Opportunity to participate in an APN judicial review

[regron]

WTF? This is insane. I hope you are wrong DR!

As HMRC have said all along, they anticipated JR's for APN's so I am sure that's where all the remaining uncertainty and confusion comes from:

1. SO remains open, but APN's still being issued
2. Penalties will still be added to APN's whilst JR is in progress
3. People being told they will get back in touch in a 'Few' weeks to discuss time to pay. Whilst the APN 90 day ticks down
4. People waiting weeks for SO figures
5. IHT uncertainty

Ultimately they still seem to hold all the cards really and whilst the JR's will stall things (of which I am all for) the underlying issues still don't go away. Still better to fight though (if you can), than bend over !!!

[DotasScandal]

WTF? This is insane. I hope you are wrong DR!

It *is* insane, but I am afraid DR is correct.
There was an article a few months ago examining penalties for not paying FNs (follower notices).
Now, bear in mind that the penalites for not paying a FN are absolutely killer - 50% of the tax "in dispute" (If APNs are the A-bomb, FNs are the H-bomb in HMRC's arsenal).
The article discussed at length what would happen if the taxpayer was eventually proven right. And the answer was that, in all likelihood, the penalties would be non-recoverable even then.
HMRC have stacked all cards in their favor, and unfortunately, this is the legislation that our asleep-at-the-wheel MPs have enacted!

[DotasScandal]

2. Penalties will still be added to APN's whilst JR is in progress

I believe this has yet to be confirmed (though it is quite likely)

4. People waiting weeks for SO figures

Weeks? try months!

Still better to fight though (if you can), than bend over !!!

Absolutely. Matter of principles here.

[fielder]

[QUOTE=DotasScandal;2075974]I believe this has yet to be confirmed (though it is quite likely)

2. Penalties will still be added to APN's whilst JR is in progress

Do we know how and when this can be confirmed?

[DonkeyRhubarb]

[QUOTE=fielder;2075981]

I believe this has yet to be confirmed (though it is quite likely)

2. Penalties will still be added to APN's whilst JR is in progress

Do we know how and when this can be confirmed?

We are trying to confirm this with the QC acting for Ingenious.

The rumour appears to have been started by another QC who seems to have an axe to grind. It could be a case of sour grapes because his outspoken comments on avoidance cases have cost him in the region of £500k in potential fees.

[fielder]

Thank you DonkeyRhubard, will watch this space.

[flamel]

[QUOTE=DonkeyRhubarb;2075997]

We are trying to confirm this with the QC acting for Ingenious.

The rumour appears to have been started by another QC who seems to have an axe to grind. It could be a case of sour grapes because his outspoken comments on avoidance cases have cost him in the region of £500k in potential fees.

The usual routine is that HMRC can't penalise you for more than the tax you (actually) owe.
I don't suppose for a minute that HMRC have thought about this

[DonkeyRhubarb]

[QUOTE=flamel;2076006]

The usual routine is that HMRC can't penalise you for more than the tax you (actually) owe.
I don't suppose for a minute that HMRC have thought about this

The maximum penalties for not paying an APN is 15%.

5% the day after the due date

another 5% after five months

a further 5% six months after that (ie. 11 months after the due date)

[StrengthInNumbers]

If it comes to putting money towards most probably it will mean other jr has had some success.

[flamel]

If it comes to putting money towards most probably it will mean other jr has had some success.

? What ?