New Finance Bill 2017-18

[DeadDOTAS]

Any fast enough train or high enough building/ cliff will help me settling this very quickly if need be.
HMRC can fXck themselves and mop up their mess (will make sure reasons are well documented) - tired of this and a life like that.

Rather be dead. End off.

[ConfusedEasily]

Any fast enough train or high enough building/ cliff will help me settling this very quickly if need be.
HMRC can fXck themselves and mop up their mess (will make sure reasons are well documented) - tired of this and a life like that.

Rather be dead. End off.

F***. I have no idea what others are going through. The lack of control as HMRC takes people's lives away is stunning.
Awful. It's ridiculous.

Sometimes I wonder if several thousand IT specialists would be able to create a little bit of organised chaos.

[eek]

Any fast enough train or high enough building/ cliff will help me settling this very quickly if need be.
HMRC can fXck themselves and mop up their mess (will make sure reasons are well documented) - tired of this and a life like that.

Rather be dead. End off.

I'm sure BP will be around later with some more detailed advice but for the moment:-

Speak to the Samaritans
Get a doctors appointment and get suitable advice.

[Samatra]

F***. I have no idea what others are going through. The lack of control as HMRC takes people's lives away is stunning.
Awful. It's ridiculous.

Sometimes I wonder if several thousand IT specialists would be able to create a little bit of organised chaos.

If several thousand contractors got together, we would have a good chance of getting this in front of a Judge. They know we can't so the have freedom to change the rules and know they can get MP's to wave them through

[davedavis]

If they are, it is not me.

If you choose to trawl these forums in your free time and have no involvement in this fiasco, then I have more sympathy for you than I do the poor souls about to be made bancrupt

[Iliketax]

Speak to the Samaritans
Get a doctors appointment and get suitable advice.

I very much agree.

[Iliketax]

If several thousand contractors got together, we would have a good chance of getting this in front of a Judge. They know we can't so the have freedom to change the rules and know they can get MP's to wave them through

I don't do judicial reviews for a living. But I very much doubt if you will get permission for a judicial review. If you look at other challenges to changing tax law, such as s24 Finance (No 2) Act 2014, permission was not granted. If permission was granted, the people funding it said that they would need to raise £600,000 for it to be heard. If a court ever tried to strike down this type of legislation (which I think is incredibly unlikely), the government would take it all the way to the Supreme Court. That would obviously costs substantially more. But I think that the government would also make such minimal tweaks as necessary to get the substantive effect of the legislation through.

If you do want to raise the cash, it'll probably be easier to raise it from hedge fund managers and the like who have more at stake. But with contractors and hedge fund managers working together, you might not get that much support from the public.

[EBTContractor]

The April 2019 loan charge for self-employed is trading income and so class 4 NIC is due in the normal way.

Cheers. So come January 2020 when you have to pay up, are the scenarios?

1. Employed scheme: PAYE on loans, no NIC
2. Self-employed scheme: PAYE on loans + NICs

Assume in 2020 no interest will be added for open years?

[Samatra]

I don't do judicial reviews for a living. But I very much doubt if you will get permission for a judicial review. If you look at other challenges to changing tax law, such as s24 Finance (No 2) Act 2014, permission was not granted. If permission was granted, the people funding it said that they would need to raise £600,000 for it to be heard. If a court ever tried to strike down this type of legislation (which I think is incredibly unlikely), the government would take it all the way to the Supreme Court. That would obviously costs substantially more. But I think that the government would also make such minimal tweaks as necessary to get the substantive effect of the legislation through.

If you do want to raise the cash, it'll probably be easier to raise it from hedge fund managers and the like who have more at stake. But with contractors and hedge fund managers working together, you might not get that much support from the public.

If you don't do judicial reviews then you’re not the right guy to take advice from on the chances of getting one.
You quote s24 Finance not been given permission but there must be plenty of other cases that have been given permission.
If 5000 + contractors got together why would we need to team up with a hedge fund?
We will never have public opinion on our side even without hedge fund involvement and why do we need it for a judicial review

[ConfusedEasily]

I don't do judicial reviews for a living. But I very much doubt if you will get permission for a judicial review. If you look at other challenges to changing tax law, such as s24 Finance (No 2) Act 2014, permission was not granted. If permission was granted, the people funding it said that they would need to raise £600,000 for it to be heard. If a court ever tried to strike down this type of legislation (which I think is incredibly unlikely), the government would take it all the way to the Supreme Court. That would obviously costs substantially more. But I think that the government would also make such minimal tweaks as necessary to get the substantive effect of the legislation through.

If you do want to raise the cash, it'll probably be easier to raise it from hedge fund managers and the like who have more at stake. But with contractors and hedge fund managers working together, you might not get that much support from the public.

From what I can see we have no support from the public. According to HMRC the average salary of an individual hit by this is 250K+. They're not playing nice. That'd take me three years.

Anyway, it's a moot point. HMRC could have billed the UK based employers (the ones on the payslip) before they disappeared, but they didn't. Unless you could target a JR for HMRC not taking the tax when they had the opportunity and introducing legislation to cover up their total sh1tness I don't see what grounds there would be.