Rocknrolla81 Posted May 9, 2014 Share Posted May 9, 2014 What do you all think ? Buried deep in the Budget document, there's a pretty significant HMRC power grab. If officials decide you owe them money, they now have the ability to take it directly out your bank account. No insolvency proceedings, asset freezes or debt collection agencies. Just the government taking out whatever it thinks it's owed. There are restrictions. The power can only be used once you've received a couple of letters and a phone call from enforcement. It only applies to people who owe over £1,000. HMRC must leave at least £5,000 in your account. Once they get the money they put it on hold for 14 days and you've got a chance to get in touch and set up a payment plan. If you don't, or you still refuse to pay up, they go ahead and keep it. All's fair in tax dodging, you might think and indeed that will be the sentiment that George Osborne hopes will override concerns about the policy. But the plot thickens. A couple of points above the bank account section, there is another power HMRC has taken for itself: it now gets to take money from you in expectation of a future legal victory. This is how it works: your tax adviser recommends you use a tax avoidance scheme. They reckon HMRC might dispute it, but it's worth a punt. You legally have to mention the fact you're using the scheme to HMRC. If they don't like the look of it, they challenge you. Usually (80% of the time) they win. The internal decision, unsurprisingly, goes their way, and most subsequent legal challenges to it fail. Up until now, you could keep the money while the process took place. Now, HMRC takes the money immediately and gives it back to you with interest if you win. From the Treasury's view, this is just a case of applying the same rules to tax dodgers as they do to normal taxpayers. After all, you don't get to hand your income tax over to officials when you fancy it. It's taken before it gets to you. But in truth this is a completely different matter. This is a dispute. The new rules mean you are being penalised in expectation of a future government legal victory. Which seems a bit off, constitutionally speaking. But if you put these two policies together, something quite drastic rears its head. This is a significant power grab. The state can now confiscate your money directly from your bank account while it decides if you have broken the law or not. (Note: The bank acount confiscation power is in Section 1.208 and the future confiscation power is in Section 1.200 and 1.201.) 1 Link to comment Share on other sites More sharing options...
Degsy Posted May 9, 2014 Share Posted May 9, 2014 HMRC go after the little guys and leave the big guys alone 5 Link to comment Share on other sites More sharing options...
Rocknrolla81 Posted May 9, 2014 Author Share Posted May 9, 2014 Thats really bad just taking money from your account Link to comment Share on other sites More sharing options...
Guest Posted May 9, 2014 Share Posted May 9, 2014 (edited) Right ive been fucked right over lately by these cunts.Not going into details but your right the little man. But ive found away around theyre silly games and im legally 5K a year better of than working under the CIS..Although im still CIS through my LTD company.Its a fucking minefield of bullshit.If people grew some balls and stopped talking a good job about unions and this and that,the whole country wouldnt be bowing down to this regime.So fuck you mr tax man. Edited May 9, 2014 by icki Link to comment Share on other sites More sharing options...
Rocknrolla81 Posted May 9, 2014 Author Share Posted May 9, 2014 They paid me a rebate and then a year later sent me a letter saying we paid you to much we want it back now you should have only got 53 pound Link to comment Share on other sites More sharing options...
Ital Posted May 9, 2014 Share Posted May 9, 2014 As it is if you owe them money the pretty much ask you to sell everything, put the kids into care, work night and day in order to pay them back and this just gives them the right to go straight into your bank and take what they believe is their's before you can even appeal. An absolute fk'ing violation of rights, this stinks 4 Link to comment Share on other sites More sharing options...
ThaiTonic Posted May 9, 2014 Share Posted May 9, 2014 Fuck me I've got a whole box full of letters from em, dating back to the 90s Just as well there's no chance of me having 5 grand left in my account. So looks like business as usual for me then... Filing those letters under fuck off. 3 Link to comment Share on other sites More sharing options...
GreenVision Posted May 9, 2014 Share Posted May 9, 2014 Right ive been fucked right over lately by these cunts.Not going into details but your right the little man. But ive found away around theyre silly games and im legally 5K a year better of than working under the CIS..Although im still CIS through my LTD company.Its a fucking minefield of bullshit.If people grew some balls and stopped talking a good job about unions and this and that,the whole country wouldnt be bowing down to this regime.So fuck you mr tax man Ltd company I find works better mate. Link to comment Share on other sites More sharing options...
Degsy Posted May 9, 2014 Share Posted May 9, 2014 They can get to fuck until they make Vodafone pay the £6 Billion they legally owed Like I said they go after the small man easy target , the big players with the expensive tax experts run rings around them 2 Link to comment Share on other sites More sharing options...
Guest Posted May 10, 2014 Share Posted May 10, 2014 They paid me a rebate and then a year later sent me a letter saying we paid you to much we want it back now you should have only got 53 pound Cheeky bastards... Link to comment Share on other sites More sharing options...
Rocknrolla81 Posted May 10, 2014 Author Share Posted May 10, 2014 Cheeky bastards... I no mate bad times Link to comment Share on other sites More sharing options...
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