Originally posted by CrazyContract
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SP Management - HMRC claims
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Originally posted by HelenF View Post
As i have my own tax firm i could sound biased so id suggest you use absolutely anybody other than Carnegie. They are AML. Their appeal will almost certainly be drafted by a barrister named Setu Kamal but im not sure as i havent seen it, though he does most of their work. HMRC are never going to look at any appeal coming from the very people that create tax schemes to this day very well.
the reality is that hmrc will probably ignore all appeals but someone else looking at things afresh may identify a reason or at least not annoy HMRC quite as much.merely at clientco for the entertainmentComment
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Originally posted by eek View Post
Slightly unfair on HMRC, they will look at the appeal and start tearing it apart line by line, word by word for funsies.
the reality is that hmrc will probably ignore all appeals but someone else looking at things afresh may identify a reason or at least not annoy HMRC quite as much.Comment
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I'd say it's highly unlikely the scheme would stand up at a tax tribunal. I've never come across one yet that has. HMRC are currently very hot on anything loan related, and apparently approval has been given at the highest level to use discretionary powers under s684 to clobber schemes:
https://forums.contractoruk.com/hmrc...eme-years.html
Realistically, the best that could probably be hoped for by lodging an appeal is delaying having to settle. But delaying comes at a significant cost now that interest rates have shot up.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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