Originally posted by Churchill
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What's the big deal with BN66?
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And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014 -
Originally posted by Mich the Tester View PostThat’s my position too. The scheme was wrong-headed. Stopping it and closing the loophole is right. Retrospective application of a new interpretation (or ‘clarification’, in New Liebore speak) is wrong, and is a very dangerous step."I hope Celtic realise that, if their team is good enough, they will win. If they're not good enough, they'll not win - and they can't look at anybody else, whether it is referees or any other influence." - Walter Smith
On them! On them! They fail!Comment
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Originally posted by AtW View PostThat's your opinion.
The judge clearly disagreed - I've read the text of the judgement and it's pretty well written, IANAL and maybe judge is wrong on some bits, I can't be certain on that. But what I am certain is that people who reduce their tax from 40% to 3.5% by using offshore scheme should not expect to get away with it.Comment
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Originally posted by Incognito View PostNothing trolling about it muttley, trolling would be going onto the BN66 thread and getting involved there. I have not and neither has AtW. this is general though and this is all very simple
I actually thought BN66 was about "income shifting" until today I read all the details.Comment
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Originally posted by Churchill View PostI don't agree with the scheme. However I also disagree with what HMRC are trying to do.
The scheme might have been dodgy or even taking the p1$$, but it's up to HMG to make good tax law.
It's reasonable that a UK taxpayer can have reasonable certainty that they're behaving according to the prevailing law.
HMG inventing a time machine removes that certainty and is offensive to any sense of natural justice. It also sets a very dangerous precedent.Comment
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Originally posted by Andy2 View Postthey should have known it's simply not possible to reduce your tax from 40% to 3.5%, unless you are a multi-millionaire with offshore arrangementsComment
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Originally posted by Andy2 View Postthey should have known it's simply not possible to reduce your tax from 40% to 3.5%, unless you are a multi-millionaire with offshore arrangementsComment
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Originally posted by Mich the Tester View PostAh, but if you had enough grey matter you wouldn’t live in the UK under a Labour government.Down with racism. Long live miscegenation!Comment
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Originally posted by NotAllThere View PostSo that's you, me... and Threaded!?!Comment
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At least it's kept the "I'm looking at a scheme that lets me keep >90% of my income Pocketandrun.com - has anyone got anything good to say about it?" trolls quiet today."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
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