Originally posted by Maslins
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Yes it's clear there is a risk but I don't agree that requesting clearance means it's perceived as borderline.
All you can say of someone requesting clearance is that they do not know how hmrc will rule on what is rather vague case law that is wide open to interpretation and they would like to know before acting.
I guess a lot of it comes down to need for certainty and risk adversity. A steady eddy might prefer the certainty of knowing the outcome that clearance affords while being willing to take the hit on increased likelihood of decline. A risky Rick might prefer to gamble the certainty for likely better financial outcome.
Anyone else know if penalties are further payable should it be ruled as a TIS?
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