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[DealorNoDeal]

There is no right of appeal against APNs. You can make representations but if HMRC reject these, then it's pay up or incur surcharges/penalties.



I've heard that before. I bet they're not willing to stick their neck out and give an actual % chance of success....

[DealorNoDeal]

HMRC already know that. They've seen so many of these schemes over the past 20 years, and the pattern is always the same.

That's why they only go back 4 tax years.

All they want is that you pay the taxes you should have done....

[DealorNoDeal]

They'll probably tell you loads positive eg. they're confident the scheme is fully compliant with the law, it was approved by tax counsel and HMRC have got it wrong.

We've heard all that before over the past 20 years, and not once has a scheme succeeded. Not a single one of these schemes...

[DealorNoDeal]

True. If you do an average annual mileage at today's petrol prices, it might not take long to recoup the additional upfront cost.

Since I only do a few hundred miles a year, it wouldn't make much difference to me other than saving a couple of hundred quid road tax....

[DealorNoDeal]

Probably. The APN legislation is clear when penalties arise, which is why I was curious as to what possible grounds of appeal there could be....

[DealorNoDeal]

I'm not familiar with the case.

1) On what grounds are the penalties being appealed?
2) What reasons did the FTT give for finding in favour of HMRC?
3) Which tax firm/solicitors are running the appeal?
4) Which barrister are they using?

[DealorNoDeal]

It felt like about double to me.



Yes, that's what I guessed, and certainly nowhere enough to explain the difference, especially if an electric motor is cheaper than an ICE.



I think I'll leave that to the early adopters (eg. show-offs, virtue signallers...

[DealorNoDeal]

I watched Fifth Gear Recharged on Quest a few months ago, and couldn't believe how expensive electric cars are. There didn't seem to be anything under £30k, and the more premium stuff was £50k+.

If you think the only main differences between an electric car and a petrol/diesel one are:...

[DealorNoDeal]

I wonder why that is? ...

[DealorNoDeal]

My take on a few things. I've tried to keep this concise because it's easy to lose focus in these situations.

2017/18
This year might be in the clear now because it's over the 4 years for HMRC to raise a discovery assessment (they had until 5 Apr 2022). However, it might still get...

[DealorNoDeal]

That's probably why they're only asking for information about 2018/19, because the clock is ticking to raise an assessment for this year before next April....

[DealorNoDeal]

I suspect the providers of these current schemes have designed them to fall outside the scope of the Loan Charge, although whether they've succeeded or not is another matter. It's also hard to see how any payment mechanism these days can get past the beefed up DR legislation....

[DealorNoDeal]

There would almost certainly be something on your tax returns which would give the game away to HMRC eg. name of the employer. Also, the tiny salary would be a dead give away. The people you worked with are naive if they think the only way HMRC would find out is if someone blew the whistle on it....

[DealorNoDeal]

85-90% take home. Human nature I'm afraid....

[DealorNoDeal]

I imagine voter turnout is high among pensioners. Certainly much higher than young people.

Therefore, I think it's probably safe to assume that the triple lock is here to stay, and no wonder they've been quick to reinstate it.

[DealorNoDeal]

It would be easier to deprogram a Scientologist. ...

[DealorNoDeal]

I have been saying this every year for the past decade or so. There never seems to be a shortage of crooks willing to peddle these scams, and sadly no shortage of gullible punters for them to prey on.

Of course HMRC could do more but, to be fair, it has been well publicised everywhere that...

[DealorNoDeal]

There's a bit of a whiff of mansplaining misogyny here.

[DealorNoDeal]

Women should be able to do what they want with their bodies. They have to go through pregnancy and child birth, and they usually end up with most of the burden of child rearing.

And, no, men should not be able to veto whether a woman terminates a pregnancy or not.

Ironically,...

[DealorNoDeal]

1. That's up to you. However, even if you only provide what they've asked for (2019/20), it's almost certain they'll come after the other years eventually.
2. You don't say whether the 54k is just tax but there may be nics as well. And there will be some late payment interest on top of this....