hmrc response -epetition

[Steve1872 4]

[h=2]This e-petition has received the following response:[/h]As this e-petition has received more than 10 000 signatures, the relevant Government department have provided the following response:

It is now in the public domain that HM Revenue & Customs (HMRC) is seeking leave to appeal the First Tier Tribunal decision that found in favour of Rangers FC.

In relation to Employee Benefit Trusts (EBTs) more generally, HMRC has increasingly seen EBTs being used as a way of avoiding Pay as You Earn (PAYE) tax and National Insurance contributions (NICs). HMRC will form a view based on the facts of the case. Where HMRC believes a company has used an EBT as a way of trying to avoid obligations to account for PAYE and NICs, HMRC will challenge the arrangement and seek to recover the unpaid PAYE and NICs.

In cases where a company does not accept HMRCâ??s view that the EBT scheme does not work and PAYE and NICs are due, then it for the company to appeal HMRCâ??s decision within the appropriate time limit, and effectively choose to progress matters to litigation.

HMRC is disappointed to have lost the First Tier Tribunal stage of the court process and, as stated, will seek permission to appeal the Tribunal decision. The decision was not unanimous and the diligence of HMRC investigators was acknowledged by the whole tribunal. HMRC is committed to tackling avoidance and it is right that HMRC challenges the type of avoidance seen in this case to prevent the loss of substantial amounts of tax and NICs.

We do not comment on speculation about breaches of confidentiality.

This e-petition will remain open to signatures until the published closing date and will be considered for debate by the Backbench Business Committee should it pass the 100 000 signature threshold.

[ian1964 10,514]

It doesn't look like we will get the required amount of signatures!,there is still time but I just don't think it will be reached.

[GovanAllan 0]

Actually quite disappointed by the turnout for this thought we would get a lot closer.

[RabiDuck 89]

50,000 a match at Ibrox every other week, but only 37,000 signatories seems a little disappointing. Yes the attendance will include those who can't sign, but there's also a number of fans out there who can't attend games but are entitled to sign up. This needs more coverage from somewhere, Maybe JT needs to get onto it as the new PR chap?