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Previously on "Ingenious film scheme investors granted leave to appeal APN JR to the Court of Appeal"
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The BBC has basically printed the HMRC Press Release without critical comment.
The decision runs to 350 pages and comes to a bizarre conclusion. I expect both Ingenious and HMRC to appeal it.
The issue for this thread is whether the JR appeal due in December will go ahead with this first decision being more or less in line with the APNs issued?
Whilst there was genuine uncertainty over the quantum of the APN, I could see a Court taking that into account. Now that there is a decision that backs up the quantum, albeit a decision that may yet be overturned, perhaps the claimants have lost some of the weight to their argument?
If that is the situation and the case is withdrawn, what happens to all those JR's backed up behind it? Will one of those be selected to go back to the first level of the JR legal process, i.e. Administrative Court? Will some of those backed up cases, when called upon for the costs of an actual appearance, have the funds?
Be interesting to find out.
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Originally posted by BrilloPad View Post
On top of it all, the BBC is clearly biaised.
Look for example at the FT on the same subject: "Ingenious wins Pyrrhic victory against HMRC"
The Rowe JR won't be heard until December.
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Yeah read this
https://www.cchdaily.co.uk/hmrc-secu...s-film-schemes
Far more balanced article than the tripe that BBC rolled out..
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Originally posted by difficulttimes View PostSo is this JR appeal for the issuing of an APN or FTT?
https://www.moneymarketing.co.uk/leg...tnership-case/
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Ingenious film scheme investors granted leave to appeal APN JR to the Court of Appeal
They are represented by Pinsent Masons.
Ingenious film tax scheme investors win appeal right against HMRC - 02 Dec 2015 - Accountancy AgeTags: None
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