgment of his peers or by the law of the land'.
Although it does not say so explicitly, I presume the good Lords, Knights and Barons meant the law of the land as it stood. Time travel was only invented in more recent times!
From the FTTT, or alternatively, the quality of the cardboard box I need to buy for my family, depending on how you look at it.
Just noticed this on the BBC. Maybe this is how they'll get around the Magna Carta issue, though I thought they could just have grabbed a quill, stroked out the bits that they didn't like, and added in the new ones, and dated the changes as 1215, signed King John pp
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