“Alice in Wonderland” Tax Grab
Following from our post about Clause 24 we are happy to say that the initial phase of funding for our Judicial Review of Clause 24 “Alice in Wonderland” Tax Grab was completed in a matter of days. The £50,000 target was hit in little more than a week over the Christmas break! The response was excellent, and clearly indicates the level of anger felt by landlords across the UK for this unfair, unintelligent and retrospective tax grab.
The Telegraph, Times, FT, Guardian, Mail and many trade publications have run with the story and several TV and audio interviews have been given and from the updates all the supporters received it seems there is a lot going on behind the scenes to make this campaign bigger, stronger and more successful
The legal team will pursue the case as far as the Judicial Review process will allow, including preparing detailed legal Opinion, issuing a pre-action protocol letter and making an application to a judge for Judicial Review. The legal team are also pursuing other options, should an application be unsuccessful.
Part of the legal analysis will include exploring an angle, which will benefit landlords who are either already incorporated, or will incorporate going forward with new transactions. This is an excellent development because it means that those landlords will also benefit by supporting our campaign.