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

[SantaClaus]

Ive got a CTD but dont see how that impacts what answers you give in the survey.

Just think of the CTD as a separate insurance policy that could be used if you have to pay the full liability in that eventuality.

If another resolution is possible, you either get all your CTD back or a greater \ lesser part of it.

That's how I see it too, BB.

[Douglas]

Thanks both. D.

[GottaBeOptimistic]

Survey

We've had an excellent response to the survey so far.

Please keep them coming.

Thanks
DR

Mine's submitted....

[DonkeyRhubarb]

Reminder

Please can you complete the "settlement/FTT" survey if you haven't already done so.

Link to Survey

Many thanks
DR

[travellingknob]

2015 closure ?

Anyone think the MP FTT case will be heard in 2015 ?
What about the NTRT latest gambit, will that conclude or be another strand taking years through tax tribunals ?

[DonkeyRhubarb]

(1) Anyone think the MP FTT case will be heard in 2015 ?
(2)What about the NTRT latest gambit, will that conclude or be another strand taking years through tax tribunals ?

1) Possibly, although I would put more money on it being next year. Also, bear in mind that following a hearing it typically takes at least 6 months to get a decision.

2) That's up to HMRC.

[deckster]

Perhaps the more immediate question is when will we start receiving APNs? Have HMRC released any information about how many have been sent out? I guess there's no way of telling where we are in the list.

Do we think HMRC are consciously delaying issuing APNs given a) our history of appealing everything, and b) the fact that there are already cases in the FTT process?

[DonkeyRhubarb]

Perhaps the more immediate question is when will we start receiving APNs? Have HMRC released any information about how many have been sent out? I guess there's no way of telling where we are in the list.

Do we think HMRC are consciously delaying issuing APNs given a) our history of appealing everything, and b) the fact that there are already cases in the FTT process?

As far as I'm aware, they haven't issued APNs to any contractors in any schemes.

The only individuals who have received APNs so far are more wealthy investors in film schemes etc. That's why HMRC are able to report that 99% have paid up - these are mostly rich people.

HMRC pockets £32m from tax avoidance scheme users - 15 Dec 2014 - Accountancy Age

[bstar1]

Waiting to see who wins the next election to make it there headache

[DonkeyRhubarb]

Waiting to see who wins the next election to make it there headache

There's a suspicion that's also why HMRC have extended the deadline for the EBT Settlement Opportunity from this month to July. The assumption being they won't start issuing APNs until after the deadline has passed.