The General Thread of: Urgent LOAN CHARGE LEGAL - we need to fight the loan charge

[pt101]

No reason not to assume it's a scam.

At the urging of a poster who didn't get past mod approval, I checked out the web site. Its lack of any information without signing up was very reminiscent of certain dodgy umbrella schemes.

Do we know any more about this - has anyone looked any further into it?

[NotAllThere]

Unknown. The site was promoted on accountingweb as well, and the response wasn't exactly positive there either.

[pt101]

Do we know any more about this - has anyone looked any further into it?

A google search brings up a twitter account - there seems to be a bit more info on there I think. There is also a tweet from WTT - surely they wouldn’t tweet if it wasn’t above board?

[NotAllThere]

A google search brings up a twitter account - there seems to be a bit more info on there I think. There is also a tweet from WTT - surely they wouldn’t tweet if it wasn’t above board?

Are you a promoter?

[pt101]

Are you a promoter?

What??? Certainly not!! I’ve been registered on here for years now but I mainly read the posts rather than post because I don’t know a lot about anything really. I guess I was hoping something could stop this loan charge from kicking in because it’s getting pretty close now. What with this and the Felicitas stuff it’s getting a bit much tbh.

[northernladuk]

What??? Certainly not!! I’ve been registered on here for years now but I mainly read the posts rather than post because I don’t know a lot about anything really. I guess I was hoping something could stop this loan charge from kicking in because it’s getting pretty close now. What with this and the Felicitas stuff it’s getting a bit much tbh.

Are you a sockie?

[pt101]

Are you a sockie?

Now you have lost me!! I’ve no idea what this means.

[eek]

Are you a sockie?

Nope he appears to be a member of an IQ or similar scheme - so income paid out as loans with HMRC seeking the tax that was avoided and Felicitas trying to reclaim (at least some of) the money "lent" back

[pt101]

Nope he appears to be a member of an IQ or similar scheme - so income paid out as loans with HMRC seeking the tax that was avoided and Felicitas trying to reclaim (at least some of) the money "lent" back

That’s right - although I’m a she ?

[pt101]

I’ve signed up now. It’s not a scam, it’s a new legal challenge to try and stop the loan charge. It was only launched a couple of weeks ago - obvs needs to move fast to get funds in as there isn’t much time before the implementation of the loan charge. I think the idea was that the more people who contributed, the cheaper it would be for everyone as there are many people who genuinely can’t afford to contribute a lot - but guess it’s not being helped by people suggesting it’s not legit.

Here is a link to the website. Please note that you need to sign up and then send in a copy of your passport, a HMRC letter and a utility bill as evidence in order to be able to access the secure area and read FAQ etc (similar to what we had to do for the Stax forums some time ago). However if you just want to donate then you can do this without signing up in case friends and family want to contribute. Website is below if anyone wants a look.

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Here is the latest tweet.

https://twitter.com/loanchargelegal/...330977280?s=21