Why hello everyone,
Figured id better sort myself a new profile (lost old log in details) and come online to clarify matters...or at least try to.
So on that basis
I have a number of disagreements with WTT which are well known and not worth repeating as we are all entitled to opinion. However, whilst I am v much in agreement with MH (saleos) on the chances of BG I feel, considering a few things ive seen in this forum, its worth stating the following:
- No WTT are most definitely NOT working undercover with HMRC. Jesus Christ! If they were then they would be the greatest bloody double agents of all time! But they aren't. zero chance of it. Nil, zilch.
- I speak to Matt H on a very regular basis and whilst I know that on here there are a lot of people who are often keen to attack him (he makes me seem relatively popular and that's some going!) I can say that, in my opinion for what its worth, he's about as technically superb on tax matters as anyone i've ever met in my 20 years of working in tax.
- I speak to Rhys (WTT) on a relatively regular basis and despite differences on thoughts of BG that's a matter we accept there's no point in us arguing and indeed just leave aside from discussions. I've found Rhys to be a nice and open chap and indeed just this week worked with him via email on a more important matter. The reason for this is of course the common goal (which we ALL have) of getting rid of the damn Loan charge one way or the other.
So, to cover points I see have come up this week and somewhat weirdly (despite me not even logging into this site for over a year) seem to have mentioned my name:
- Do I think BG will work? No, I agree with Matt in this for numerous reasons. If I thought it would work id bloody well back it I promise, but personally I think the chances are not even 6.5% let alone the 65% offered. In fact I personally think there's a VERY real chance it will make matters worse due to penalties.
- Do I think LCAG ffc Hamilton Rose disclosure plan will work? Nup that's amazingly even less likely to work that BG and i've absolutely told LCAG ffc this. I mean ffs, are we really thinking that after years of torture that all what is needed are a few words in the white space of a return and suddenly no tax is due? and don't worry " Its QC approved" . Seriously people, think about that one. Pretty certain you've heard such promises before....from the same QCs as it happens. Just don't bloody do it, and if you do and when the unicorn fails to produce its golden egg, don't say you were not warned.
- Do I think there's any hope at all? Absolutely, in fact i'm confident it will be ok wrt removing retrospection. Its out of my/your/our hands now though and I cant expand but lets trust the few MPs and the APPG in general as I know they are working v hard in the background on doing what they do.
Also i'd add that despite me thinking that the disclosure plan is about as awful as BG is this is completely separate to LCAG as an organisation who without we wouldn't today have any hope at all. In my discussion with Rhys/appg and others this week LCAG were v much included and I thank them for their excellent work as always. Just because I strongly disagree with a certain policy/decision does NOT make an entire organisation bad. Indeed the disclosure plan is actually separate to LCAG themselves.
Now i'm off to go do my day job for a few hours more but I shall return later and look forward to returning to see the standard name calling/crazy allegations/david byers articles (hi dave *waves in cheerful manner) that i'm used to from the internet.
Any questions, feel free to ask and ill answer any sensible ones.
Actually Ill answer one now.....no I am not bloody bobby dazzler and I thank the mods for seemingly having investigated that and confirming earlier. I do however know who it was but its not for me to speak for someone else and nor can I control what another grown adult says. I do agree with most of the points that he made though.
Anyhoo, Jim Harra wont tell himself to **** *** and leave my clients alone so gotta dash.
Cheerio
Phil
Figured id better sort myself a new profile (lost old log in details) and come online to clarify matters...or at least try to.
So on that basis
I have a number of disagreements with WTT which are well known and not worth repeating as we are all entitled to opinion. However, whilst I am v much in agreement with MH (saleos) on the chances of BG I feel, considering a few things ive seen in this forum, its worth stating the following:
- No WTT are most definitely NOT working undercover with HMRC. Jesus Christ! If they were then they would be the greatest bloody double agents of all time! But they aren't. zero chance of it. Nil, zilch.
- I speak to Matt H on a very regular basis and whilst I know that on here there are a lot of people who are often keen to attack him (he makes me seem relatively popular and that's some going!) I can say that, in my opinion for what its worth, he's about as technically superb on tax matters as anyone i've ever met in my 20 years of working in tax.
- I speak to Rhys (WTT) on a relatively regular basis and despite differences on thoughts of BG that's a matter we accept there's no point in us arguing and indeed just leave aside from discussions. I've found Rhys to be a nice and open chap and indeed just this week worked with him via email on a more important matter. The reason for this is of course the common goal (which we ALL have) of getting rid of the damn Loan charge one way or the other.
So, to cover points I see have come up this week and somewhat weirdly (despite me not even logging into this site for over a year) seem to have mentioned my name:
- Do I think BG will work? No, I agree with Matt in this for numerous reasons. If I thought it would work id bloody well back it I promise, but personally I think the chances are not even 6.5% let alone the 65% offered. In fact I personally think there's a VERY real chance it will make matters worse due to penalties.
- Do I think LCAG ffc Hamilton Rose disclosure plan will work? Nup that's amazingly even less likely to work that BG and i've absolutely told LCAG ffc this. I mean ffs, are we really thinking that after years of torture that all what is needed are a few words in the white space of a return and suddenly no tax is due? and don't worry " Its QC approved" . Seriously people, think about that one. Pretty certain you've heard such promises before....from the same QCs as it happens. Just don't bloody do it, and if you do and when the unicorn fails to produce its golden egg, don't say you were not warned.
- Do I think there's any hope at all? Absolutely, in fact i'm confident it will be ok wrt removing retrospection. Its out of my/your/our hands now though and I cant expand but lets trust the few MPs and the APPG in general as I know they are working v hard in the background on doing what they do.
Also i'd add that despite me thinking that the disclosure plan is about as awful as BG is this is completely separate to LCAG as an organisation who without we wouldn't today have any hope at all. In my discussion with Rhys/appg and others this week LCAG were v much included and I thank them for their excellent work as always. Just because I strongly disagree with a certain policy/decision does NOT make an entire organisation bad. Indeed the disclosure plan is actually separate to LCAG themselves.
Now i'm off to go do my day job for a few hours more but I shall return later and look forward to returning to see the standard name calling/crazy allegations/david byers articles (hi dave *waves in cheerful manner) that i'm used to from the internet.
Any questions, feel free to ask and ill answer any sensible ones.
Actually Ill answer one now.....no I am not bloody bobby dazzler and I thank the mods for seemingly having investigated that and confirming earlier. I do however know who it was but its not for me to speak for someone else and nor can I control what another grown adult says. I do agree with most of the points that he made though.
Anyhoo, Jim Harra wont tell himself to **** *** and leave my clients alone so gotta dash.
Cheerio
Phil
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