Talent Resource Management

[icemarkuk]

One important question no one seems to have asked is, if we are demanded to pay the loads back at some point (for example if the tax man decides Talent is responsible for PAYE taxes) then surely they will scream for immediate repayments, BUT, can we do the same with Batchworth, who took gross payments in the first place? Surely if Batchworth have horded the gross (minus the salary) from our agencies, then we can demand that gross back to pay of the separate loan, as the amounts are the same (except for the 5% management /interest fee).

Does anyone know the legal status of the money Batchworth got (excluding the normal salary). I don’t remember signing anything to say they could “keep” the extra (excluding the salary), any thoughts?

Regards,

Bulgar.

As they invoiced for the money then it is theirs. I'm sure you could argue this in court, but by that time they will be long gone.

[TykeMerc]

BUT, can we do the same with Batchworth, who took gross payments in the first place? Surely if Batchworth have horded the gross (minus the salary) from our agencies, then we can demand that gross back to pay of the separate loan, as the amounts are the same (except for the 5% management /interest fee).

Does anyone know the legal status of the money Batchworth got (excluding the normal salary). I don’t remember signing anything to say they could “keep” the extra (excluding the salary), any thoughts?

No you can't, the gross was never yours as soon as you effectively agreed to work for TRM at your salaried rate (or whatever the company was) and they invoiced the agency you were an employee and nothing more. Any profits over and obove your salary belong to TRM.
The gross is legally theirs and short of standing up in a court and basically stating that you knowingly engaged in a tax scam (evasion not avoidance) by deliberately hiding your income which would land you in jail you couldn't challenge them.

[dezze]

I really think the level of information being presented here (Bulgar9) should be on a closed forum, or not presented at all. HMRC must be loving this thread.

[cojak]

What dezze said with bells on guys...

Be aware what info you're putting onto this forum.

Can HMRC demand names and and addresses from the mods? Dunno but it's an interesting question...

[chrishawles]

Probably the last post on this subject until I've sought legal advice.

The purpose of this message is to ask if the following forum members wish to join me and a group of others in seeking legal advice and sharing the cost of this.

If the following could email me if interested I'd be grateful (as I can't contact you via the forum) :

Dark Knight
TruckerT
gd87
ramble
Nautique196
Hendrix12

Cheers in advance

Jon

PS Anyone else affected is also welcome please email me using the forum. If you are new and don't have the necessary priviledges yet please ask an admin bod or a moderator. Cheers.

Hi Jon,

I would like to join your group regarding this matter. I have brushed it under the carpet up until now but now I am losing sleep over it. I have been with TRM for over 2 years and have a huge liability.

I have contacted the webmaster for PM rights so hopefully I can contact you soon.

Chris

<mod note>you now have pm rights</mod note>

[Jonah]

Interesed in Joining

Hello,
I'm interested in joining this group.

Please can you allow me to message so that i can contact JonC?

<mod note>Account now upgraded</mod note>

[Chris_UK09]

Interested in joining

Hi I'm also interested in joining this group. Can someone point me in the right direction / provide an update as the last entry in the thread was back in Sept 08. thanks

[chipmunk]

TRM are under HMRC investigation. If you want to use an EBT based scheme then I suggest you consider using Steed.

[GFROSTY]

TRM are under HMRC investigation. If you want to use an EBT based scheme then I suggest you consider using Steed.

Where did you get this information from?
Please provide further info.

Ta

[alreadypacked]

Has anyone heard or dealt with the company Talent Resource Management?

They operate out of Guernsey and promise to pay a minimum of 85% earnings. Is this too good to be true?

I am using another PAYE umbrella company but after tax and NI get back only about 58%. I don't want to start my own limited company as I will be relocating abroad in 6 months time so wanted to make the most of my earnings.

Has anyone had good dealings with Talent Resource? Is the loan payment completely written off as they say, or will I be chased by the taxman in the future?

Any feedback will be highly appreciated. Thanks in advance.

Didn't read the full thread, but how did you get introduced to TRM?