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Anyone heard of Aston Mae?

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    #31
    I've been called by this company as well in the last week. They basically explain the situation as being one where they are structuring their offering to be fully compliant with current legislation in the UK and that if/when this changes, they'll change their practices for their clients to come in line with it.

    I'm assuming that its still to be filed under the "too good to be true" section and that a limited company is the way to go, but its interesting to speak with some other contractors who have now signed up with them after taking their own advice from local acocuntants.

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      #32
      Originally posted by ascender View Post
      I've been called by this company as well in the last week. They basically explain the situation as being one where they are structuring their offering to be fully compliant with current legislation in the UK and that if/when this changes, they'll change their practices for their clients to come in line with it.

      I'm assuming that its still to be filed under the "too good to be true" section and that a limited company is the way to go, but its interesting to speak with some other contractors who have now signed up with them after taking their own advice from local acocuntants.
      If you enjoy sleeping at night, then don't join and pay your way, either through an umbrella or LTD company.

      If you are the high risk gambling type and are willing to risk paying their "management" fee for X years then the full amount of Tax/NI/Penalties on top of that fee when HMRC finally catch up with you and close down the scheme - go for it!
      Cloud Computing - Quis custodiet ipsos custodes?

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        #33
        Originally posted by ascender View Post
        I've been called by this company as well in the last week. They basically explain the situation as being one where they are structuring their offering to be fully compliant with current legislation in the UK and that if/when this changes, they'll change their practices for their clients to come in line with it.

        I'm assuming that its still to be filed under the "too good to be true" section and that a limited company is the way to go, but its interesting to speak with some other contractors who have now signed up with them after taking their own advice from local acocuntants.
        Did they explain exactly how they were 'structuring their offering'?
        Last edited by Contractor UK; 1 March 2011, 14:41.
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          #34
          Warranty

          Originally posted by LisaContractorUmbrella View Post
          Did they explain exactly how they were 'structuring their offering'?
          The long and the short is that they are a "shop" for schemes. They place your business with "the most appropriate" scheme for your circumstances.

          I don't think it takes a genius to work out that if the scheme concerned is challenged by Hector then the warranty is going to come under severe strain. Given that tax is personal, I can't see Hector having any sympathy with the "but they said I was covered if you investigated" line. The bottom line will be your's to cover whatever happens.

          Lisa is right - ask them to explain it fully, in writing. All the QC opinion in the world won't matter when Hector comes calling. Aggressive avoidance covers a multitude of sins and it doesn't matter what a QC says or whether your own lawyer (as in my case when investigated) can prove that what you have been doing is legal. If Hector doesn't like it, you are going to have a mighty fight on your hands to avoid paying tax, penalties and interest on the total amount earned.

          That leaves us with "80 - 85% returns" versus 73 - 75% through a limited company accompanied by a sound nights' sleep.

          You do the maths.

          Pastalista
          Last edited by Contractor UK; 1 March 2011, 14:41.

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            #35
            Aston Mae

            Hi Kai

            I have been using Aston Mae's services via Evei services for about 2 years now, I am averaging an 84% return on my money, I get paid 13th of every month without fail, I have insurance against being inspected by HMRC, they do all my self assessment tax returns, and I get a referral fee of £1250 for everyone I recommend who joins and stays for 3 months, you also get this every year the recommendee stays with AMS too. So if you do decide to join them tell them you were recommended by me Paxo65 <no personal details here - Mod>, and I think you might get a joining bonus too, although I am not sure about this last point.


            All the best

            G.

            Mod: PM Paxo if you want more details and if you're feeling generaous enough for him to get the finder's fee.

            Originally posted by Kai View Post
            Hi,

            Has anyone had dealings with an umbrella company called Aston Mae?

            Any advice appreciated!

            Kai.

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              #36
              Originally posted by Paxo65 View Post
              Hi Kai

              I have been using Aston Mae's services via Evei services for about 2 years now, I am averaging an 84% return on my money, I get paid 13th of every month without fail, I have insurance against being inspected by HMRC, they do all my self assessment tax returns, and I get a referral fee of £1250 for everyone I recommend who joins and stays for 3 months, you also get this every year the recommendee stays with AMS too. So if you do decide to join them tell them you were recommended by me Paxo65 <no personal details here - Mod>, and I think you might get a joining bonus too, although I am not sure about this last point.


              All the best

              G.

              Mod: PM Paxo if you want more details and if you're feeling generaous enough for him to get the finder's fee.
              Great advice. From a first time poster. Who admits to avoiding paying UK taxes. Who gets paid for referrals. Who joined after HMRC started to take them apart.

              What could possibly go wrong?
              Blog? What blog...?

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                #37
                Definition of insanity - to keep doing the same thing but expect different results
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                  #38
                  Originally posted by Paxo65 View Post
                  Hi Kai

                  I have been using Aston Mae's services via Evei services for about 2 years now, I am averaging an 84% return on my money, I get paid 13th of every month without fail, I have insurance against being inspected by HMRC, they do all my self assessment tax returns, and I get a referral fee of £1250 for everyone I recommend who joins and stays for 3 months, you also get this every year the recommendee stays with AMS too. So if you do decide to join them tell them you were recommended by me Paxo65 <no personal details here - Mod>, and I think you might get a joining bonus too, although I am not sure about this last point.


                  All the best

                  G.
                  That sounds just like the pitch I got from someone trying to get me into one of those pyramid selling schemes years ago.
                  I said no to that one as well.

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                    #39
                    Originally posted by Paxo65 View Post
                    Hi Kai

                    I have been using Aston Mae's services via Evei services for about 2 years now, I am averaging an 84% return on my money, I get paid 13th of every month without fail, I have insurance against being inspected by HMRC, they do all my self assessment tax returns, and I get a referral fee of £1250 for everyone I recommend who joins and stays for 3 months, you also get this every year the recommendee stays with AMS too. So if you do decide to join them tell them you were recommended by me Paxo65 <no personal details here - Mod>, and I think you might get a joining bonus too, although I am not sure about this last point.


                    All the best

                    G.

                    Mod: PM Paxo if you want more details and if you're feeling generaous enough for him to get the finder's fee.
                    Actually, this thread began in 2010 - Kai probably already has a bank account by now!
                    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                    - Voltaire/Benjamin Franklin/Anne Frank...

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                      #40
                      Got called by this mob today, they were pushing a LLP which on reading doesn't appear to be a Loan scheme.

                      But still having being caught up in BN66 I am sticking with Ltd, though given current witchhunt of PSC's thats an uncomfortable ride too #fed_up_of_being_a_political_punchbag
                      Politicians are wonderfull people, as long as they stay away from things they don't understand, like working for a living!

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