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Churchill Knight & Boox clients being investigated as Managed Service Companies

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    Originally posted by eek View Post

    The bit I don't get is that they are now too late for the 2017/18 tax year and you would have thought that given the more obvious examples we all know about I would have expected way more than 2 firms to be included in these test cases.
    Just playing a longer game? Or sheer incompetence WRT sticking to a time frame that caught earlier years? Either is plausible. Unfortunately, for those now in the crossfire, it's largely academic at the moment.
    Public Service Posting by the BBC - Bloggs Bulls**t Corp.
    Officially CUK certified - Thick as f**k.

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      Originally posted by Fred Bloggs View Post

      Just playing a longer game? Or sheer incompetence WRT sticking to a time frame that caught earlier years? Either is plausible. Unfortunately, for those now in the crossfire, it's largely academic at the moment.
      I can't see a longer game because HMRC hardly need any bigger ammo to work with ( at the moment determine salary v dividends is seemingly enough to be an MSC). So it's either something in the portals has annoyed them or incompetence.

      And I don't buy the incompetence as by only starting a case against just 2 firms HMRC have lost the opportunity to recover a significant £x0ms+ from other firms.
      merely at clientco for the entertainment

      Comment


        Anyone an idea of timeline in all this? When can we expect each step to be resolved?

        Comment


          Originally posted by Fred Bloggs View Post

          That might well be a deliberate part of the strategy. To see how far Hector can stretch the MSC legislation before a tribunal pushes back. It wouldn't surprise me at all if there is a list of candidate accountant firms with a risk rating against them.
          That is and interesting take on it and I suspect the truth especially considering what we have seen of the wording of the captures (apart from the fee Point (a)). Boox and CK have been caught very differently in fact CK's condition (d) was 'after speaking with clients' so you could argue anecdotal?

          Comment


            Originally posted by enda1 View Post
            Anyone an idea of timeline in all this? When can we expect each step to be resolved?
            Assuming a FTT, UTT and potentially beyond, perhaps 5-10 years.

            Comment


              No idea at all.
              "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
              - Voltaire/Benjamin Franklin/Anne Frank...

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                Originally posted by jamesbrown View Post

                Assuming a FTT, UTT and potentially beyond, perhaps 5-10 years.
                Thanks for your reply. But I meant more in terms of each step. There are multiple gateways to pass through before (if it gets to) tribunal. When should the next one be?

                Comment


                  Originally posted by enda1 View Post

                  Thanks for your reply. But I meant more in terms of each step. There are multiple gateways to pass through before (if it gets to) tribunal. When should the next one be?
                  No idea at all.
                  "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                  - Voltaire/Benjamin Franklin/Anne Frank...

                  Comment


                    Originally posted by enda1 View Post
                    Anyone an idea of timeline in all this? When can we expect each step to be resolved?
                    Based on CBS (and this could well be worse as waiting times have worsened since then).

                    Initial appeal letters - Now (deadline is approaching)
                    2024/5 - First Tribunal
                    2025/7 - Upper Tribunal
                    2027/9 - appeal court.

                    Now the first tribunal may be quicker and that would shorten the other deadlines but HMRC don't usually rush these things (longer delays = more pressure resulting in people paying).
                    merely at clientco for the entertainment

                    Comment


                      Originally posted by eek View Post

                      Based on CBS (and this could well be worse as waiting times have worsened since then).

                      Initial appeal letters - Now (deadline is approaching)
                      2024/5 - First Tribunal
                      2025/7 - Upper Tribunal
                      2027/9 - appeal court.

                      Now the first tribunal may be quicker and that would shorten the other deadlines but HMRC don't usually rush these things (longer delays = more pressure resulting in people paying).
                      I guess the first step should be the appeal (which most have probably launched).

                      Then if this is not favourable there is the option of a "review" which should be concluded within 45 days:
                      https://www.gov.uk/tax-appeals/revie...nalty-decision
                      "Reviews usually take 45 days, but HMRC will contact you if it will take longer."

                      Then there's the dreaded tribunals...


                      Hopefully at least some of us can get out via the initial appeal and review channels. Let's see.

                      Comment

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