Originally posted by LandRover
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Tax Avoidance Deals to be Done ?
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Originally posted by DotasScandal View PostNot only Conservative MPs - all MPs. And I'm also completely serious.
The first step is to get an MP to ask a question about how much settling the 60,000 disputes will cost HMRC and how long it will take.
Once the opposition has settled down, we will find a sympathetic ear or two and prime them.Best Forum Adviser & Forum Personality of the Year 2018.
(No, me neither).Comment
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Originally posted by webberg View PostHowever a sensible settlement offer at say 50% of the tax due (most would take that I suspect) but at perhaps 25% of the costs, says they collect £62 per £1.
(a) Primarily because they couldn't. Most scheme members (not just IT contractors, but also investors in film schemes, health care workers, pro footballers, etc.) were in these schemes for several years, and the amounts of tax claimed are very much more than could be found by either liquidating investments or working under some "time-to-pay" for a year or two, and
(b) Because they wouldn't - it's a bit like vountarily accepting a jail term for a crime you know you didn't commit - and saying "thank you very much for the opportunity to go to jail for a reduced amount of time - that's very kind of you".
Personally, I would settle for 15%-25% of the amount claimed from me, payable over five years - with NO admission of any wrong-doing ...
BTW - There was a "straw poll" on these boards before Xmas regarding the ability of people to pay expected APNs. I'd be very interested to see a similar poll along the lines of:
"For your own individual case, if HMRC were willing to make a deal, what would you be able (or prepared) to settle for:
(1) The full amount, payable immediately or over 2 years
(2) The full amount, payable over 5 years
(3) 50% payable over 5 years
(4) 40% payable over 5 years
(5) 25% payable over 5 years
(6) 10% payable over 5 years
(7) Nothing - HMG and HMRC can stick their "claims" up their respective jacksies - I'm prepared to fight it out through the legal system
I'd also hope that any HMG/HMRC bods reading the results of such a poll might be inspired to make the appropriate suggestions to their superiors ..."If You Tolerate This Your Children Will Be Next ..."Comment
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Amen to that
Expecially:
Originally posted by dangerouswhensober View Postb) Because they wouldn't - it's a bit like vountarily accepting a jail term for a crime you know you didn't commit - and saying "thank you very much for the opportunity to go to jail for a reduced amount of time - that's very kind of you".Comment
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