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  1. I wasn't referring to advisors, in the past, who...

    I wasn't referring to advisors, in the past, who were involved with the schemes.

    I'm talking about those who are advising people now as to what to put on their 2018/19 tax return to "deal with the...
  2. Not a Spoons then.

    Not a Spoons then.
  3. The trouble is, advisors can be very persuasive. ...

    The trouble is, advisors can be very persuasive. (They need to earn a living after all.)

    "There are no cast iron guarantees but..."
    "We are confident in our approach..."
    "It has been approved...
  4. He's my pet stalker.

    He's my pet stalker.
  5. I suspect some people are going to land...

    I suspect some people are going to land themselves in trouble.

    There's an advert for Hamilton Rose LC, which keeps popping up on CUK, selling a "solution" for the Loan Charge. That is almost...
  6. The UK on a Friday and Saturday night is a bit of...

    The UK on a Friday and Saturday night is a bit of a different animal.
  7. Anyone filing a 2018/19 tax return for the LC, based on the advice of a tax advisor

    You may not be able to rely on the fact that you acted on professional advice, as a defence, if it backfires.

    Your only recourse would be to try and sue the advisor.

    Bottom line; make sure you...
  8. Pubs open for the first time in months, and on a...

    Pubs open for the first time in months, and on a Saturday. What could possibly go wrong.

    Probably best to steer clear of city/town centres on Saturday night.
  9. Some Brits are too, although they're usually a...

    Some Brits are too, although they're usually a bit coy about acknowledging that they like him.
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    To be fair, it was a bit more than a comment. It...

    To be fair, it was a bit more than a comment. It was intended to be pointed.

    It pisses me off that an advisor could advise you to put something on your tax return, and you can't rely on that.
    ...
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    Here you go. My insert in red. Perhaps...

    Here you go. My insert in red.



    Perhaps you'd like to define what you meant by "another". Did that not include tax advisors like yourself?
  12. I really hope that c**t doesn't get re-elected.

    I really hope that c**t doesn't get re-elected.
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    I wonder what webberg is advising clients to put...

    I wonder what webberg is advising clients to put on their 2018/19 tax return regarding the LC?

    From what he's saying, it sounds people won't be able to rely on his advice.



    FTFY.

    :rollin:
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    The FTSE 100 has been crap. Arguably it topped in...

    The FTSE 100 has been crap. Arguably it topped in 2000.

    File:FTSE 100 index chart since 1984.png - Wikimedia Commons

    Now I know there are dividends but, from what I've read, they've only just...
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    This is all hypothetical anyway, because NC31 has...

    This is all hypothetical anyway, because NC31 has to get passed first. And that's a huge hurdle to cross.
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    If P knew that the loan or quasi loan should have...

    If P knew that the loan or quasi loan should have been accounted for as income in the relevant year, and didn't declare it on their SA, then wouldn't that be evasion anyway?
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    BoE economist and estate agents say everything is...

    BoE economist and estate agents say everything is going to be fine.

    Nothing to worry about then.
  18. We'll need that for the build build build

    We'll need that for the build build build
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    Scoots, you still holding that 3x short btc? ...

    Scoots, you still holding that 3x short btc?

    Remind me, are you in it for a 5-figure or a 6-figure dollar amount?
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    I suspect it's a case of "we're implementing the...

    I suspect it's a case of "we're implementing the recommendations of the Morse report, and making wide ranging concessions, and that's your lot".

    Unfortunately, when push comes to shove, not many...
  21. Does anyone know how much his nose grew during...

    Does anyone know how much his nose grew during the speech?
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    My sister's husband used to work for them. He's...

    My sister's husband used to work for them. He's a nasty piece of work but that's by the by.

    Anyway, he said they will view the PAYE credit argument as gaming the system (plebs taking the piss...
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    Pure expediency I expect.

    Pure expediency I expect.
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    If HMRC were pursuing the former players, some of...

    If HMRC were pursuing the former players, some of whom may have been facing bankruptcy, I would have expected it to have received some press attention but I haven't seen anything reported since the...
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    Out of interest, do you know what happened...

    Out of interest, do you know what happened following the Rangers Supreme Court decision? As in, who are HMRC now pursuing for the tax; the club (employer) or the players (employees) who received...
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    Failed so far then. I expect it will end up in...

