Settlement Opportunity

[centurian]

Get ready to appoint strong defense teams, to fight legality and not be threatened by illegality !.

Actually you need a good prosecution team - HMRC don't take you to court - they just issue a debt against you - effectively via an edict, for which you cannot "defend" in the traditional sense if they go to court to seize your assets.

To "defend" - you have to get HMRC's edict-imposed debt removed - and for this, you have to take HMRC to court and prove them wrong. That's why tax-cases are Taxpayer v HMRC.

[gettingangry]

Hi, has anyone asked for a settlement figure?

Just interested to know if they have one to give or whether they are asking for more info

[meanttobeworking]

Hi, has anyone asked for a settlement figure?

Just interested to know if they have one to give or whether they are asking for more info

I asked for one on the day I received the letter (I only supplied them information they already had from my response to the enquiry letter two years ago).

No reply yet.

[K12AN]

HMRC will collect lots of money from their APNs...undoubtedly there will be court cases which follow regarding EBT's...some (hopefully most or all ) which they will lose and have to refund those concerned.
Surely, if they are regularly loosing EBT cases they will return these funds to those in similar situations in order to avoid costly court cases and further embarrassment?
I'm sure barristers would be rubbing their hands together at the thought of an 'easy case' against HMRC where they have a very solid defence and track record.
Out of interest, if HMRC lose their case - do they have to pay the court fees?

[gettingangry]

HMRC will collect lots of money from their APNs...undoubtedly there will be court cases which follow regarding EBT's...some (hopefully most or all ) which they will lose and have to refund those concerned.
Surely, if they are regularly loosing EBT cases they will return these funds to those in similar situations in order to avoid costly court cases and further embarrassment?
I'm sure barristers would be rubbing their hands together at the thought of an 'easy case' against HMRC where they have a very solid defence and track record.
Out of interest, if HMRC lose their case - do they have to pay the court fees?

Question is who will be taking who to court. If we have already paid - is the onus on us to take them to court to reclaim it?
If we then lose we can add a few thousand on to the bill - our fees and no doubt their's as well as they employ some t**t barrister on £2000 an hour. If we win, will we get court fees back - probably not after an almighty struggle, and I can't see a cheque for any refunded payments dropping on the doormat straightaway either. This is another of their immoral underhand tactics as they hope people will decide to throw in the towel.

By this time they will have ruined countless lives and families and there will be a few that can't take it anymore - HMRC I hope you are prepared for a spate of suicides. You're probably looking forward to a bit extra coming in through inheritance tax.

[AsISeeIt]

Speaking of inheritance tax, they are now looking to take this from you whilst your still living on a very similar basis...

h..p://www.dailymail.co.uk/news/article-2721524/Savers-forced-pay-inheritance-tax-alive-Move-attempt-stop-wealthy-using-schemes-cut-pay-die.html

[alphabet]

Apologies if I've missed something...

But if HMRC are asking taxpayers to provide loan amounts in regards to settlement, how can they issue accurate APNs if people ignore the settlement opportunity?

[costo]

Mortgage to pay HMRC

Has anyone been successful in taking out a mortgage to pay a potential HMRC debt?

Whilst I'm not considering settling yet I did start investigating if either I do or I get an APN how I could finance the debt.

After speaking to a mortgage broker and giving a true representation of whats going on (e.g. need money if a APN comes in) NO lender they approached would offer a mortgage to pay a HMRC debt - full stop!

The second approach was to give a different reason why you need a mortgage - e.g. to purchase a second property, once the lenders have offered the money you can in theory use this to pay the debt.

HOWEVER - whilst this is unconfirmed, the broker informed me that when there is an HMRC debt, whilst this does not go on the normal credit checking files (e.g. equifax) there is (apparently) a register that HMRC put names on who owe a debt to them? does anyone know if that is true?

The broker said that the lenders may check this register and if they found you were on it would mean you not only would not get the mortgage but also the lenders would know you have told them a lie and not offer you money in the future?

The only alternative it would appear is to take out a commercial loan on a much higher interest rate.... which I guess in theory later down the line you could remortgage to pay off the commercial loan... either way its even more cash to spend!

If above is correct your damned either way and only alternative would be to sell your home....

[TheDandy]

The stress of this is going to cause a few to take their lives no doubt.

I wonder for how long??

Until the majority of voters are targeted.

[sl4]

Mortgage

Has anyone been successful in taking out a mortgage to pay a potential HMRC debt?

Whilst I'm not considering settling yet I did start investigating if either I do or I get an APN how I could finance the debt.

After speaking to a mortgage broker and giving a true representation of whats going on (e.g. need money if a APN comes in) NO lender they approached would offer a mortgage to pay a HMRC debt - full stop!

The second approach was to give a different reason why you need a mortgage - e.g. to purchase a second property, once the lenders have offered the money you can in theory use this to pay the debt.

HOWEVER - whilst this is unconfirmed, the broker informed me that when there is an HMRC debt, whilst this does not go on the normal credit checking files (e.g. equifax) there is (apparently) a register that HMRC put names on who owe a debt to them? does anyone know if that is true?

The broker said that the lenders may check this register and if they found you were on it would mean you not only would not get the mortgage but also the lenders would know you have told them a lie and not offer you money in the future?

The only alternative it would appear is to take out a commercial loan on a much higher interest rate.... which I guess in theory later down the line you could remortgage to pay off the commercial loan... either way its even more cash to spend!

If above is correct your damned either way and only alternative would be to sell your home....

I think all of this sounds true. I spoke to a big contractor Mortgage Broker a while back and asked the question. Very quickly being told, under no circumstances would a mortgage be offered to pay HMRC. I asked if a loan could be taken out for an extension on the house etc and was told due to the sums involved the bank would want plans and a lot more details to substantiate it.