HMRC Notice of Assessment APSE Consulting Ltd HMRC Notice of Assessment APSE Consulting Ltd - Page 14
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Posts 131 to 135 of 135
  1. #131

    More time posting than coding


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    Quote Originally Posted by mcfly49490 View Post
    Agree but again what I find interesting is why pause settlements because of the LC review? They aren't mutually related and are on a different path. What LC change can impact the settlement? If HMRC had ALL the facts, would they still be helpful?
    You can't seriously believe that. If not for LC I would told them to go hang. The LC is a coercion tool for "voluntary settlement".

  2. #132

    Nervous Newbie


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    Quote Originally Posted by DealorNoDeal View Post
    Many (most?) people are only settling to avoid the LC. If the LC was dropped, or substantially watered down, many may reconsider their decision to settle.

    So, they are related in a "cause and effect" sense.
    But that's not a good reason for HMRC to put these on hold (or suggest to do so as an option). If this was the case, HMRC wouldn't chance this as less people would decide to settle.

  3. #133

    More time posting than coding


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    Quote Originally Posted by mcfly49490 View Post
    But that's not a good reason for HMRC to put these on hold (or suggest to do so as an option). If this was the case, HMRC wouldn't chance this as less people would decide to settle.
    Suppose Fred was in the process of settling. By offering him the option to put it on hold, until the outcome of the review, HMRC are covering their backs. If Fred decides to still press ahead with the settlement then there's no come back on HMRC if the LC was subsequently dropped.

    If HMRC didn't offer this, then there is a risk that Fred could come back later and claim he settled under false pretences.

    -------------------------

    As an aside, if the LC was dropped, where does that leave everyone who has already reached a full & final settlement? Most of these people would never have settled if it had not been for the threat of the LC.

  4. #134

    I Am Legend


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    Quote Originally Posted by DealorNoDeal View Post
    As an aside, if the LC was dropped, where does that leave everyone who has already reached a full & final settlement? Most of these people would never have settled if it had not been for the threat of the LC.
    They would have no come back. Unless HMRC introduce retrospective legislation.

    Silly me - they would never do that.

  5. #135

    Should post faster


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    I settled back in May, with the LC factor and pressure I decided to settle this one. Maybe in 20 yrs time I’ll be able to claim back....HMRC Notice of Assessment APSE Consulting Ltd

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