BN66 - Time to fight back!!!

[BrilloPad]

Just wanted to say thanks to everyone who is posting information and feedback on this thread.

I've been with MP from early 2002 to present. I don't have all the money that I would owe if HMRC come knocking of that I'm sure. However I'm doing what it seems most people are doing and covering things the best way they can.

Sit tight and lets fight this out together!

WHS

and welcome to the thread!
BP

[onyx]

A big hello to my comrades

I've finally caught up with this thread after a few weeks and have found the discussions most useful. Thank you to all those who have made useful comments - I've discovered the existence of CTDs and had the privilege to understand the contingency plans other people have put in place.

I joined MP in 2005 due to fear around IR35. The majority of my contractor colleagues had already joined and I followed suit as it seemed the right choice at the time. I'm only in contact with one of these people now so have no idea how the others are getting on. Another reason why this forum has been useful.

I've received letters from both MP and annual "we are investigating your SA" standard letters from Mr. B and chums. I'm expecting the brown envelope to land anytime now and anticipate a figure of around 100K plus 20K interest or so. Should the worst come to the worst, I'm expecting to cover the bill with some savings, future earnings and with some equity in an investment property.

The time for battle is fast approaching. Be strong and prepared as tough times are ahead but let's not go down without a fight...

[scott_free]

Just been reading through the TRM thread http://forums.contractoruk.com/busin...anagement.html , is this scheme really what MTM are now using ?

scarey, considering I've not even been told of the details since they switched

[Lewis]

Just been reading through the TRM thread http://forums.contractoruk.com/busin...anagement.html , is this scheme really what MTM are now using ?

scarey, considering I've not even been told of the details since they switched

To me it sounds like the new MTM scheme is the same as the scheme on the other thread (and other loan schemes out there). The other thread is full of posters getting panicy beacuase their 'loans' are being transferred elsewhere and they are being asked to sign loan agreement forms and they have only just (rather late in the day) realised the loans could be called in.

[BrilloPad]

A big hello to my comrades

I've finally caught up with this thread after a few weeks and have found the discussions most useful. Thank you to all those who have made useful comments - I've discovered the existence of CTDs and had the privilege to understand the contingency plans other people have put in place.

I joined MP in 2005 due to fear around IR35. The majority of my contractor colleagues had already joined and I followed suit as it seemed the right choice at the time. I'm only in contact with one of these people now so have no idea how the others are getting on. Another reason why this forum has been useful.

I've received letters from both MP and annual "we are investigating your SA" standard letters from Mr. B and chums. I'm expecting the brown envelope to land anytime now and anticipate a figure of around 100K plus 20K interest or so. Should the worst come to the worst, I'm expecting to cover the bill with some savings, future earnings and with some equity in an investment property.

The time for battle is fast approaching. Be strong and prepared as tough times are ahead but let's not go down without a fight...

Welcome to the BN66 thread

[BrilloPad]

Just been reading through the TRM thread http://forums.contractoruk.com/busin...anagement.html , is this scheme really what MTM are now using ?

scarey, considering I've not even been told of the details since they switched

I have heard rumours there are differences - and I am trying to find out what they are. At the moment I still plan to go limited in mid-Oct.

[arandomname]

Nat W

I'm finding it hard work to get replies too, used to email the same person but they've not replied for a while. Also tried phoning but my calls haven't been returned.

Is there a better way to contact them?

[scott_free]

To me it sounds like the new MTM scheme is the same as the scheme on the other thread (and other loan schemes out there). The other thread is full of posters getting panicy beacuase their 'loans' are being transferred elsewhere and they are being asked to sign loan agreement forms and they have only just (rather late in the day) realised the loans could be called in.

If MTM have switched to this method, wouldn't you of expected them to issue loan agreements/require signatures ?

[BrilloPad]

If MTM have switched to this method, wouldn't you of expected them to issue loan agreements/require signatures ?

So far I (and no-one I know at montp) have received anything other than that the scheme switched from March 12th.

Maybe the scheme does not need anything else from us?

I would love to know the details - I went to see Mr Simpson in London office but I am no wiser. These days I am more cautious and I plan to go back to ltd unless I hear something soon.

[scott_free]

So far I (and no-one I know at montp) have received anything other than that the scheme switched from March 12th.

Maybe the scheme does not need anything else from us?

I would love to know the details - I went to see Mr Simpson in London office but I am no wiser. These days I am more cautious and I plan to go back to ltd unless I hear something soon.

yes, think I want to sleep at night so I'm plumping for LTD company