how much was your APN compared to what you earnt?
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  1. #11

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    I appreciate what you say Cojak. I can do maths but i just dont know how HMRC calculate the APN which i have heard is horribly over estimated, thats what my worry is.


    If it is 17,000 on the APN and is what i owe then brilliant.

    But otherwise, if its over estimated and they demand lets say 50,000 +, what the hell am i supposed to do?? I couldnt afford that! Many sleepless nights recently. =(

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    Quote Originally Posted by Rogiebear View Post
    I appreciate what you say Cojak. I can do maths but i just dont know how HMRC calculate the APN which i have heard is horribly over estimated, thats what my worry is.


    If it is 17,000 on the APN and is what i owe then brilliant.

    But otherwise, if its over estimated and they demand lets say 50,000 +, what the hell am i supposed to do?? I couldnt afford that! Many sleepless nights recently. =(
    If you look at webberg's comment you will see that HMRC may use different methodologies to work out what they decide to charge you. That may be the scary rollup method I posted , it may be the method he discussed the problem is that without knowing the scheme you are on and the mood of both tax tribunals and the person writing the request we just don't know...
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    Quote Originally Posted by Rogiebear View Post
    I appreciate what you say Cojak. I can do maths but i just dont know how HMRC calculate the APN which i have heard is horribly over estimated, thats what my worry is.


    If it is 17,000 on the APN and is what i owe then brilliant.

    But otherwise, if its over estimated and they demand lets say 50,000 +, what the hell am i supposed to do?? I couldnt afford that! Many sleepless nights recently. =(
    Usually they underestimate. You then get another bill for NI. Another for interest. Another for fees. And another for surcharges.

    Which scheme were you in for which years?

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    To have a 16/17 APN indicates a scheme that has either survived from pre 2011 (unlikely) or has been DOTAS disclosed recently (equally unlikely).

    I confess that I'm not aware of a 16/17 DOTAS scheme other than perhaps one that is tightly controlled by its creators.

    You sure your scheme meets the conditions for an APN.

    (And no, I'm not going to spell them out. They have been discussed ad nauseum in these threads).

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    Take a look at this thread for more APN info.

    http://forums.contractoruk.com/hmrc-...n-grounds.html

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