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.
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...
Feels like I'm blundering around in the dark a bit, so am just looking for what others are experiencing/doing.
Background: I was with Cascade for a period of about 4 years, and have now had an APN covering all those years. I'm also going through the fighting fund cascade had setup as part of...
2019 loan charge applies
Good to see HMRC acting early this time
Please see the above released yesterday.
Whilst HMRC might be overstating their case and the legislation may not reflect the view expressed, in a world where a Judge feels able to...
Hello all, please could someone help me with information on who the trustees are for Talent Resource Management and Cherrylon EBT?
Thanks for help
I was part of an offshore EBT scheme for one year (2011) under the Cascade/Hamilton providers. I've now received an APN for that tax year and given 90 days to pay it. The providers are no longer interested as they set up a litigation fund several years ago, and that wasn't...
Long time forum member but using a throw away account for this post. I used a scheme for a number of years prior to 2009 before moving to a Ltd company. I was investigated for the last year I used it, settled and thought that was that lesson learned ... obviously not. My exposure is more than I can...
During the period 2003-2010 I was paid via an EBT loan. From the look of the HMRC website apparently I'm going to have the whole amount paid through the trust treated as income and thus pay tax on it and that's happening in 2019 where they will treat the principal sum loaned as income and tax...
Bit of a slap on the wrist
I recently listened to the WTT/MyFD seminar regarding the 7a Apr 6th 2017 legislation.
But I am confused about the benefits of getting my loans released.
If the loans can be released (i.e. the obligation to repay the loan is released) prior to Apr 6th 2017 then they will not be caught by...
I contracted through White Collar and obtained loans from the below companies. My question is as both companies have been “dissolved” will this fact make my loans void i.e. I will never be asked to repay the loans.
Thanks for any help
ON TARGET LIMITED (126425C) – dissolved 12 August...
New penalties for enablers of offshore tax evasion
HMRC has introduced new sanctions from the 1 January 2017 against accountants, tax advisers and lawyers who enable offshore tax evasion....
Ok this isn't me but a colleague, they used Sunday Solutions a while back using some partnership scheme, Sunday Solutions were supposed to pay HRMC is £ cash which they held on his behalf by Jan 31st for 07-08 tax SA, but they didnt now they won't return his calls keeps getting excuses from them,...
*** Note *** This user has been banned until they provide more details about the group. We have seen scheme users get taken for a ride before and want to protect our site readers as much as possible. This is not a slight on this group, simply that we know nothing about them.
Hello to all those...
I got a letter from HMRC in summer of 2016 that I have just received (from my previous property that I rent out) regarding a single yr where I switched to an umbrella company Endeavour/Quantum for a 6mth contract — as I was winding down my business and quitting corporate work... I no longer...
Thy were around from 2007 selling DTA schemes - did anyone else ever deal with them?
Yesterday I received an enquiry letter from HMRC regarding work through the Choice Premier / Berwick Associates scheme.
Has anyone else worked with these guys and/or received a letter?
If so, please get in touch... I would be very interested in working together on this.
HMRC can pick us off one by one. However, within a group, it is much harder.
I would be happy as f*** if all of this just went away, but it won't. It will drag on until such time as HMRC issue closure notices for the years in question.
Give someone you love (being a contractor that 'someone'...
Two FOI requests that may be of interest, and not just to Montpelier users.
Many people received them. Some were even sent 1st class to make sure they arrived in time to spoil festivities.
HMRC really are a bunch of c&?!!.
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