For discussions relating to enquiry letters being sent out by HMRC.
This thread will provide news and information on the ongoing dispute with HMRC over the Montpelier double tax scheme (BN66/s58). It may also be of interest to deGraaf and Steed users.
I will try and post an update every Friday morning, whether there is anything to report or not.
Mod edit: Joining instructions.
This started elsewhere but should be on its own.
I have two takers so far.
To clarify this BIG GROUP is ONE GROUP across ALL schemes.
It does not impact action individuals may wish to take on their own or via other groups.
If you have generic questions regarding HMRC enquiries, this is the thread for you. If you have questions about your own enquiry or want to make contact with others who have used your loan scheme provider, look for the thread in this sub-forum.
The first thing to point out, however:
WE ARE NOT...
It's a common feature of these threads that lenders have become difficult to find and engage with.
We have recently had some experience in this arena.
In most schemes that used loans, certainly until 2011, loans were advanced by the company acting as trustee for a trust. In some cases, the...
The threads are filling up with stories of unexpected bills arriving from HMRC.
Whilst there is no substitute for getting proper advice that suits your own circumstances, the following general description may help reduce the shock.
However if you have an accountant - ask her/him for help. If...
I now have such a beast and am trying to find a way to get it on a forum thread.
It's a scanned document on my desktop that doesn't seem to want to attach itself to a message like this.
13 Questions you MUST ask about any scheme you are offered
The following is based on a piece originally written by and now replicated with kind permission of Jolyon Maugham QC and first appeared on the waitingfortax blog in 2014. I have shortened it and consequently any errors are mine.
Received a discovery assessment notice at end Feb. Duly sent a letter of appeal. Sent by registered post. It was signed for 2 weeks ago and is still not on the system. Whenever I call they just tell me it probably hasn't got around to being logged yet. But my 30 day notice period is up very shortly...
I (stupidly) fell into the trap of the EBT/PBT structures and was taken in with the 'it's 100% legal' and the 'Counsel Approved' sales pitches, along with the 85%+ take home! Fortunately, I changed to running my own Limited Company as of the beginning of this year, mainly direct to clients now.
This gentleman is often mentioned in these forums and has some notable victories (and losses) to his name, including Dextra (victory).
He has also had to deal with a number of issues in relation to his professional life recently.
It appears that...
I was with Twentyplus on an EBT until April 2015 when they became non-compliant, at that stage I switched to a compliant company. From April 2016 I have a limited company solution. I received a re-assessment from HMRC for 2011-12 and just received one for 2012-13. I have a postponement...
Just a heads up for those interested. Just for info - I'm not impacted by any of this.
The 2019 retrospective tax charge is said to be applicable to 40,000 people (HMRC figure).
It has to be assumed that this is the count of those who have not so far settled.
We have done a quick calculation of how many clients each of the known agents still active in this sector might have.
Payment in way of redeemable loyalty points :laugh :spank: https://www.gov.uk/guidance/disguised-remuneration-job-board-avoidance-scheme-spotlight-37
I stumbled on this forum when I was looking on the internet in a state of panic :bang:
I hope this is the correct place for this.
I have also received an income tax assessment for 2011 - 2012. I was contracting under a company called Network One.
I was wondering if anyone else...
I've scoured this forum and the internet for an answer to this question but have been unable to find it, I'm hoping someone here may be able to help.
My situation briefly - had income from loans in 2005/6 from "scheme A" and income from loans in 2006/7 from "scheme A" and "scheme B",...
If you have to declare outstanding loan amounts on your 2018-2019 tax return will the deadline to pay be 31 January 2020?
Anyone heard of Premium Resolutions??
A couple of people I know have been passed in their direction to write down existing loans ahead of the planned changes to legislation this April. As far as I know they are associated with another provider that's been around for some years.
So i decided to join bestpay around a year ago thinking everything was legit.
Tried for a mortgage at a bank which was refused due to me not being able to prove my taxable income. I research more and the horror came apparent that i was using a loan scheme.
My partner was...
Hi, I have received the initial letter saying they are 'checking' my 2012/13 return. I spent half that year with BestPay but I note that at the bottom of their website, their 'data controller' is Sanzar Consulting - does this mean they are part of Sanzar or should I start a new thread for BestPay?
In shock. Received a letter from HMRC demanding 40k in additional tax from 2012-13 because they believe I was part of a contractor loan tax avoidance scheme. I was in such as scheme which was falsely sold to me but in the tax year 14-15, not 12-13.
I do not understand how they have come to this...
Keywords: Montpelier Rathowen Newquay Professional Fernleigh Ronsard Watkin Gittins Corrance Hazelmere
If you have received a letter from the Trustees, demanding repayment of 10% of your loans, follow this thread.
Think very carefully before repaying.
More info to come...
Please check this first post regularly for updates
Hello, this is the thread for those that were employed by Edge and have received enquiries or demands from HMRC.
I would encourage you to post here and offer support to each other, however keep in mind that HMRC do read these threads - so...
So between Feb 2016 and March 2017 i recieve a total of £50,000
£12,000 in salary and £38,000 in loans.
I wish to settle all taxes and NI with HMRC before April 2019.
(A) How much is this likely to be?
(B) after all taxes and NI is settled, am i still susceptible to the 2019 tax...
I have a request for information for a single tax yr using Endeavour... I am no longer resident in UK and my earnings are very limited. I am wondering if someone can PM me and let me know about WTT Consulting and your experience with them? Is it worth I spend £800+vat (this would have to be...
I am trying to find links between White Collar and their various loan companies to understand if the loans were dissolved with the companies or if they have been passed to a trust but I am not having much luck (thanks Patrick for returning my calls).
I want find out if the loans still exist...
I received a letter today titled 'Late payment surcharge following unpaid accelerated Partner Payment Notice (PPN) Statutory Review of HMRC Decision.
I have no idea what a PPN is and all my correspondence to date (both to & from HMRC) relates to an APN. Can anyone shed any light on this, or this...
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