Fisher case important for us. HMRC has appealed agains Anne fisher and Peter & Stephen fisher have appealed against HMRC. Date of receipt in UTT 15th and 14 Jan 15. Awaiting details on hearing date now.
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Settlement Opportunity
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Any news on the Rangers Appeal date yet ?STRENGTH - "A river cuts through rock not because of its power, but its persistence"Comment
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Originally posted by regron View PostAny news on the Rangers Appeal date yet ?Comment
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Originally posted by DonkeyRhubarb View PostMany promoters have shut up shop leaving users to fend for themselves.
Unfortunately there are a lot of cowboys in the scheme business.Comment
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Ok, so I received my settlement calculation on Friday.
The first point is that IHT is not included ("There is no IHT charge up to and including [today's date]") but the threat of IHT looms if any of the following event occur: 1) loan write off, 2) any other event that makes the loans worth less, 3) it is ten years since the trust received funds.
So rather than offering 'finality' we now have an unknown IHT liability and will be in the hands of HMRC forever. Apparently.
Secondly, if you take the Settlement Opportunity and pay in instalments you pay 1% over and above the prevailing rate meaning it would ultimately cost you more to settle than not.
This is insanity. Poorly thought out and poorly executed. If you we're thinking of settling, forget it. I can't believe HMRC could be quite so thick.Comment
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What is this nonsense.
Settlement opportunity should mean finality.
So in 10 years time you'll get stung for IHT?
What the fark is that shower of sh1te up to?Comment
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Originally posted by Boobetty View PostOk, so I received my settlement calculation on Friday.
The first point is that IHT is not included ("There is no IHT charge up to and including [today's date]") but the threat of IHT looms if any of the following event occur: 1) loan write off, 2) any other event that makes the loans worth less, 3) it is ten years since the trust received funds.Comment
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