    Failed so far then.

    I expect it will end up in the Supreme Court, assuming any of the groups have the appetite, or the ££££££, for that.

    HMRC will certainly fight it all the way.
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    It would be interesting to know what he's holding...

    It would be interesting to know what he's holding that is in the red.

    Altcoins, stock market shorts?
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    HMRC seem to win most tribunals which involve...

    HMRC seem to win most tribunals which involve schemes.

    I'm certainly not aware of any contractor schemes which have been successful* at tribunal. Even the cases which tried a different approach...
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    Nah, you want to sell to a real c**t not a...

    Nah, you want to sell to a real c**t not a pretend one. :laugh
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    If you only ever sell winners, and hold on to...

    If you only ever sell winners, and hold on to losers...

    ...eventually you'll end up with a portfolio of losers.
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    5% is a reasonable position size. Although,...

    5% is a reasonable position size.

    Although, how can the 3x short have gone up 10-fold when BTC isn't much lower than it was on the 25th June when you opened the position?

    Bitcoincharts | Charts
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    Revenge is a dish best served cold... ...sell...

    Revenge is a dish best served cold...

    ...sell your house to the most unreasonable fecker you can find. :devil
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    You beat me to it.

    You beat me to it.
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    I'd be cautious of getting into a dispute with...

    I'd be cautious of getting into a dispute with them because, legally, you would have to disclose that to prospective purchasers. That could make it more difficult to sell than the garden being...
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    Dr Jekyll scooter: Mr Hyde scooter:

    Dr Jekyll scooter:



    Mr Hyde scooter:
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    Been there. The worst part is you daren't get...

    Been there. The worst part is you daren't get into an actual dispute with them because you have to declare that when you sell.

    Why not rent a place pro tem?
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    In which case, if compounded, the 29 trades you...

    In which case, if compounded, the 29 trades you listed would...

    ...turn £1000 into £78m.
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    Did you really mean 136% ie. £1000 became £2360 ...

    Did you really mean 136% ie. £1000 became £2360

    Or did you mean +36% ie. £1000 became £1360
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    What max % of your capital do you put on any one...

    What max % of your capital do you put on any one trade? (By which I mean, if your capital was £1m, £10k would be 1%)

    For example, what % did you put on the x3 short btc?
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    Not surprising really with unemployment already...

    Not surprising really with unemployment already nearly 3 million, and 9 million furloughed workers.

    I wonder if you can get a mortgage if you're furloughed...
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    Indeed. And, in particular, I bet they'll be...

    Indeed. And, in particular, I bet they'll be looking for "creative" ways to target those with open (and closed) loan years who are no longer within the scope of the LC. :mad:
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    IMO, the vast majority of it is, especially...

    IMO, the vast majority of it is, especially charting patterns and indicators.

    A simple line chart can be useful for identifying trends but that's about it. The 200-day simple moving average, as...
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    Assuming it wasn't appealed, would that mean HMRC...

    Assuming it wasn't appealed, would that mean HMRC can issue APNs to Hyrax users?

    Because it was a failure to disclose a notifiable arrangement, would it also enable HMRC to go back 20 years to...
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    They are "only" buying bonds at the moment but...

    They are "only" buying bonds at the moment but some commentators are predicting they will eventually start buying stocks.

    <placeholder - Fed buys shares in AMD> :laugh
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    Well, it can't have been for the benefit of...

    Well, it can't have been for the benefit of clients because, by early 2014, they would have known that APNs were coming.
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    Out of interest, which years was that? I don't...

    Out of interest, which years was that? I don't think many schemes registered after about 2010. Very few, if any, registered after 2014 when APNs came in (for obvious reasons!).
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    Bugger.

    Bugger.
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    It sounds like they perform similar to leveraged...

    It sounds like they perform similar to leveraged (x2, x3, x5) long and short ETFs.
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    Can you close that x3 derivative 24x7, or only...

    Can you close that x3 derivative 24x7, or only during trading hours?
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    HMRC can only* issue APNs if the scheme was (a)...

    HMRC can only* issue APNs if the scheme was (a) registered under DOTAS and (b) they've already opened an enquiry or raised an assessment (discovery) for the years in question.

    * NB. they can also...
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