Weekly poll (16/07/09)

[UKFF Mod]

This week we have carried an article updating you on the fight against Section 58 of the Finance Act 2008, which prompted a lively debate on the issue right here on our very own forum.

Some say that this has only come about due to the aggressive tax avoidance scheme used in this situation and will only apply to the users of such schemes, whereas other fear that this sets a dangerous precedent for the future and more retrospective legislation may follow.

What do you think? Are you fearful of retrospective legislation?

[CrazyMoose]

Originally Posted by FLSM Mod

This week we have carried an article updating you on the fight against Section 58 of the Finance Act 2008, which prompted a lively debate on the issue right here on our very own forum.

Some say that this has only come about due to the aggressive tax avoidance scheme used in this situation and will only apply to the users of such schemes, whereas other fear that this sets a dangerous precedent for the future and more retrospective legislation may follow.

What do you think? Are you fearful of retrospective legislation?

I think the BN66 stuff is an exception rather than something we all should be worried about. If you work through your own limited company, manage it in accordance with the law, pay yourself prudently and so on you really shouldn't have anything to worry about .