+ Reply to Thread
Page 2 of 31 FirstFirst 1 2 3 4 12 ... LastLast
Posts 11 to 20 of 304
  1. #11

    Still gathering requirements...


    Join Date
    Sep 2012
    Posts
    20
    Thanks (Given)
    1
    Thanks (Received)
    1
    Likes (Given)
    0
    Likes (Received)
    2

    Default

    Quote Originally Posted by geoff from contracta IOM View Post
    What do you need them for exactly ? Why would they need to engage with HMRC on your behalf ?
    ..because the nice man who sold me the scheme stressed that in the remote possibility that I should ever by audited by HMRC that I would be fully covered by their tax defence , I would just like to take him up on his offer, If only he would return my calls!!

  2. #12

    Some things in Moderation

    cojak's Avatar
    Join Date
    Jul 2005
    Location
    Look to your right...
    Posts
    17,645
    Thanks (Given)
    431
    Thanks (Received)
    888
    Likes (Given)
    3858
    Likes (Received)
    2515

    Default

    Quote Originally Posted by FTTM View Post
    ..because the nice man who sold me the scheme stressed that in the remote possibility that I should ever by audited by HMRC that I would be fully covered by their tax defence , I would just like to take him up on his offer, If only he would return my calls!!
    I hope you got that in writing...

  3. #13

    More time posting than coding


    Join Date
    Feb 2011
    Posts
    366
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by FTTM View Post
    ..because the nice man who sold me the scheme stressed that in the remote possibility that I should ever by audited by HMRC that I would be fully covered by their tax defence , I would just like to take him up on his offer, If only he would return my calls!!
    Ah I see, give RSM Tenon a shout I'm pretty sure they will pick it up for you.

    By the way whatever you do don't entertain any notion of settlement with HMRC, case law is against them on EBT's and they know it.

  4. #14

    Offshore Service Provider


    Join Date
    Jan 2010
    Posts
    343
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by FTTM View Post
    yes , I have read a lot of the info on here but there isn't too much about the specifics of this scheme other than that the companies involved have mysteriously disappeared into the ether and as such we don't appear to have anyone engaging with the HMRC on our behalf. I would like to hear from other users ( maybe i should start EBT's Anonymous) so that we can pool our knowledge / resources.
    Somehow I don't think that RSM Tenon (7th biggest firm of accountants in the UK) have mysteriously disappeared at all.

  5. #15

    More time posting than coding


    Join Date
    Feb 2011
    Posts
    366
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Just checked their share price on the London Stock Exchange, they're still there OK.

  6. #16

    Double Godlike!

    stek's Avatar
    Join Date
    Oct 2009
    Location
    East of Eden
    Posts
    10,704
    Thanks (Given)
    3
    Thanks (Received)
    230
    Likes (Given)
    11
    Likes (Received)
    1379

    Default

    Rangers FC?

  7. #17

    Offshore Service Provider


    Join Date
    Jan 2010
    Posts
    343
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by stek View Post
    Rangers FC?
    That wasn't anything to do with Premier.

  8. #18

    Double Godlike!

    stek's Avatar
    Join Date
    Oct 2009
    Location
    East of Eden
    Posts
    10,704
    Thanks (Given)
    3
    Thanks (Received)
    230
    Likes (Given)
    11
    Likes (Received)
    1379

    Default

    Quote Originally Posted by Vallah View Post
    That wasn't anything to do with Premier.
    Concept not the same tho?

  9. #19

    Offshore Service Provider


    Join Date
    Jan 2010
    Posts
    343
    Thanks (Given)
    0
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by stek View Post
    Concept not the same tho?
    Only in the same way that a Yugo is the same concept as a BMW. 'Concept' isn't what you want in cases like this, it's careful legal planning, and Rangers got theirs horribly wrong. I can't comment on Premier, but lots of firms' clients have had no problems with the use of EBTs whatsoever. The usual suspects will be around shortly to talk about BN66 of course, but as Geoff says above, the case law behind EBTs is very strong, so that there's very little chance of anything retrospective being applied to anybody who used a well run scheme prior to the Disguised Remuneration rules change in December 2010.

  10. #20

    Double Godlike!

    stek's Avatar
    Join Date
    Oct 2009
    Location
    East of Eden
    Posts
    10,704
    Thanks (Given)
    3
    Thanks (Received)
    230
    Likes (Given)
    11
    Likes (Received)
    1379

    Default

    Quote Originally Posted by Vallah View Post
    Only in the same way that a Yugo is the same concept as a BMW. 'Concept' isn't what you want in cases like this, it's careful legal planning, and Rangers got theirs horribly wrong. I can't comment on Premier, but lots of firms' clients have had no problems with the use of EBTs whatsoever. The usual suspects will be around shortly to talk about BN66 of course, but as Geoff says above, the case law behind EBTs is very strong, so that there's very little chance of anything retrospective being applied to anybody who used a well run scheme prior to the Disguised Remuneration rules change in December 2010.
    Fair enough but I think most of us prefer to walk the line on the 'let's not attract the attention of the HMRC' side, not the 'let's try and take the piss and be a beacon for an investigation' type-scenario....

    So Rangers, a plc prolly, or formerly, with proper accountants are largely shiit compared to the tin-pot solutions we have offered here?

    Come on....

+ Reply to Thread
Page 2 of 31 FirstFirst 1 2 3 4 12 ... LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.