Comments on: Income shifting: Tax Research LLP submission to HMRC http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/ Richard Murphy on tax and corporate accountability Wed, 07 Jan 2009 21:47:32 +0000 http://wordpress.org/?v=2.6 By: Tax Research UK / What I want from the budget http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-396775 Tax Research UK / What I want from the budget Wed, 12 Mar 2008 09:28:04 +0000 http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-396775 [...] That the move on income shifting is being deferred for a year whilst a thorough review of the structures available for use by small [...] [...] That the move on income shifting is being deferred for a year whilst a thorough review of the structures available for use by small [...]

]]> By: Emily Coltman http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-358326 Emily Coltman Tue, 22 Jan 2008 08:08:45 +0000 http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-358326 Hi Richard I shall join Nick in sending a letter of support - and would encourage other accountants to do the same. The "No to November" campaign worked when the community joined together. M Hi Richard

I shall join Nick in sending a letter of support - and would encourage other accountants to do the same.

The “No to November” campaign worked when the community joined together.

M

]]> By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-357774 Tax Research LLP Mon, 21 Jan 2008 17:22:49 +0000 http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-357774 Jason That's my fear too We're at one on this... Richard Jason

That’s my fear too

We’re at one on this…

Richard

]]> By: Jason Holden http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-357771 Jason Holden Mon, 21 Jan 2008 17:19:40 +0000 http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-357771 My last sentence was meant to read ‘I fear more botched and vague legislation that will do little to bring clarity to the tax advisers role when advising SME clients, and as a result will keep us at odds with HMRC. My last sentence was meant to read ‘I fear more botched and vague legislation that will do little to bring clarity to the tax advisers role when advising SME clients, and as a result will keep us at odds with HMRC.

]]> By: Jason Holden http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-357767 Jason Holden Mon, 21 Jan 2008 17:16:36 +0000 http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-357767 To have legislation that results in clarity and certainty would be a welcomed change, however, as the consultation ends on 28 February 2008 and will be implemented in April 2008 I fear we will end up with more uncertainty and lack of clarity, yet again! Your submission made interesting reading, some of it I do not agree with, however, whether I like some of the proposals or not actually pales when the result is certainty in the tax system, and that I am for! Gut instinct, where do you think we will end up Richard? I fear more botched and vague. To have legislation that results in clarity and certainty would be a welcomed change, however, as the consultation ends on 28 February 2008 and will be implemented in April 2008 I fear we will end up with more uncertainty and lack of clarity, yet again!

Your submission made interesting reading, some of it I do not agree with, however, whether I like some of the proposals or not actually pales when the result is certainty in the tax system, and that I am for!

Gut instinct, where do you think we will end up Richard? I fear more botched and vague.

]]> By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-354379 Tax Research LLP Thu, 17 Jan 2008 15:00:38 +0000 http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-354379 Nick Send a letter of support to HMRC I suggest - address in their document Thanks! Richard Nick

Send a letter of support to HMRC I suggest - address in their document

Thanks!

Richard

]]> By: nick james http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-354364 nick james Thu, 17 Jan 2008 14:22:59 +0000 http://www.taxresearch.org.uk/Blog/2008/01/16/income-shifting-tax-research-llp-submission-to-hmrc/#comment-354364 I've read the whole article. Subject only to some reservations about its proposals on small limited companies/LLPs, this submission is the most coherent, and more importantly, principled I've seen, certainly far better than anything else I've seen from the accountancy/business world. I'd like to support the submission in a practical way but I'm not sure what that would be. A petition on the PM's website perhaps? I’ve read the whole article. Subject only to some reservations about its proposals on small limited companies/LLPs, this submission is the most coherent, and more importantly, principled I’ve seen, certainly far better than anything else I’ve seen from the accountancy/business world.

I’d like to support the submission in a practical way but I’m not sure what that would be. A petition on the PM’s website perhaps?

]]>