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I have posted in our own forum this afternoon some news on the latest AML situation. -
Originally posted by THISISWRONG View PostI have pretty much come to the conclusion that I will have to settle. I’m just waiting on conversations with your team before taking a final call.Leave a comment:
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I have pretty much come to the conclusion that I will have to settle. I’m just waiting on conversations with your team before taking a final call.Leave a comment:
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Originally posted by THISISWRONG View PostIm amazed that with all the negatively, that there is not one leading group bring legal action against this.
I can only see plenty of people try to assist with settling. There is no planning or negogiation that improves the situation.... or am I missing something?
If clients, having considered their options, want to go that way we assist because we can.
There are legal actions in contemplation in support of our plan. Those have to consider the risk/reward position.
Challenging Government policy in Court is always difficult. Going against retrospective legislation is always difficult. We will not recommend legal action which may give our clients an opportunity to vent their feelings but which is likely to produce little benefit. We would rather use their resources in areas we believe are more effective such as hiring decent advisers to challenge the HMRC version of tax legislation.
That said, we strongly support the sub group of our members who have formed the Loan Charge Action Group. They are committed to more direct action.
If therefore you want to join and help them, I would recommend it.Leave a comment:
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Im amazed that with all the negatively, that there is not one leading group bring legal action against this.
I can only see plenty of people try to assist with settling. There is no planning or negogiation that improves the situation.... or am I missing something?Leave a comment:
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Norris International
I've recently put a piece into our forum regarding the above.
In short they have a proposal that is claimed to avoid the LC 2019 liability.
I have commented on the chances of this achieving its goals.Leave a comment:
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https://forums.contractoruk.com/hmrc...sidents-6.html
The above thread has a discussion around non resident employers/employment.
For the sake of clarity, the views expressed there are not in accordance with our analysis.
We are sending out our analysis on schemes to you all now and you should read that carefully.Leave a comment:
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There is a thread below that discusses the interaction between the DR charge and enquiries from earlier years.
The views expressed on that thread do not coincide with ours.
If you are in BG and wish to get an update, please contact us.Leave a comment:
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Originally posted by Finalwhistle View PostIrrelevant of how you are viewed moving forward if the loan has been repaid in cash then the DR LC has been avoided. No one can disagree with that... onto the next chapter
So whilst I'd like to agree that "no one can argue with that", they can and almost inevitably will.
That does not mean that they are right, but that there will be a long, detailed, technical and legal debate.Leave a comment:
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Originally posted by Finalwhistle View PostIrrelevant of how you are viewed moving forward if the loan has been repaid in cash then the DR LC has been avoided. No one can disagree with that... onto the next chapter
Obviously it will cause suspicion however for those people with all closed years they will have nothing to declare come April 2019.. and so will effectively remain off the radar (as HMRC are surely more likely to prioritise all those people who are still on the radar). But yes it does beg the question of what next.. (appologies this is not really related to BG)Leave a comment:
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