Accountability, Transparency, & Brave Sir Robin

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ALLYJAMBO OCTOBER 10, 2016 at 21:52 =============================== I believe you are correct, as …

Comment on Accountability, Transparency, & Brave Sir Robin by Homunculus.

ALLYJAMBO
OCTOBER 10, 2016 at 21:52
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I believe you are correct, as it was last reported. What has happened since then, I have no idea.

I was really just making the point that the whole “holding company” structure is basically designed to protect the interests of the shareholders (of the holding company) to the detriment of the creditors (of the subsidiary). 

Homunculus Also Commented

Accountability, Transparency, & Brave Sir Robin
JOHN CLARK
OCTOBER 12, 2016 at 23:53

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No worries, mate. Just glad you could confirm what I thought to be the case.

I think I speak for everyone here when I express my gratitude for the effort you put in.

Cheers.


Accountability, Transparency, & Brave Sir Robin
SCOTTCOCTOBER 12, 2016 at 18:37

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If they did not submit the VAT returns on time then they will have received an assessment. The return has to go in within a specific time period. One month after the return ends, the return must be submitted within a week of that date. If it is not submitted then an assessment is automatically issued.

If they put the return in, even if it is not paid, then an assessment is not raised. HMRC do not have to raise an assessment if the return is in, they can simply move to enforcing that debt, as it is a legal declaration of VAT due.

If however HMRC decide that the return is incorrect they can issue an additional assessment, then enforce the total debt.


Accountability, Transparency, & Brave Sir Robin
It’s interesting to see that Jim Traynor is as much of a rude, bullying troglodyte in person as he was to people stupid enough to phone his radio programme.

It’s not surprising that lying and spinning comes so naturally to him.

Traynor and Young several years ago https://www.youtube.com/watch?v=rN3rEcwC41M


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Not the humility then.


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You guessed, what gave it away.


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