HMRC Consultative Document - marketed tax avoidance schemes

[cojak]

If you wish to speculate in such a manner I invite you to do it in General, otherwise stay on topic.

[varunksingh]

I request all who are potentially getting effected by these new draft laws to get involved and respond to consultation document

Consultation document is available here: https://www.gov.uk/government/upload..._avoidance.pdf

[DonkeyRhubarb]

It does not affect Ltds because Section 9a relates to sole traders and Individuals see https://www.pcg.org.uk/tax-investigation-faq

Although the consultation is titled "marketed tax avoidance", the draft legislation appears to cover a wide range of enquiries including company tax returns (see Appendix A, page 3 "Tax enquiries, returns and tax appeals").

It is certainly not just Section 9a.

Now don't get me wrong, I am not suggesting for one minute that it will be used to attack Ltds.

But there is nothing in the legislation which says this only applies to "dodgy schemes".

[costo]

Taking Action

For all those who may be affected if what is proposed in this consultancy document becomes law.

Please please take the time to respond to the consultancy document and also write to your local MP to draw attention to this. My local MP was good enough to listen to my points and will be writing to the treasury on my behalf.

It should not be assumed that *other* people in a similar situation will be doing this and therefore you do not have to.

[malvolio]

You might also find that this makes for interesting reading...

[varunksingh]

You might also find that this makes for interesting reading...

Is this not about something completely different? I think it is.

[varunksingh]

http://www.tax.org.uk/Resources/CIOT...ts.pdf

How dare CIOT says this CAN apply to VAT, Corporate finance etc. CIOT is as crazy as I am thinking this has POTENTIAL wider implications.

[LisaContractorUmbrella]

http://www.tax.org.uk/Resources/CIOT...ts.pdf

How dare CIOT says this CAN apply to VAT, Corporate finance etc. CIOT is as crazy as I am thinking this has POTENTIAL wider implications.

What do you mean how dare they? I think that they are giving what's know as an 'expert opinion'

[varunksingh]

What do you mean how dare they? I think that they are giving what's know as an 'expert opinion'

I said that with a LOAD of sarcasm. Lots here has been shooting me down if I say this CAN apply to outside of EBTs

[cojak]

http://www.tax.org.uk/Resources/CIOT...ts.pdf

How dare CIOT says this CAN apply to VAT, Corporate finance etc. CIOT is as crazy as I am thinking this has POTENTIAL wider implications.

Where does it say that in the document? I can't find any reference to VAT in the context you described.