Sentences with phrase «accelerated payment notices»

Since our last alert on the subject in July 2014, at the end of August HMRC began contacting investors with «accelerated payment notices» (i.e. the notices which require disputed tax to be paid up front by the investor).

Scheme promoters are reported to be designing schemes which escape the DOTAS (Disclosure of Tax Avoidance Schemes) rules, which could restrict HMRC serving accelerated payment notices on investors.

A successful judicial review challenge (via the pre-action protocol) brought by an established trading company to two separate accelerated payment notices («APNs») issued by HMRC's counter avoidance unit.

Warming to his theme, the author of the notice then explains how follower notices and accelerated payment notices are new weapons in HMRC's armoury in the fight against avoidance and how the new legislation penalising enablers of tax avoidance will represent a further step along this road.

As soon as a significant amount of money has been identified as lost or HMRC have served an Accelerated Payment Notice, Follower Notice or Demand for Payment, then the individual concerned should speak to an experienced solicitor to establish whether there is the possibility of a claim for professional negligence.

Not exact matches

The Bank may, without prior notice, and from time to time: (1) renew, compromise, extend, accelerate or otherwise change the terms relating to the Debt; (2) take and hold security (other than the Collateral Account) for payment of the Debt and enforce, exchange and release the security in any manner that the Bank determines is proper; (3) release or substitute you, any guarantor, or any endorser of the Debt; and (4) increase or lower the Credit Limit on your Credit Account, and no such action shall change the fact that the Collateral Account at all times will be held by the Bank as security for the Debt.

In the event that the Insured dies after a written request for an accelerated death benefit is submitted but before payment is made and we receive written notice at our home office of this death, the request for an accelerated death benefit will be considered void and no benefit will be paid under the rider.