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30th December 2014 at 10:34 pm
#877
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Hi Patrick. I used the UCS scheme through Inventive Tax Strategies. I’m sure you know the new HMRC deadline for settlement agreement or challenge is close of business tomorrow 31st Dec 2014. If challenged, how long do you think it could take to resolve given the number of cases? Would HMRC pursue each individual case through court or more likely to get blanket ruling and apply broad brush? I’m tempted to settle but suspect challenge could take years to settle and not sure if HMRC would eventually give up once the size of each individual obligation got down to certain size. Would very much appreciate your thoughts. Thanks.