Morning everyone
I am interested to hear what everyone's thoughts are on what if any impact the APNs may have on future tribunal hearings. I know that they may now be academic but I for one and I'm sure many others would like to know whether the scheme we were in was operating legally.
My concern is that the tribunal judges (or whatever you call them) may take the view that HMRC must have a water tight case against this scheme to issue an APN which may sway their judgement in favour of HMRC. Of course the reality is far from that - if you have a DOTAS number you essentially get an APN even if they don't really know what the disputable tax amount is.
It does feel like the world is against us at the moment and the goal posts keep on moving but wondering what everyone's views are on whether APNs may have a further adverse impact on future litigation cases or maybe they could work in our favour?? Also many of these cases will come after this proposed legislation becomes law so that may also sway them that they are going to be taxed anyway so why should my judgement be any different.
Overall it does feel at the moment that HMRC are winning everything when it comes to tax avoidance cases so I do wonder if tribunal judges have also bought into the rhetoric which they are successfully spinning.
All sounds very negative...sorry guys..
I am interested to hear what everyone's thoughts are on what if any impact the APNs may have on future tribunal hearings. I know that they may now be academic but I for one and I'm sure many others would like to know whether the scheme we were in was operating legally.
My concern is that the tribunal judges (or whatever you call them) may take the view that HMRC must have a water tight case against this scheme to issue an APN which may sway their judgement in favour of HMRC. Of course the reality is far from that - if you have a DOTAS number you essentially get an APN even if they don't really know what the disputable tax amount is.
It does feel like the world is against us at the moment and the goal posts keep on moving but wondering what everyone's views are on whether APNs may have a further adverse impact on future litigation cases or maybe they could work in our favour?? Also many of these cases will come after this proposed legislation becomes law so that may also sway them that they are going to be taxed anyway so why should my judgement be any different.
Overall it does feel at the moment that HMRC are winning everything when it comes to tax avoidance cases so I do wonder if tribunal judges have also bought into the rhetoric which they are successfully spinning.
All sounds very negative...sorry guys..
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