breeze

[speling bee]

Thanks to everyone for your feedback once again. Your comments regarding “zero risk” are very interesting reading indeed. There is indeed risk in everything – for example in getting out of bed you risk tripping over and knocking yourself out – but is that due to the action of getting out of bed or are there other factors to consider?? Upon reflection the issue of risk is highly subjective and what may seem risky to some, may seem benign to others.. Of course the opposite is also true.

Before I continue I would like to say that our adverts were not designed with the intention of misleading anyone nor making false claims to increase sales. We genuinely stand by our claim of zero risk, moreover in the context of a marketplace where we have many competitors offering “85% products” but few are insured by a third party for a full reimbursement of fees should the improbable happen. After due consideration we made the decision that this was a near unique selling point of our product, thus it would be remiss of us not to highlight it in our marketing materials. I for one am of the opinion that false claims/exaggerated marketing may benefit a business in the short-term, but in the long run you are opening up the business to the risk (pun not intended) of unhappy customers and a bad reputation. This is not our objective.

Our thought process in designing the adverts comes from a certain stance and as I say it’s very interesting to hear feedback from the contractor's stance. To that end we will be altering our marketing materials with immediate effect to modify any statement with regards to mitigation of “risk” and to qualify wherever appropriate the exact terms of the insurances covering our product.

Great, Phil. Could you also expand on these two points from Our Services | Breeze Wealth

•A demonstrable, successful 21 year track record
•Compliance confirmed twice in Court

It would be great for you to demonstrate the first point. The second point sounds like your scheme has been confirmed as compliant twice in court, but what you have said in this thread is that in your opinion there is relevant case law that supports your approach. When we read the word 'compliance' it can give the impression that it is about your company.

[porrker]

Great, Phil. Could you also expand on these two points from Our Services | Breeze Wealth

•A demonstrable, successful 21 year track record
•Compliance confirmed twice in Court

It would be great for you to demonstrate the first point. The second point sounds like your scheme has been confirmed as compliant twice in court, but what you have said in this thread is that in your opinion there is relevant case law that supports your approach. When we read the word 'compliance' it can give the impression that it is about your company.

Okay im in danger of sounding like a stuck record.....

The scheme is a discretionary trust which is perfectly ok. The scheme users can take loan payments. But you need need to understand 'disguised renumeration'.

http://www.hmrc.gov.uk/budget-update...x/tiin2675.pdf

This as sure as eggs is eggs will be considered disguised renumeration. All the case law and experience you can quote will not stop this.....

I don't know the detail of the insurance but I do the insurance market and suspect their are a number of caveats around if the scheme works or is compliant. If a contractor gets investigated its their problem...

Anyone considering this scheme be aware and check the wording very carefully...

[speling bee]

Glad to see the website now says risk free rather than zero risk.

[simondolan]

I notice that the insurance you have on place simply insures against the fees paid in the event of successful challenge. The back tax, NI, penalties and interest would still be down to the contractor of course. Phil, this isn't "risk free", or even low risk - it is one of the riskiest ways of working in this market. The fact that you publicise it on here means that without any doubt the Revenue will be all over it, and all the contractors that might use it. Blatant, artificial tax avoidance which this is, is on the top of the Revenues radar and will remain so I'm sure for the foreseeable future.

The scheme provider won't be the one carrying the can if and when this gets investigated, it will be the contractors. Again.

Thanks to everyone for your feedback once again. Your comments regarding “zero risk” are very interesting reading indeed. There is indeed risk in everything – for example in getting out of bed you risk tripping over and knocking yourself out – but is that due to the action of getting out of bed or are there other factors to consider?? Upon reflection the issue of risk is highly subjective and what may seem risky to some, may seem benign to others.. Of course the opposite is also true.

Before I continue I would like to say that our adverts were not designed with the intention of misleading anyone nor making false claims to increase sales. We genuinely stand by our claim of zero risk, moreover in the context of a marketplace where we have many competitors offering “85% products” but few are insured by a third party for a full reimbursement of fees should the improbable happen. After due consideration we made the decision that this was a near unique selling point of our product, thus it would be remiss of us not to highlight it in our marketing materials. I for one am of the opinion that false claims/exaggerated marketing may benefit a business in the short-term, but in the long run you are opening up the business to the risk (pun not intended) of unhappy customers and a bad reputation. This is not our objective.

Our thought process in designing the adverts comes from a certain stance and as I say it’s very interesting to hear feedback from the contractor's stance. To that end we will be altering our marketing materials with immediate effect to modify any statement with regards to mitigation of “risk” and to qualify wherever appropriate the exact terms of the insurances covering our product.

[speling bee]

I'd like to know about the legal team. Who are they and what strategies have they successfully implemented? Did they implement the Sunday Solutions strategy?

About Us | Breeze Wealth

Over the past 20 years, the legal team that engage with Breeze contractors has developed an unrivalled track record of successfully implementing strategies on behalf of individuals and businesses’ numbering into the thousands and in recent years has introduced a bespoke application, specifically for the contracting/freelance sector.

[Fandango]

and out of interest how many people/companies have you got signed up and using your scheme at present? and for how long have they been running with the scheme?

thanks

[speling bee]

And what is the story with Breeze Wealth Management that was dissolved on 9 March 2010?

https://www.duedil.com/company/05921...management-ltd

[LisaContractorUmbrella]

Thanks to everyone for your feedback once again. Your comments regarding “zero risk” are very interesting reading indeed. There is indeed risk in everything – for example in getting out of bed you risk tripping over and knocking yourself out – but is that due to the action of getting out of bed or are there other factors to consider?? Upon reflection the issue of risk is highly subjective and what may seem risky to some, may seem benign to others.. Of course the opposite is also true.

Before I continue I would like to say that our adverts were not designed with the intention of misleading anyone nor making false claims to increase sales. We genuinely stand by our claim of zero risk, moreover in the context of a marketplace where we have many competitors offering “85% products” but few are insured by a third party for a full reimbursement of fees should the improbable happen. After due consideration we made the decision that this was a near unique selling point of our product, thus it would be remiss of us not to highlight it in our marketing materials. I for one am of the opinion that false claims/exaggerated marketing may benefit a business in the short-term, but in the long run you are opening up the business to the risk (pun not intended) of unhappy customers and a bad reputation. This is not our objective.

Our thought process in designing the adverts comes from a certain stance and as I say it’s very interesting to hear feedback from the contractor's stance. To that end we will be altering our marketing materials with immediate effect to modify any statement with regards to mitigation of “risk” and to qualify wherever appropriate the exact terms of the insurances covering our product.

Unless your insurance covers legal costs, tax owing, penalties and fines you should be making no claims regarding risk and certainly not including the words zero or low

[eek]

Unless your insurance covers legal costs, tax owing, penalties and fines you should be making no claims regarding risk and certainly not including the words zero or low

Fancy registering a complaint here. to be honest I can't be bothered.

[speling bee]

Fancy registering a complaint here. to be honest I can't be bothered.

Already done. They are investigating and I will report back outcome. They have screenshots with 'zero risk'. Not sure how 'no risk' is better.