Hiya,
Julia, I am aware of the other threads, and, have kept a close eye on these as part of my profession as well as from a personal interest. However, many posts seem to be empty rhetoric, with much barking and chasing of tails. A lot of wasted time and energy, not to mention emotion, is being poured into these threads whilst a firm answer is - hopefully - just around the corner.
As I've mentioned on many an occassion, I am no expert. However, my understanding from reading various deeds and rulings is that the ones being knocked back have too much of a discretionary capability even while units are on issue. This obviously disrupts the nexus for a right to income, and thus an apportionment of interest is necessary, if it's claimable at all.
Again, I will be keenly awaiting the news from Chris - whom I note is still happy and willing to sell his MGS deeds.
Cheers
James.
Julia, I am aware of the other threads, and, have kept a close eye on these as part of my profession as well as from a personal interest. However, many posts seem to be empty rhetoric, with much barking and chasing of tails. A lot of wasted time and energy, not to mention emotion, is being poured into these threads whilst a firm answer is - hopefully - just around the corner.
As I've mentioned on many an occassion, I am no expert. However, my understanding from reading various deeds and rulings is that the ones being knocked back have too much of a discretionary capability even while units are on issue. This obviously disrupts the nexus for a right to income, and thus an apportionment of interest is necessary, if it's claimable at all.
Again, I will be keenly awaiting the news from Chris - whom I note is still happy and willing to sell his MGS deeds.
Cheers
James.